Welcome to eMail News Delivery, a service from Business Wire.
Here is your Industrial Information Resources Inc. news release.
If you have received this in error please send a message to:
eMailDelivery@businesswire.com
with the following command in the body of the message:
 unsubscribe TX-INDUSTRIAL-INFO-RES
If you have questions about this service, please contact your
Business Wire Account Executive or service@businesswire.com


BW2032  OCT 24,2001       4:06 PACIFIC      07:06 EASTERN


( BW)(TX-INDUSTRIAL-INFO-RES) American Electric Power and Dow Chemical
Await Final Permit for Cogen Unit, in an Advisory by Industrialinfo.com

	   Business Editors & Energy Writers

	   HOUSTON--(BUSINESS WIRE)--Oct. 24, 2001--Researched by
Industrialinfo.com (Industrial Information Resources, Inc.; Houston,
Texas). American Electric Power (NYSE:AEP) (Columbus, Ohio) and
development partner The Dow Chemical Company (NYSE:DOW) (Midland, MI)
are expecting final permit approval in November for the construction
of a 900 mega-watt (MW) $325 million cogeneration unit to be
constructed at Dow's Plaquemine chemical complex in Louisiana.
	   AEP plans to begin construction during December of 2001 utilizing
their subsidiary AEP Pro Serv, Incorporated (Columbus, OH) for
engineering design on the project that is scheduled to take 22 months
to complete. A short list of two general contractors has also been
identified.
	   The natural gas-fired unit will be configured with four General
Electric 7FA combustion turbines and a nominal 200MW Alsthom stream
turbine with a heat recovery steam generator to produce electricity
and process steam for the Dow complex. A 20-year power sales agreement
is also in place with Tractebel Energy Marketing Inc. a subsidiary of
Belgian company Tractebel S.A.
	   Paul Addis, executive vice president for AEP adds, "This new
facility will bring generating capacity to Louisiana using
environmentally-friendly and energy-efficient technology, while at the
same time allowing Dow to achieve greater energy efficiency in its
core business."
	   American Electric Power is a multinational energy company based in
Columbus, Ohio. AEP owns and operates more than 38,000 megawatts of
generating capacity, making it one of America's largest generators of
electricity. The company is also a leading wholesale energy marketer
and trader, ranking second in the U.S. in electricity volume.
	   AEP Pro Serv, Inc. is the non-regulated professional services arm
of American Electric Power. AEP Pro Serv provides its clients with a
full array of project management, environmental, engineering,
construction, operations, technical services and maintenance
expertise.
	   Industrialinfo.com provides daily news related to the industrial
market place including industry alerts and databases for the energy
and industrial markets. For more information on trends and upcoming
construction activities for the Energy and Power markets as well as
other industrial sectors send inquiries to
powergroup@industrialinfo.com or visit us at www.industrialinfo.com.

    --30--JB/na*

    CONTACT: Industrial Information Resources, Inc., Houston
             Joseph Govreau, 713/783-5147

    KEYWORD: TEXAS LOUISIANA OHIO MICHIGAN
    INDUSTRY KEYWORD: CHEMICALS/PLASTICS ENERGY OIL/GAS UTILITIES
    SOURCE: Industrial Information Resources, Inc.

For the best viewing of the news releases please
 use the following email settings:  Courier 10 point.
 -Notice of Copyright and General Disclaimer-
 (c) 2000 Business Wire. All of the releases provided by Business Wire
 are protected by copyright and other applicable laws, treaties and
 conventions. Information contained in the releases is furnished by
 Business Wire`s members who are solely responsible for their content,
 accuracy and originality. All reproduction, other than for an
 individual user`s reference, is prohibited without prior written
 permission.

- Notice of Copyright and General Disclaimer --
(c) 1999 Business Wire. All of the releases provided by Business Wire
are protected by copyright and other applicable laws, treaties and
conventions. Information contained in the releases is furnished by
Business Wire`s members who are solely responsible for their content,
accuracy and originality. All reproduction, other than for an
individual user`s reference, is prohibited without prior written
permission.