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.
Dow Inc. (NYSE: DOW) has signed an agreement to acquire a minority stake in the Hanseatic Energy Hub GmbH (HEH), which aims to build a zero-carbon liquefied natural gas (LNG) import terminal in Stade, Germany, by 2026. This terminal is projected to fulfill up to 15% of Germany's natural gas demand, contributing nearly 25% to the U.S.'s goal of exporting 50 billion cubic meters of natural gas annually to Europe by 2030. Dow will provide land and infrastructure for the project, which supports European energy security amidst increasing reliance on natural gas.
The European Commission has chosen Dow's ACCUTRACE™ Plus Fuel Marker as the new common fiscal marker for tax-rebated fuels in the EU. This initiative aims to tackle fuel fraud, which costs EU governments an estimated €7 to €10 billion annually. The new marker shows enhanced resilience against illegal removal techniques compared to previous technologies, following rigorous assessments by the Joint Research Centre and SCHEER. A 24-month transition period has been established for both markers to coexist, ensuring a smooth switch for the industry.
Dow Inc. (NYSE: DOW) announces that Howard Ungerleider, President and CFO, will speak at the J.P. Morgan 2022 Industrials Conference on March 17, 2022, at 11:20 a.m. ET. Investors can join a live webcast on Dow's website. A replay and transcript will be available post-event. Dow is committed to becoming a leader in sustainable materials science, with approximately $55 billion in sales in 2021 and operating 104 manufacturing sites across 31 countries.
Reynolds Consumer Products and Dow have launched a collaboration with ByFusion to convert hard-to-recycle plastics collected from the Hefty® EnergyBag® program into ByBlocks, innovative construction-grade materials. This pilot project, based in the Greater Boise area, aims to divert up to 72 tons of plastic waste from landfills. The initial application, a park bench in Manitou Park, showcases the environmental benefits of this initiative. ByFusion's process requires no sorting or chemicals, promoting sustainability and community engagement in addressing plastic waste.
Dow (NYSE: DOW) has declared a quarterly dividend of 70 cents per share, payable on March 11, 2022, to shareholders of record by February 28, 2022. This announcement marks the 442nd consecutive dividend paid by the company since 1912, reflecting its ongoing commitment to returning value to shareholders. Dow's robust business structure emphasizes innovation and sustainability in the materials science sector, with a reported $55 billion in sales in 2021.
On February 10, 2022, Dow (NYSE: DOW) announced the nomination of Jerri DeVard, former executive VP at Office Depot, to its Board of Directors for election during the Annual Meeting on April 14. DeVard, with over 30 years of experience, brings expertise in marketing, e-commerce, and governance. Her nomination aligns with Dow's strategy for board refreshment, enhancing diversity and relevant skills. The board already ranks in the top quartile for ethnic diversity among peers. Other incumbent directors will also be nominated for re-election.
Newmark Global Corporate Services has renewed a long-term contract with Dow, supporting its operations in over 150 buildings across 28 countries. This multi-service agreement includes facilities management, transaction management, and strategic consulting. Newmark's operational excellence, particularly in environmental health and safety, played a crucial role in this renewal. The partnership emphasizes high-performance operations and aims to enhance Dow's corporate real estate strategy, reflecting Newmark's commitment to superior client solutions.
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