Dow Inc - DOW STOCK NEWS

Dow (NYSE: DOW) has appointed Karen S. Carter as Chief Operating Officer, effective immediately. Previously serving as president of Dow Packaging & Specialty Plastics, Carter will oversee business operating segments, including Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings. She will also manage Integrated Supply Chain, Purchasing, Information Systems, and Commercial organizations. With over 30 years at Dow, Carter most recently led the Packaging & Specialty Plastics segment, generating more than $23 billion in annual sales. Under her leadership, she expanded capacity through asset upgrades and spearheaded circular economy initiatives, including the launch of REVOLOOP™ Recycled Plastic Resins and INNATE™ Precision Packaging Resins.

Dow (NYSE: DOW) has completed the sale of its flexible packaging laminating adhesives business to Arkema for $150 million. The transaction includes five manufacturing facilities across Italy, the United States, and Mexico, encompassing Solvent-Based and Solventless Laminating Adhesives and Heat Seal Coating product portfolios. The proceeds will support Dow's capital allocation priorities and growth strategies. Dow retains its water-based laminating adhesives, acrylic adhesives, and adhesive solutions businesses. This divestiture, along with the recent Circulus acquisition, demonstrates Dow's commitment to portfolio alignment with growth strategy and circularity platforms.

Dow announced that Chief Financial Officer Jeff Tate will participate in a fireside chat at Citi's 2024 Basic Materials Conference. The event is scheduled for Tuesday, December 3 at 10:15 a.m. ET. Investors can access the live webcast through Dow's website, with a replay and transcript available after the event.

Dow and Ambipar have signed a Memorandum of Understanding to transform Brazil's plastic recycling market. The partnership aims to increase polyethylene recycling operations from 2,000 to 60,000 tons per year by 2030. The five-year phased approach includes building new Mechanical Recycling facilities to transform 80,000 tons of plastic waste into approximately 60,000 tons of post-consumer resin annually. The alliance will develop Brazil's first integrated center for polyethylene plastics circular economy, focusing on converting post-consumer waste into new products.

Dow (NYSE: DOW) has been named one of the Fortune World's Best Workplaces™ in 2024 by Great Place To Work® and Fortune magazine for the second consecutive year. The company achieved Great Place to Work® certification in 15 countries and ranked on eight national Best Workplaces™ lists.

This recognition is based on rigorous analytics and confidential employee feedback, requiring companies to be Great Place To Work Certified™ and appear on at least five Best Workplaces™ lists globally. The assessment evaluates organizations' efforts to create positive workplace environments and their impact on people and communities across multiple countries.

Dow (NYSE:DOW) has been awarded the Leading Disability Employer Seal by the National Organization on Disability (NOD) for the eighth consecutive year. The recognition is based on the NOD Employment Tracker™, which evaluates business practices in hiring, retention, and advancement of people with disabilities.

The company scored highly in disability employment strategy, practices, and performance. Dow's commitment includes HR policies, talent acquisition programs, and the Disability Employee Network (DEN) employee resource group, which focuses on empowering employees with disabilities and raising awareness. The recognition highlights Dow's ongoing dedication to fostering workplace inclusion, equitable opportunity, and accessibility.

Dow (NYSE: DOW) and Guangdong Delian Group have signed a memorandum of understanding at the 7th China International Import Expo to expand the use of post-consumer recycled (PCR) resins in the automotive market. Delian Group has successfully implemented Dow's REVOLOOP™ Recycled Plastics Resins in auto care product packaging, marking its first commercial application in this sector. The partnership aims to support the industry's transition toward circularity and sustainability, reducing reliance on virgin resins and decreasing packaging's carbon footprint. This collaboration is part of Dow's 'Transform the Waste' initiative, focusing on developing sustainable solutions and promoting a circular economy.

Dow's Dr. Yenny Cubides has been awarded the STAR of Tomorrow Award in the Corporate category by the Society of Hispanic Professional Engineers (SHPE) for her exceptional contributions in Core R&D work. As an associate research scientist at Dow, she has led multiple research projects and leverages her expertise in corrosion and electrochemistry to enhance asset integrity. Dr. Cubides also serves as a recruiter in Dow's BEST Symposium, supporting Black, Latin, and Native American doctoral scientists. The award recognizes STEM employees demonstrating outstanding technical performance and leadership potential. The recognition ceremony will take place at the SHPE National Convention in Anaheim, California.

Dow's Global African Affinity Network (GAAN) celebrates its 25th anniversary as the company's second Employee Resource Group. Established in 1999 as the African American Network, GAAN has grown to include over 5,000 members across 20 chapters globally. The network focuses on professional development, advocacy for equity, and workplace inclusion. Notable achievements include contributing to Dow's talent and supplier diversity strategies, and playing a key role in developing Dow ACTs, a multi-million-dollar initiative addressing systemic racism following the 2020 social justice movements.