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.
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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Dow (NYSE: DOW) reported a strong fourth quarter with GAAP earnings per share of $2.32 and operating EPS of $2.15, marking a significant increase from $0.81 year-over-year. Net sales rose 34% to $14.4 billion. However, sequentially, sales declined by 3% due to supply constraints. Equity earnings reached $224 million, while cash flow from operations was $2.6 billion. The company returned $912 million to shareholders via dividends and share repurchases. CEO Jim Fitterling emphasized a focus on sustainability and growth amidst ongoing supply chain challenges.
New Hope Energy has signed a multi-year offtake agreement with Dow (NYSE: DOW) to supply pyrolysis oil feedstock from recycled plastics in North America. This partnership aims to enhance Dow's capacity for circular plastics and showcases New Hope's innovative circular technology. The feedstock will be produced at New Hope's Trinity Oaks facility in Tyler, Texas, which is currently undergoing expansion, with completion expected in late 2022. This collaboration emphasizes the importance of sustainable practices in plastic waste management.
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Dow Inc. will participate in the Citi 2021 Global Basic Materials Virtual Conference on December 1 at 8:00 a.m. EST. Howard Ungerleider, president and CFO, will lead a fireside chat discussing the company’s strategy and goals.
Investors can join the event via Dow's website, with a replay and transcript available within 48 hours post-event. Dow aims to be a leading materials science company, focusing on sustainability and innovation.
Dow has partnered with Meijer to develop a sustainable paving technique that utilizes approximately 12,500 pounds of recycled plastic bags, equating to 944,000 plastic grocery bags, for a new parking lot at Meijer’s Holland, Mich. supercenter. This pilot project aims to enhance durability using recycled polymer modified asphalt (RPMA) technology. This initiative demonstrates Dow’s commitment to sustainability, aiming to collect and recycle 1 million metric tons of plastic by 2030.
Covia has announced the appointment of Duncan Stuart as Executive Vice President, Chief Legal Officer & Secretary, effective immediately. Mr. Stuart brings 28 years of senior legal experience from The Dow Chemical Company, where he held roles including Deputy General Counsel. His diverse background spans Mergers & Acquisitions, Corporate Transactions, and Intellectual Property. Chairman Shawn Williams expressed confidence in Mr. Stuart's potential contributions to Covia's leadership and strategy.