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Dow and X-energy will collaborate with the intent to deploy X-energy's Xe-100 high-temperature gas reactor technology at one of Dow's U.S. Gulf Coast sites – which is expected to be operational by approximately 2030. The Xe-100 reactor plant would provide cost-competitive, carbon-free process heat and power to the Dow facility. Dow also intends to take a minority equity stake in X-energy, working with the company to deploy small modular nuclear technology.

The has recognized that advanced small modular nuclear reactor technology is a key part of the Department's goal to develop safe, clean and affordable nuclear power options. In 2020, X-energy was selected by the U.S. Department of Energy's Advanced Reactor Demonstration Program to deliver a four-unit Xe-100 plant in Washington state, which will make it among the first operational grid-scale advanced reactor plants in North America.

Small modular nuclear represents a key technology to enable energy-intensive industries to decarbonize. And this announcement marks an additional step in Dow's efforts to deliver 30% reduction in scope 1 and 2 carbon emissions since 2005 by 2030, on its path to achieving carbon neutrality by 2050. In 2021, Dow plans to build the world's first net-zero (scope 1 and 2 emissions) carbon emissions integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta.

Dow's " ESG report provides more detail on the company's continued efforts to reduce carbon emissions around the world.