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. reports news on its global materials science business, which supplies chemicals and materials for packaging, infrastructure, mobility and consumer applications. Company updates commonly focus on segment demand, local pricing, volumes, polyethylene and olefins markets, and operating conditions across Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, Performance Materials & Coatings, and related construction-chemicals businesses.
Recurring announcements also cover quarterly results, dividend declarations, annual stockholder meeting outcomes, board and executive succession, manufacturing and asset actions, and company-wide productivity or cost-structure programs. Dow news often ties these developments to its integrated asset footprint, customer applications and global supply chain conditions.
WM has announced the acquisition of a controlling interest in Avangard Innovative's U.S. business, establishing Natura PCR. This new venture aims to produce 400 million pounds of post-consumer resin (PCR) annually within five years. The initiative focuses on recycling flexible plastics, responding to increasing demand for sustainable packaging. The transaction is expected to close in late 2022, pending regulatory approvals. WM and Dow are collaborating on this project, emphasizing their commitment to enhance recycling rates and provide circular solutions for plastic waste.
Dow Inc. (NYSE: DOW) will be represented by Howard Ungerleider, the President and CFO, in a fireside chat at the Credit Suisse 35th Annual Specialties & Basics Conference on September 14 at 2:00 p.m. ET. Investors can participate via a live webcast available on Dow's website. Presentation materials will be accessible on the morning of the event, with a replay and transcript available afterward for approximately 12 months. Dow aims to lead in sustainable materials science.
Dow leaders have been honored on the 2022 HERoes Women Role Model lists, recognizing their efforts in promoting gender diversity and equity in business. Four executives, including Jane Palmieri and Howard Ungerleider, have demonstrated leadership in fostering inclusive workplaces. Dow's global strategy promotes diversity, enhancing business success and employee engagement.
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Dow (NYSE: DOW) has declared a quarterly dividend of 70 cents per share, payable on September 9, 2022, to shareholders of record by August 31, 2022. This marks the 444th consecutive dividend paid by the company or its affiliates since its establishment in 1912. Dow aims to lead in sustainable materials science, with reported sales of approximately $55 billion in 2021, and operates 104 manufacturing sites across 31 countries.
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.