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Dow
-4.15%
Chemicals / Chemical Manufacturing and Technology
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Overview
The Dow company, commonly referred to as "Dow," is a multinational chemical corporation that was founded in 1897 by Herbert H. Dow. The company is headquartered in Midland, Michigan and has operations in approximately 160 countries. Dow is a diversified company that produces chemicals, plastics, and agricultural products, among other things.
Dow is most known for its production of commodity chemicals such as chlorine, caustic soda, and ethylene. It also produces specialty chemicals for a wide range of applications, including pharmaceuticals, electronics, and personal care products. The company's agricultural arm, Dow AgroSciences, provides crop protection and seeds to farmers around the world.
In addition to its chemical and agricultural divisions, Dow also has an energy division that produces and markets energy products such as natural gas and related products. The company also has a materials science division that produces plastic resins for packaging, industrial, and consumer goods.
Dow is one of the largest chemical companies in the world, with annual revenues of over $46 billion (as of 2020). It is also one of the oldest companies in the chemical industry, and has a long history of innovation and development of new products and technologies.
The company has faced several challenges and controversies throughout its history, including environmental concerns and legal disputes. However, Dow has also been recognized for its efforts in sustainability and corporate responsibility, being named one of the world's most sustainable companies by Corporate Knights in 2019.
In 2019, Dow merged with the specialty chemical company, DuPont, to form DowDuPont Inc. The merger resulted in the separation of the combined company into three independent, publicly traded companies in 2019, with Dow becoming a standalone company once again.
Today, Dow continues to be a global leader in the chemical industry, with a strong focus on innovation and sustainable practices. The company's mission is to "deliver a sustainable future for the world through the power of chemistry."
Dow is most known for its production of commodity chemicals such as chlorine, caustic soda, and ethylene. It also produces specialty chemicals for a wide range of applications, including pharmaceuticals, electronics, and personal care products. The company's agricultural arm, Dow AgroSciences, provides crop protection and seeds to farmers around the world.
In addition to its chemical and agricultural divisions, Dow also has an energy division that produces and markets energy products such as natural gas and related products. The company also has a materials science division that produces plastic resins for packaging, industrial, and consumer goods.
Dow is one of the largest chemical companies in the world, with annual revenues of over $46 billion (as of 2020). It is also one of the oldest companies in the chemical industry, and has a long history of innovation and development of new products and technologies.
The company has faced several challenges and controversies throughout its history, including environmental concerns and legal disputes. However, Dow has also been recognized for its efforts in sustainability and corporate responsibility, being named one of the world's most sustainable companies by Corporate Knights in 2019.
In 2019, Dow merged with the specialty chemical company, DuPont, to form DowDuPont Inc. The merger resulted in the separation of the combined company into three independent, publicly traded companies in 2019, with Dow becoming a standalone company once again.
Today, Dow continues to be a global leader in the chemical industry, with a strong focus on innovation and sustainable practices. The company's mission is to "deliver a sustainable future for the world through the power of chemistry."
What is special about the company?
1. The Dow Jones Industrial Average: The Dow company is known for being the namesake of the Dow Jones Industrial Average, one of the oldest and most well-known stock market indexes in the world. The index tracks the performance of 30 large, publicly-traded companies, including Dow.
2. History and Legacy: The Dow company has a long and rich history, dating back to its founding in 1897 by Herbert Henry Dow. It has survived through market crashes, economic downturns and major world events, making it a symbol of stability and endurance.
3. Diversification: Dow is known for its strong diversification across multiple industries such as agriculture, chemicals, performance materials and plastics, resulting in a more stable and resilient business model.
4. Focus on Innovation: Dow is committed to innovation and investing in research and development. It has a strong track record of inventing new products, processes and technologies that have made a significant impact in various industries.
5. Global Presence: The Dow company has a global presence, with operations and customers in over 160 countries. This allows it to tap into diverse markets and capitalize on growth opportunities around the world.
6. Sustainability: Dow has a strong focus on sustainability and has been recognized for its efforts in reducing its environmental footprint and promoting social responsibility. It has set ambitious sustainability goals and invests in sustainable solutions for its customers.
7. Strong Financial Performance: Dow has a history of strong financial performance, with consistent revenue and earnings growth. This has helped it maintain a strong credit rating and attract investors.
