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Dow expands Propylene Glycol capacity in Thailand
prnewswire.com· 2024-05-16 11:10
Group 1 - Dow has commenced the expansion of its propylene glycol capacity at the Map Ta Phut facility in Thailand, increasing output by 80,000 tons per year to a total of 250,000 tons per year, making it the largest facility of its kind in Asia Pacific [1] - The expansion is characterized by low capital intensity and higher returns, providing a cost-competitive supply of key upstream raw materials like propylene oxide [1] - This capacity increase is aimed at supporting growth in high-value downstream markets such as personal care, pharmaceuticals, food, and flavor & fragrance [1] Group 2 - The expansion enhances Dow's innovation and manufacturing capabilities, strengthening its leadership position in the industry and improving service to customers in Asia Pacific and beyond [2] - Dow is committed to sustainable production of propylene glycol, utilizing lower carbon energy sources and biocircular feedstocks, with plans to secure ISCC PLUS certification for the Map Ta Phut facility by the end of 2024 [2] - The company has already launched new propylene glycol solutions with verified sustainability benefits in North America, Europe, and Latin America [2] Group 3 - Dow is a leading materials science company with a focus on high-growth markets, achieving approximately $45 billion in sales in 2023 [3] - The company operates manufacturing sites in 31 countries and employs around 35,900 people, emphasizing its global reach and asset integration [3]
Dow showcases circular and innovative materials science solutions and industry collaborations at Chinaplas 2024
prnewswire.com· 2024-05-16 11:00
Partnership with Sealed Air aims to develop more e-commerce packaging with increased recycled contentPartnership with Changchun FAWSN will promote lightweight polyolefin elastomer (POE) artificial leather solution in automotive marketMIDLAND, Mich., May 16, 2024 /PRNewswire/ -- Dow (NYSE: DOW), announced two new partnerships at Chinaplas 2024 to develop solutions that meet both performance and circular demands.In collaboration with Dow, Sealed Air has commercialized an e-commerce packaging with increased re ...
Dow and SCGC sign MOU for a first-of-its kind partnership to transform 200KTA of plastic waste into circular products
prnewswire.com· 2024-05-16 10:50
The initial phases are expected to include establishing a value growth partnership for post-consumer recycled materials (PCR) with current suppliers, and developing technology solutions in waste sorting, MR and AR in Thailand. The phases aim to build a robust materials ecosystem in South-east Asia. This ecosystem will ultimately enable better plastic waste collection, recycling and management, and accelerate plastic circularity.The parties anticipate that subsequent phases of the partnership will include so ...
Dow and Freepoint Eco-Systems announce supply agreement to transform plastic waste into new circular products
prnewswire.com· 2024-05-16 10:40
The supply agreement for 65,000 metric tons of circular feedstock advances the Companies' shared goal to support a circular economy for plastics in North America. Once completed, Freepoint Eco-Systems' advanced recycling facility, to be built in Arizona, will be ISCC Plus-Certified and will recycle end-of-life plastic waste, otherwise destined for landfills or incineration, from the region. As the sole offtaker from phase one of the Arizona facility, Dow will transform the certified-circular liquid supply i ...
Dow announces targets to conserve water and nature
prnewswire.com· 2024-05-16 10:30
Dow expands Protect the Climate targets to include climate adaptation benchmarks focused on water and natureThis reflects Dow's holistic approach to climate protection, considering both climate change mitigation and adaptationMIDLAND, Mich., May 16, 2024 /PRNewswire/ -- Dow (NYSE: DOW) today announced it will expand its Protect the Climate targets by setting distinct milestones for climate change mitigation that focus on water and nature conservation. These targets include:By 2030, Dow will implement a robu ...
Dow advances to #3 on Fair360's 2024 Top 50 Companies List
Prnewswire· 2024-05-14 12:15
Dow earns placement on the list for the 7th consecutive year MIDLAND, Mich., May 14, 2024 /PRNewswire/ -- Dow (NYSE: DOW) advanced to the #3 placement on the Fair360 2024 Top 50 Companies list and remains in the top 10 for the second consecutive year. The Fair360, formerly DiversityInc, Top 50 Companies list has been the external validator for large U.S. employers that model fairness in their talent strategies, workplace and supplier diversity practices, and philanthropic engagement since 2001. This ranki ...
DOW to Sell Flexible Packaging Laminating Adhesives Business
Zacks Investment Research· 2024-05-08 13:25
Dow Inc. (DOW) recently stated that it has agreed to sell its flexible packaging laminating adhesives business, which is part of Dow's Packaging & Specialty Plastics unit, to Arkema, a specialty materials company.This deal allows the company to focus even more on core, high-value downstream operations. The proceeds from this transaction will go toward Dow's capital allocation goals, which include advancing growth initiatives and creating long-term shareholder value.Arkema will acquire five manufacturing fac ...
3 Stocks That Pay You to Own Them: Spring 2024 Edition
InvestorPlace· 2024-05-06 16:46
One-third of your wealth should be in securities, one-third should be in real estate, and one-third should be in jewelry and art. So went an investment maxim of the Rothschild family, “arguably the most successful (in a financial sense) in history.”Securities, especially stocks, are the best, both from the buy side and the sell side. Buying securities online in my Bank of America account would be commission-free. I just listed my house for sale at a 5% commission. For commercial real estate, it can be 10%.  ...
Bullish Trendline Could Push Dow Stock Higher
Schaeffers Research· 2024-05-02 16:33
Core Insights - Dow Inc's stock is currently down 1.4% at $56.45 after facing resistance at the $58 level, following a pullback from its 52-week high of $60.69 on April 4 [1] - The stock has shown a 15.8% increase over the past six months, indicating a potential buying opportunity as it approaches a historically bullish trendline [1] - The recent dip has brought the stock close to its 100-day moving average, with historical data suggesting that similar instances have led to an average gain of 6% within a month [1] Options Activity - Options traders are increasingly bullish, with a 10-day call/put volume ratio of 5.55 at major exchanges, indicating that bullish bets have gained popularity over the past two weeks [2]
Henkel, Kraton and Dow Jointly Drive Sustainability in North American Consumer Goods Industry
Prnewswire· 2024-04-30 13:00
Industry Leaders Work Together to Reduce Emissions in Adhesive Products  BRIDGEWATER, N.J., April 30, 2024 /PRNewswire/ -- Henkel Adhesive Technologies, Kraton Corporation, and Dow Inc. have achieved a reduction in product carbon footprint for two of Henkel's North American flagship products for end-of-line packaging: TECHNOMELT® SUPRA 100 and TECHNOMELT® SUPRA 106M. Today, Henkel Adhesives Technologies, Kraton Corporation and Dow Inc. announced that TECHNOMELT® SUPRA 100 LE and TECHNOMELT® SUPRA 106M LE ...