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Dow Inc. - DOW STOCK NEWS

Welcome to our dedicated page for Dow news (Ticker: DOW), a resource for investors and traders seeking the latest updates and insights on Dow stock.

Dow Inc. (NYSE: DOW) is a leading materials science company harnessing the power of science and technology to drive innovation and address global challenges. With a rich history dating back to its formation from DowDuPont in 2019, Dow operates in around 180 countries, offering over 6,000 technology-based product families. The company's diverse portfolio includes specialty chemicals, advanced materials, agrosciences, and plastics, serving high-growth sectors such as packaging, electronics, water, coatings, and agriculture.

Dow's core businesses span several segments:

  • Packaging & Specialty Plastics: This segment focuses on various applications, from flexible food packaging to specialty polymers. Despite recent challenges like reduced energy and feedstock costs, the segment continues to maintain robust demand in flexible food and specialty packaging.
  • Industrial Intermediates & Infrastructure: Serving industries like polyurethanes, construction chemicals, and industrial solutions, this segment has seen gains in areas such as polyurethanes and construction chemicals, driven by improved equity earnings and operational efficiencies.
  • Performance Materials & Coatings: Catering to consumer solutions and coatings, this segment has shown resilience with volume gains, driven by improved demand across all regions and end-markets, particularly in siloxanes and personal care applications.

Dow is deeply committed to sustainability, as evidenced by its strategic initiatives such as Decarbonize & Grow and Transform the Waste. The company aims to capture more than $3 billion in underlying earnings improvement annually by 2030 through these initiatives. Dow is also advancing circular economy solutions, partnering with organizations like Freepoint Eco-Systems to convert plastic waste into valuable materials.

Recent milestones highlight Dow's strategic focus and financial discipline. In the first quarter of 2024, the company achieved volume growth and margin expansion, returning $693 million in cash to shareholders. New projects like the propylene glycol capacity expansion in Thailand and the VORATRON™ Polyurethane Systems production line in Germany exemplify Dow's commitment to innovation and meeting market demands.

Dow's forward-looking strategy is underscored by its continued investment in high-value growth areas, operational excellence, and sustainability. The company's operational and financial discipline ensures robust cash flow, margins, and returns, positioning it well for future growth and value creation.

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On October 12, 2021, Dow (NYSE: DOW) announced the successful commercialization of recyclable toothpaste tubes, now available globally. Developed in Asia Pacific, these tubes are designed to reduce landfill waste, addressing a significant environmental issue as traditional tubes contribute around 100,000 tons of waste annually. Dow's innovative polyethylene-based technology enhances recyclability by eliminating aluminum layers while maintaining product integrity. The initiative aligns with Dow's commitment to ensure all packaging is reusable or recyclable by 2035 and supports its broader sustainability goals.

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Dow has signed eight new renewable power purchase agreements (RPAs) across Europe and the Americas, set to cut scope 2 emissions by over 600,000 metric tons of CO2e annually. The agreements provide access to an additional 132 megawatts of renewable energy at no capital cost, amplifying Dow's total clean energy capacity to over 850 MW. These initiatives align with Dow's sustainability goals, including a target to achieve net CO2 neutrality by 2050.

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Dow (NYSE: DOW) has announced significant advancements in its commitment to sustainability, specifically in the production of circular plastics. Starting in 2022, the company will supply fully circular polymers, created through advanced recycling processes in collaboration with partners like Fuenix Ecogy Group and Gunvor Petroleum. Dow aims to meet its sustainability targets, which include collecting 1 million metric tons of plastic for recycling by 2030. Additionally, the company is fast-tracking purification capacity for pyrolysis oil feedstocks to enhance its recycling efforts.