8. Strong Culture and Values: Dow is known for its strong culture and values, including a commitment to diversity and inclusion, safety, and ethical business practices. This has helped it build a positive reputation and attract top talent.
2. History and Legacy: The Dow company has a long and rich history, dating back to its founding in 1897 by Herbert Henry Dow. It has survived through market crashes, economic downturns and major world events, making it a symbol of stability and endurance.
3. Diversification: Dow is known for its strong diversification across multiple industries such as agriculture, chemicals, performance materials and plastics, resulting in a more stable and resilient business model.
4. Focus on Innovation: Dow is committed to innovation and investing in research and development. It has a strong track record of inventing new products, processes and technologies that have made a significant impact in various industries.
5. Global Presence: The Dow company has a global presence, with operations and customers in over 160 countries. This allows it to tap into diverse markets and capitalize on growth opportunities around the world.
6. Sustainability: Dow has a strong focus on sustainability and has been recognized for its efforts in reducing its environmental footprint and promoting social responsibility. It has set ambitious sustainability goals and invests in sustainable solutions for its customers.
7. Strong Financial Performance: Dow has a history of strong financial performance, with consistent revenue and earnings growth. This has helped it maintain a strong credit rating and attract investors.
8. Strong Culture and Values: Dow is known for its strong culture and values, including a commitment to diversity and inclusion, safety, and ethical business practices. This has helped it build a positive reputation and attract top talent.
What the company's business model?
The Dow Chemical Company, commonly referred to as Dow, is an American multinational chemical corporation focused on science and technology. Its business model is based on developing and providing a wide range of innovative and sustainable chemical, plastic, and agricultural products and solutions to customers in various industries, including packaging, infrastructure, automotive, electronics, and agriculture. This is achieved through research and development, strategic partnerships, and acquisitions to continuously expand and improve its product portfolio. Dow also operates a global supply chain network to efficiently deliver its products to customers worldwide. Additionally, the company has a strong commitment to sustainability and works towards decreasing its environmental impact while creating value for its stakeholders.
Interesting facts about the company
-The Dow company was founded in 1897 by chemist Herbert Henry Dow.
-The company is named after its founder, Dow, who was born in Belleville, Ontario.
-The Dow company started out as a producer of bromine and bleach.
-In 1920, the Dow company became the first company to develop a synthetic rubber.
-Dow introduced the first polyester fiber, Dacron, in 1950. It revolutionized the textile industry.
-In 1963, Dow introduced the first commercial agricultural herbicide, 2,4-D.
-The Dow company played a vital role in the production of the atomic bomb during World War II.
-In 1961, Dow built the first large-scale chemical plant in China, laying the foundation for its current presence in the country.
-The company is responsible for the development of the popular household product, Saran Wrap.
-Dow was the first company to use ethylene oxide to sterilize medical equipment.
-The company has been recognized for its sustainability efforts, including being named one of the top companies for diversity and inclusion.
-Innovation has always been a key focus for Dow, and in recent years the company has dedicated over $1 billion to research and development.
- Dow is one of the largest chemical companies in the world, with operations in more than 160 countries and over 37,000 employees.
-The Dow Chemical Company merged with DuPont in 2017 to form DowDuPont, and is now a subsidiary company of Dow Inc.
See Company Due Diligence:
-The company is named after its founder, Dow, who was born in Belleville, Ontario.
-The Dow company started out as a producer of bromine and bleach.
-In 1920, the Dow company became the first company to develop a synthetic rubber.
-Dow introduced the first polyester fiber, Dacron, in 1950. It revolutionized the textile industry.
-In 1963, Dow introduced the first commercial agricultural herbicide, 2,4-D.
-The Dow company played a vital role in the production of the atomic bomb during World War II.
-In 1961, Dow built the first large-scale chemical plant in China, laying the foundation for its current presence in the country.
-The company is responsible for the development of the popular household product, Saran Wrap.
-Dow was the first company to use ethylene oxide to sterilize medical equipment.
-The company has been recognized for its sustainability efforts, including being named one of the top companies for diversity and inclusion.
-Innovation has always been a key focus for Dow, and in recent years the company has dedicated over $1 billion to research and development.
- Dow is one of the largest chemical companies in the world, with operations in more than 160 countries and over 37,000 employees.
-The Dow Chemical Company merged with DuPont in 2017 to form DowDuPont, and is now a subsidiary company of Dow Inc.
See Company Due Diligence:
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