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- Stock symbol: DOW, NYSE
- Annual revenue: $53.5 billion
- Founder: Herbert Henry Dow
- Year established: 1987
- CEO: Andrew Liveris
- CFO: Geoffery Merszel
- Staff: 45,530
- Industry: Manufacturing
- Phone: 800-422-8193
- Fax: (989) 636-1830
- HQ: Midland, Michigan
- Products: Plastics, agricultural products
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The Dow Chemical Company is the second-largest chemical manufacturer in the world, as well as a major producer of plastics, chemicals and agricultural products.
In 2008, Dow signed a $9.2 billion loan agreement in order to acquire its competitor Rohm and Haas. In May 2009, the company announced that it would pay part of this debt by selling off $1.625 billion in stock, $1 billion of which will be sold directly by Dow, with major shareholders selling the remainder.MarketWatch: Dow Chemical selling $1.625 bln in stock (May 5, 2009)
Product List
- Plastic Products:
- Artificial Turf Solutions
- Dow Wire & Cable
- Engineering Thermoplastics
- Film Substrates
- Footwear
- Fiber Solutions
- HYPOD™ Polyolefin Dispersions
- Performance Plastomers & Elastomers
- Polyethylene
- Polypropylene
- Polystyrene
- SARAN PVDC
- Specialty Copolymers
- Synthetic Rubber & NORDEL
Company Profile
Established in 1897, Dow Chemical Company has grown into the second-largest chemical manufacturer in the world, second only to BASF. The company's founder, Herbert Henry Dow, started the company with his method of extracting bromine from prehistoric brine trapped underground. This method of extracting bromine was conducted in Midland, Michigan, where the company is currently headquartered. The company's first landmark achievement came when it used electric current to separate bromides from brine. The production of bromides and other bleaching agents were then sold to Kodak. Following this seminal achievement, the company listed on the NYSE in 1937.DOW During the Recession
On December 8, 2008, the company announced it would close 20 facilities, costing a total of around 5,000 jobs or around 11% of its total workforce. The move comes in response to economic downturns in many developed nations, and about a week after chief rival DuPont announced similar cutbacks.Reuters: Dow Chemical to cut 5,000 jobs (December 8, 2008) Dow's revenue for the last quarter of 2008 was $10.9 billion, down 23% from a year before.-
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The Dow Chemical Company on Amazon
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PELADOW Ice Melting Salt - 25 lb.
PELADOW melts ice faster PELADOW releases heat as it works PELADOW doesn t chemically harm concrete PELADOW doesn t leave a powdery residue PELADOW works at colder temperatures (al...Amazon
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Fill Seal Foam Sealant, 12 oz Tan - $5.29
Used primarily for sealing penetrations and air leaks in the building envelope. Fills cracks, gaps and holes. Not recommended for use around doors and windows. Permanent, rigid, no...Amazon
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DOW CHEMICAL/FLEXIBLE PROD 187273 20OZ Pro Wind/DR Foam - $13.49
Great Stuff, 20 OZ, Pro Gun Foam , Window & Door Foam, Seals The Gap Between The Window Or Door & Its Rough Opening, Low Pressure Formulation, Tack Free In 8 Minutes, Re-Startable ...Amazon
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Growth Company: Dow Chemical's First Century - $49.95
Growth Company is the story of a century of industrial drama told by an insider who has been associated with the firm and its top managers since 1953. Written in celebrat...Amazon
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The Dow Chemical Company Questions
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What punishments seem fair to be given to companies/individuals who pollute rivers with chemicals and other waste? 2 AnswersI live in a town with a polluted river. There is garbage in the river and it is disgusting. I wouldn't want to eat fish out of this river. I remember a few year... read more -
EPA 17 chemicals -- where are they listed? 2 AnswersThe 17 chemicals were identified as part of the EPA's 33/50 Program. This program targeted 17 priority chemicals and set as its goal a 33% reduction in relea... read more -
Bailout Wine, what happens if the Dow goes up? Do you have to pay more? 1 AnswerNo, the article says the price remains at $39 a bottle. I think I'll stick to beer thanks. read more -
What is the point of having a constant DOW ticker in the corner of every channel? 3 AnswersI would imagine that as a result of the current financial downturn (and the media's desire to play on that, no matter how bored we are of it) that the news netw... read more
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