Dow Inc Stock Price, News & Analysis

April 5, 2023 - DOW and Rivers are Life have launched a collaborative initiative titled 'Voices of Water.' This project highlights the stories of individuals working to combat pollution in rivers and emphasizes the significance of maintaining healthy waterways for both ecosystems and climate stability.

The joint effort seeks to inspire global action, aiming to support 1,000 projects focused on preserving and restoring river ecosystems. By raising awareness about river plastic pollution, DOW and Rivers are Life are committed to addressing the issue at its source.

DOW has joined forces with the UN and other companies on World Water Day to support the UN Sustainable Development Goals, particularly focusing on Clean Water and Sanitation. This initiative coincides with the UN 2023 Water Conference, aimed at addressing water issues intensified by climate change. The Water Resilience Coalition, led by CEOs, aims to impact over 100 water-stressed basins by 2030. Dow emphasizes the importance of healthy communities for resilient businesses and commits to sharing insights and collaborating to sustainably manage freshwater resources.

DOW emphasizes the critical need for sustainable water management as fresh water supply challenges grow. In a discussion with Carrie Houtman, global sustainability director, DOW is focusing on four areas of influence: operations, product offerings, supply chain, and watershed health. The company aims to enhance operational continuity while addressing the trade-offs between carbon management and water consumption. Key initiatives include managing water resources at six crucial sites, innovating in food packaging to reduce water usage, and collaborating with suppliers. DOW encourages collective responsibility for water stewardship as part of broader environmental goals.

DOW recently announced the launch of EVOWASH™, an innovative washing technology designed to enhance the quality of mechanically recycled plastics. This new solution addresses key challenges in plastic recycling, such as contaminant removal and foam management, improving the production of high-quality post-consumer-recycled (PCR) plastic resins. EVOWASH™ offers significant benefits including:

• Twice the adhesive removal efficiency.
• Enhanced optical quality of recycled plastics.
• Three times less foam dosage, promoting cost efficiency.
• Effective odor control.

Ultimately, this technology supports a circular economy for plastics and promotes the transformation of the recycling process.

DOW emphasizes the role of digital transformation in enhancing the B2B customer experience. In a discussion with Dan Futter, DOW's Chief Commercial Officer, and Mehdi Miremadi from McKinsey, they highlight the ongoing transformation in the industry over the past decade. Miremadi notes that successful digital integration requires a nuanced understanding of operations, supply chains, and commercial processes. Futter stresses the importance of improving customer journeys by simplifying product discovery and purchase experiences. This evolution aims to create a more enjoyable and efficient experience for customers.

DOW emphasizes the importance of diversity in STEM fields in its latest initiative highlighting International Day of Women and Girls in Science.

With less than 30% of researchers being women, the company stresses the need for greater inclusivity. Influencer Chemical Kim uses her platform to inspire future generations, boasting over 1.4 million TikTok followers.

Jill Martin, Dow's Global Sustainability Fellow, champions sustainability education and recognizes the potential of diverse voices in solving global challenges. Dow's investments in advanced recycling aim to create a zero-waste economy while engaging women and girls in science.

Dow Inc. (NYSE: DOW) will participate in a fireside chat at the J.P. Morgan 2023 Industrials Conference on March 14, 2023, at 8:50 a.m. ET. CEO Jim Fitterling will lead this discussion, highlighting Dow's commitment to innovation and sustainability. Investors can join the live audio webcast on Dow's website, with a replay available post-event. In 2022, Dow reported sales of approximately $57 billion and operates in 31 countries.

DOW is enhancing its Environment, Health, Safety and Sustainability (EHS&S) initiatives through innovative digital solutions at its Zhangjiagang Site in China. The EHS&S Innovation Center aims to improve safety training by incorporating real-life simulations via Virtual Reality (VR) technology. This center also features cutting-edge tools such as drones and monitoring screens that track environmental impacts. Emphasizing sustainability, the facility’s flooring is made from recycled materials. These advancements reflect DOW's commitment to improving safety and sustainability while preparing for future challenges in these areas.