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On October 6, 2021, Dow announced plans to achieve over $3 billion in additional underlying EBITDA growth while maintaining capital expenditures at or below depreciation levels. Short-term investments are expected to generate $2 billion in EBITDA, and a net-zero carbon emissions ethylene complex aims for an additional $1 billion annually by 2030. Dow's digitalization and restructuring initiatives target $600 million in EBITDA. The company is committed to reducing net annual carbon emissions by 30% by 2030 and plans to allocate $1 billion in annual capex toward decarbonization efforts.

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Health Supply US (HSUS) has successfully delivered over 8.7 million American-made medical isolation gowns within the last year to replenish the Strategic National Stockpile. In September 2020, HSUS was awarded $194 million in contracts from the U.S. Defense Logistics Agency to manufacture these gowns domestically. The company has made significant investments in equipment and workforce training to boost production capabilities, partnering with Dow Inc. (DOW) to enhance efficiency. HSUS emphasizes its commitment to supporting domestic manufacturing amid changes to the Buy American Act.

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On September 9, 2021, Dow announced that four of its leaders were recognized on the 2021 HERoes Women Role Model lists, highlighting their commitment to gender diversity in the workplace. Jane Palmieri, Howard Ungerleider, Margherita Fontana, and Eunice Heath received accolades as executives and future leaders. Dow's strategy integrates inclusion and diversity into its business, aiming to enhance employee engagement and representation of underrepresented groups. The company generated approximately $39 billion in sales in 2020 and operates 106 manufacturing sites globally.

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Dow (NYSE: DOW) announced a $2 million contribution to support relief and recovery efforts in Louisiana following Hurricane Ida. The donation aims to assist impacted communities as well as Dow employees affected by the storm. The company is collaborating with local and national partners to provide immediate services and aid, including offering interest-free loans and temporary housing for employees. Dow emphasizes its commitment to community resilience and ongoing support as recovery efforts progress.

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FAQ

What is the current stock price of Dow (DOW)?

The current stock price of Dow (DOW) is $45.46 as of November 22, 2024.

What is the market cap of Dow (DOW)?

The market cap of Dow (DOW) is approximately 31.6B.

What does Dow Inc. specialize in?

Dow Inc. specializes in materials science, offering products and solutions in specialty chemicals, advanced materials, agrosciences, and plastics.

What are Dow Inc.'s core business segments?

Dow Inc.'s core business segments include Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings.

How does Dow Inc. contribute to sustainability?

Dow Inc. is committed to sustainability through initiatives like Decarbonize & Grow and Transform the Waste, aiming to capture significant earnings improvement and advance circular economy solutions.

What recent financial highlights has Dow Inc. reported?

In Q1 2024, Dow Inc. achieved volume growth and margin expansion, returning $693 million in cash to shareholders and maintaining robust financial discipline.

What strategic projects is Dow Inc. currently undertaking?

Dow Inc. is undertaking projects like the propylene glycol capacity expansion in Thailand and the VORATRON™ Polyurethane Systems production line in Germany to meet market demands and drive innovation.

How does Dow Inc. support a circular economy?

Dow Inc. collaborates with partners like Freepoint Eco-Systems to convert plastic waste into valuable materials, fostering a circular economy for plastics.

What is Dow Inc.'s approach to innovation?

Dow Inc. leverages science and technology to innovate across high-growth sectors such as packaging, electronics, water, coatings, and agriculture.

How many countries does Dow Inc. operate in?

Dow Inc. operates in approximately 180 countries, providing products and solutions globally.

What is Dow Inc.'s commitment to shareholders?

Dow Inc. focuses on financial discipline, returning value to shareholders through cash returns and strategic investments in growth areas.

Where can I learn more about Dow Inc.'s sustainability initiatives?

You can learn more about Dow Inc.'s sustainability initiatives by visiting their official website at www.dow.com.

Dow Inc.

NYSE:DOW

DOW Rankings

DOW Stock Data

31.65B
698.70M
0.19%
70.99%
2.3%
Chemicals
Plastic Materials, Synth Resins & Nonvulcan Elastomers
Link
United States of America
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