Dow Inc. - $DOW STOCK NEWS

Dow has launched two new sustainable varieties of propylene glycol (PG) solutions in North America, featuring bio-circular and circular feedstocks. These technologies enable a wide range of applications in industries like personal care, cosmetics, pharmaceuticals, food ingredients, and more. The mass balance approach used in manufacturing has received ISCC PLUS certification, marking a milestone for Dow's sustainability efforts.

The press release discusses the pace of innovation in the Asia-Pacific region regarding plastic waste, with a focus on China. It explores new policies and solutions led by industry experts from Eco-Business, Bain & Company, and Dow. The episode highlights challenges, investments in policies, recycling capacities, patent-filing rates, and consumer awareness in the region.

Dow announced the sale of its flexible packaging laminating adhesives business to Arkema, aligning with its strategy to focus on core businesses. The proceeds will support growth strategies and create long-term shareholder value.

Dow and Procter & Gamble have announced a joint development agreement to create a new recycling technology targeting hard-to-recycle plastic waste. The partnership aims to recover polyethylene from such waste for reuse in consumer packaging, with a focus on low greenhouse gas emissions. Both companies bring expertise in materials science and manufacturing to the table, and the technology is expected to deliver high-quality recycled polymer with reduced emissions compared to fossil-based polyethylene.

Henkel, Kraton, and Dow have collaborated to reduce emissions in adhesive products in the North American consumer goods industry. By using biobased alternatives, they achieved a 25% reduction in carbon footprint for two flagship products. This joint effort aims to meet consumer demand for sustainable packaging while maintaining product performance and safety standards. The partnership enables existing customers to access these sustainable solutions at no additional cost.

Design Thinking Plastics Part 2 explores how design can revolutionize the sustainability of plastics with insights from industry experts. Discussions focus on the significant impact of design on product emissions and climate goals, showcasing how businesses are integrating design thinking into their strategies.

Dow reported its first quarter 2024 financial results with GAAP earnings per share at $0.73 and operating earnings per share at $0.56. Net sales were $10.8 billion, down 9% from the year-ago period. Volume increased 1% year-over-year, with gains in most regions. Equity earnings improved by $65 million compared to the previous year. Cash provided by operating activities was $460 million, returns to shareholders totaled $693 million. Segment highlights show declines in Packaging & Specialty Plastics, improvements in Industrial Intermediates & Infrastructure, and mixed results in Performance Materials & Coatings.

Dow and Beyond Benign have announced an expanded collaboration to advance green chemistry education. Dow, a global leader in materials science, and Beyond Benign, a nonprofit organization, will work together to empower educators with tools and resources to incorporate green chemistry into higher education curricula. The collaboration includes expanding the Green Chemistry Commitment program, designing on-demand professional training in Green Chemistry, awarding universities for their efforts in Green Chemistry education, and providing Dow employees with volunteer opportunities in Green Chemistry initiatives. This collaboration aims to increase the adoption of green chemistry principles in academic institutions worldwide.

Recycling and Beyond Part 1 delves into the challenges of waste management in countries dealing with plastic waste, featuring insights from experts at the United Nations Environment Program and ChildFund International. The episode explores the impact, challenges, and solutions for communities in Africa affected by plastic waste.