Dow Chemical Co
(NYSE: DOW)
34.62
+0.48
+1.41%
+0.48
+1.41%
MORE ON DOW
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Dow Chemical Co |
| Industry: | Chemicals |
| Employees: | 54,000 |
DESCRIPTION
| Dow Chemical Co was incorporated in 1947 under Delaware law and is the successor to a Michigan corporation, of the same name, organized in 1897. The Company is engaged in the manufacture and sale of chemicals, plastic materials, agricultural products and services, advanced materials and other specialized products and services. It is also engaged in the property and casualty insurance and reinsurance business mainly through its Liana Limited subsidiaries. It offers a range of products and services to customers in approximately 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world’s challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow’s portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses deliver a range of technology-based products and solutions to customers in approximately 160 countries and in growth sectors such as electronics, water, energy, coatings and agriculture. The Company’s more than 5,000 products are manufactured at 188 sites in 36 countries across the globe. Dow conducts its worldwide operations through global businesses, which are reported in eight operating segments following the acquisition of Rohm and Haas. The Company’s operating segments are Electronic and Functional Materials, Coatings and Infrastructure Solutions, Agricultural Sciences, Performance Materials, Performance Plastics and Feedstocks and Energy. Dow is a manufacturer and supplier of products used mainly as raw materials in the manufacture of customer products and services. The Company serves the following industries: appliance; automotive; agricultural; building and construction; chemical processing; electronics; furniture; housewares; oil and gas; packaging; paints, coatings and adhesives; personal care; pharmaceutical; processed foods; pulp and paper; textile and carpet; utilities; and water treatment. The two raw material streams that feed the integrated production of the Company's finished goods are chlorine-based and hydrocarbon-based raw materials. Salt, natural brine and electricity is the base raw materials used in the production of chlor-alkali products and derivatives. The Company owns salt deposits in Louisiana and Texas; Alberta, Canada; Brazil; and Germany. The Company also owns limestone deposits in Texas. Other raw materials include acrylonitrile, flame retardants, aniline, bisphenol, methanol, rubber, carbon black, ammonia, formaldehyde, acetic acid and toluene diamine. The Company purchases these raw materials on both short- and long-term contracts. The Company experiences competition in each of its operating segments and in each of the geographic areas in which it operates. It competes worldwide on the basis of quality, price and customer service. The Company is subject to federal, state, local and foreign laws, regulations, rules and ordinances relating to pollution, protection of the environment, and the generation, storage, handling, transportation, treatment, disposal and remediation of hazardous substances and waste materials. |
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