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) - a global materials science leader - provides this centralized hub for official announcements and market-moving developments. Access verified press releases, financial disclosures, and strategic updates shaping the chemicals and advanced materials sectors.
This resource delivers timely insights into Dow's operational milestones, including quarterly earnings, sustainability initiatives, and technology partnerships. Track progress in circular economy projects, product innovations, and global market expansions through primary-source documentation.
Content spans three key areas: financial performance reports, environmental stewardship updates, and industry leadership announcements. All materials are sourced directly from Dow's corporate communications to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to unfiltered information about Dow's material science advancements and business strategies. Combine with Stock Titan's analysis tools for comprehensive investment research.
Dow and Wilson Sporting Goods have collaborated to innovate in the fast-growing sport of pickleball. Building on their successful partnership in developing the sustainable Triniti tennis ball, the companies have now created the TRU 32 Pro pickleball. This ball, integrated with Dow elastomer technologies, offers enhanced speed and liveliness for competitive play while maintaining consistency.
The collaboration addressed the challenge of producing pickleballs that push playability limits. The result is a USA Pickleball-approved ball for outdoor competitive play, featuring a patented 32-hole pattern for consistent flight and bounce. The partnership has also led to the development of the TRU 32 Indoor ball for indoor play.
This collaboration exemplifies how partnerships can drive innovation in sporting goods, setting new standards in performance and sustainability for racket sports.
Dow (NYSE:DOW) has been recognized in the 2024 R&D 100 Awards, marking its 13th consecutive year of winning this prestigious accolade. The company led the Mechanical/Materials Category with four winning technologies and one finalist, bringing its total to 63 cumulative awards - the most of any company in the award's history. Dow's innovations include:
1. AXELERON™ 6321 BK Telecom Cable Compound
2. DOWSIL™ 2080 Resin
3. DOWSIL™ IE-9100 Emulsion
4. PARALOID™ Additives
5. DIRTSHIELD™ 17 Emulsion (finalist)
These products demonstrate Dow's commitment to superior performance and sustainability across various industries, from telecommunications to clothing and flooring applications.
Louis Vega, Executive Advisor to GLAD (Dow's LGBTQ+ Employee Resource Group), has been inducted into INvolve's Hall of Fame for his outstanding contributions to LGBTQ+ workplace inclusion. Vega's commitment extends beyond Dow, serving on boards of nonprofits like the LGBTQ+ Victory Institute and Athlete Ally. This recognition places him alongside Dow's Chair and CEO, Jim Fitterling, who received the same honor in 2020.
Vega's role at Dow includes active participation in councils promoting belonging and equity across the company. His induction highlights Dow's ongoing commitment to fostering an inclusive workplace environment and supporting LGBTQ+ rights globally. This achievement underscores the importance of corporate leadership in advancing diversity and inclusion initiatives.
Dow has been named one of the 2024 PEOPLE Companies that Care for the fifth consecutive year, ranking #82 out of 100 companies. This recognition is based on over 1.3 million employee survey responses and data from companies representing 8.2 million employees.
CEO Jim Fitterling emphasized that this recognition reflects Dow's commitment to fostering a culture that cares about people, communities, and the environment. The company continues to invest in employee wellbeing through Total Rewards benefits and recently launched a new Childcare Assistance Program for qualifying U.S. employees.
Dow's chief Inclusion officer, Alveda Williams, highlighted the importance of creating a caring environment for employees both at work and at home. The Companies that Care list is highly competitive, with honorees selected based on their ability to offer positive outcomes for employees regardless of demographics.
Dow (NYSE: DOW) has announced a quarterly dividend of 70 cents per share. The dividend will be payable on September 13, 2024, to shareholders of record as of August 30, 2024. This marks a significant milestone for the company, representing the 452nd consecutive dividend paid by Dow or its affiliates since 1912. The consistent dividend payment demonstrates Dow's long-standing commitment to delivering value to its shareholders and reflects the company's financial stability over more than a century.
Dow (NYSE: DOW) has partnered with Cariloop to offer comprehensive caregiver support to its approximately 19,000 North American employees. This initiative enhances Dow's employee wellbeing strategy, addressing needs across various life stages, from new parents to those caring for aging relatives. The Cariloop platform provides:
- A robust content library
- Digital tools for care planning and management
- Access to Care Coaches for personalized guidance
Launched in summer, the service is available at no additional cost to Dow's U.S. and Canada-based employees. This partnership aligns with Dow's commitment to total employee wellbeing, encompassing physical, mental, emotional, financial, and social health.
Dow (NYSE:DOW) has announced the launch of two new grades of REVOLOOP™ Recycled Plastics Resins for non-food contact packaging applications. One grade contains 100% post-consumer recycled (PCR) plastics, while the other is a formulated grade with up to 85% PCR plastics derived from household waste. This expansion aligns with Dow's goal to Transform the Waste and commercialize three million metric tons of circular and renewable solutions annually by 2030.
In collaboration with RKW Group, Dow has developed a collation shrink film containing PCR plastics from household waste, addressing challenges in maximizing recycled plastics for demanding applications. This partnership combines Dow's material science expertise with RKW's extrusion and printing capabilities to create a flexible packaging solution that meets mechanical recyclability requirements and contributes to the circular economy.
Dow (NYSE: DOW) reported its Q2 2024 results with operating earnings per share of $0.68, down from $0.75 in the year-ago period but up from $0.56 in Q1 2024. Net sales were $10.9 billion, down 4% year-over-year but up 1% sequentially. The company saw volume increases of 1% both year-over-year and sequentially, with gains in most regions. Operating EBIT was $819 million, down $66 million year-over-year but up $145 million sequentially. Dow returned $691 million to shareholders through dividends and share repurchases. The company noted slower-than-expected global macroeconomic recovery but remains focused on working capital, cost reduction, and matching operating rates to current demand.
A lawsuit filed in Kanawha County, West Virginia, alleges that Dow Chemical (NYSE: DOW), its Union Carbide subsidiary, Bayer Crop Science LP, and other companies caused Charleston resident Cathy Darlene Flint to contract multiple myeloma after prolonged exposure to ethylene oxide (EtO). The lawsuit, led by environmental attorney Stuart Calwell, claims that EtO, a known carcinogen, is found in high concentrations in the area due to the defendants' negligence in producing, storing, and using the chemical.
The suit also targets healthcare facilities for allegedly releasing EtO during medical equipment sterilization without proper pollution controls. The EPA identifies the area around Flint's home as being in the 95th to 100th percentile of Air Toxics Cancer Risks. The case seeks damages for health impacts and aims to achieve justice for other affected residents.
Dow (NYSE:DOW) has launched NORDEL™ REN EPDM, a bio-based version of its EPDM rubber material used in automotive, infrastructure, and consumer applications. This new product aims to support industries in lowering their Scope 3 emissions and achieving sustainability goals. Key features include:
- Made from bio residues from other industries, avoiding competition with food resources
- Produced through an ISCC PLUS certified mass balance system
- Offers identical performance to virgin material without requalification
- Part of Dow's commitment to deliver 3 million metric tons of circular and renewable solutions by 2030
The production process uses 24% less energy and has a 39% lower carbon footprint compared to conventional methods, as validated by a third-party life cycle analysis.
