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 (NYSE: DOW) and X-energy have entered a collaborative agreement to advance carbon emissions reduction by deploying X-energy's Xe-100 small modular nuclear technology at a Dow facility in the U.S. Gulf Coast by 2030. Dow will take a minority equity stake in X-energy, marking the first initiative by a major manufacturer to invest in small modular nuclear technology. This project aims to deliver cost-effective, carbon-free process heat and power, supporting Dow's target of a 30% reduction in scope 1 and 2 emissions by 2030, as part of its broader goal to achieve carbon neutrality by 2050.
Dow and Al-Hejailan Group have signed a Memorandum of Understanding to establish a joint venture for a methyl diethanolamine (MDEA) plant in Jubail, Saudi Arabia, aimed at addressing rising natural gas purification demand in the Middle East. The joint venture will be led by Al-Hejailan, with Dow holding a 25% stake. Construction is slated for 2024, with production expected by 2025. Additionally, Dow plans to build a facility to enhance MDEA-based products and fuel markers, reinforcing its commitment to energy transition solutions.
Dow and Mura Technology have partnered to build multiple advanced recycling facilities in the U.S. and Europe, aiming to add 600 kilotons of recycling capacity by 2030. This partnership enhances Dow's commitment to sustainability by converting plastic waste into circular feedstock, supporting global brands with recycled materials. The first plant in Teesside, U.K., is on track to be operational in 2023. The collaboration is part of Dow's broader strategy to accelerate a circular economy for plastics while significantly contributing to waste reduction efforts.
Dow reported second quarter 2022 GAAP earnings per share (EPS) of $2.26, down from $2.72 a year ago. Net sales reached $15.7 billion, a 13% increase year-over-year, driven by local price gains of 16%. Operating EBIT was $2.4 billion, down $453 million from the previous year, mainly due to higher raw material and energy costs. Equity earnings dropped to $195 million, impacted by lockdowns in China. The company returned $1.3 billion to shareholders through share repurchases and dividends, continuing its strategy to enhance shareholder value amidst challenging market conditions.
Dow has been honored as one of the 50 most community-minded companies in the U.S. for the second consecutive year by Points of Light. This recognition underscores Dow's commitment to corporate citizenship, with criteria focusing on resource investment, integration across functions, and impact measurement. Celebrating its 125th anniversary, Dow emphasizes the importance of engaging with communities and fostering sustainable practices. Their global citizenship strategy aligns closely with their Environmental, Social, and Governance (ESG) goals, demonstrating a strong focus on impactful community engagement.
The Dow Chemical Company, a subsidiary of Dow Inc. (NYSE: DOW), has announced a full redemption of its outstanding 3.625% Notes due May 2026, totaling $750 million. The redemption will occur on June 28, 2022, at a price that will be the greater of 100% of the principal or the present value of future payments discounted at the Treasury Rate plus 25 basis points. This move allows Dow to manage its debt effectively, ensuring that the rights of noteholders will terminate upon payment. More details can be obtained from The Bank of New York Mellon Trust Company.
On June 2, 2022, Jim Fitterling, CEO of Dow (NYSE: DOW), will engage in a fireside chat at the Bernstein 38th Annual Strategic Decisions Conference at 8:00 a.m. ET. Investors can join the live webcast via the company's website. A replay will be available post-event. Dow reported approximately $55 billion in sales for 2021 and aims for global leadership in sustainable materials science.
Dow (NYSE: DOW) has announced that four of its leaders have been recognized on the 2022 Empower Role Model lists, which highlight influential figures promoting workplace inclusivity for people of color. The recognized leaders include CEO Jim Fitterling, President Mauro Gregorio, Chief HR Officer Karen S. Carter, and Global Employee Experience Leader Shruti Bahadur. Dow's commitment to inclusion, diversity, and equity is embodied in its ALL IN 2025 strategy, aiming to create a more equitable workforce. This recognition underscores Dow's efforts toward fostering a diverse and inclusive corporate culture.
Dow (NYSE: DOW) announced expansion of its global alkoxylation capacity in the U.S. and Europe to meet increasing demand across high-growth sectors delivering 10%-15% annual growth rates. This expansion builds on previous capacity increases, resulting in a total growth of 70% since 2020. The new projects, expected to come online in 2024 and 2025, will maintain carbon emissions levels through efficient technology. Dow aims to generate over $150 million in EBITDA by 2025, with returns exceeding 20%.
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