Dow Inc Stock Price, News & Analysis

Dow (NYSE:DOW) has advanced to the #3 position on Fair360’s 2024 Top 50 Companies list.

This marks the seventh consecutive year Dow has been on the list and the second year in the top 10.

The list, formerly known as DiversityInc Top 50 Companies, evaluates companies on leadership accountability, human capital diversity, talent programs, workplace practices, supplier diversity, and philanthropy.

Dow also ranked on 12 specialty lists, including #1 for Executive Fairness Councils and #5 for ESG and Philanthropy.

This recognition aligns with other recent accolades such as being named a Great Place to Work® and inclusion in Fortune's 100 Best Companies to Work For®.

Jim Fitterling, Dow's CEO, emphasized the importance of equity and inclusion for innovation and business success.

Dow (NYSE:DOW) has set a record for the most Edison Awards ever received by an organization in a single year, winning twelve awards in 2024. This marks the third consecutive year Dow has achieved this feat and the seventh consecutive year it has received more awards than any other organization. The awards include three golds, five silvers, and four bronzes. Recognized innovations range from advanced materials to AI-driven initiatives, all emphasizing sustainability and performance improvements. Notable projects include the INVISU™ 7007 Water-Borne Label Adhesive and Predictive Intelligence (PI) platform.

Dow's All IN ERG Fund is promoting sustainability and addressing gender inequities in Kenya through a partnership with Fikia Dada, a rescue center for women and young girls. Fikia Dada provides housing and support for victims of forced marriages, gender-based violence, and other challenges. The fund has enabled the creation of a demonstration farm where residents learn sustainable farming techniques, aiding food security and financial independence. Additionally, upgrades to the facility and health insurance access have been supported. The introduction of black soldier fly larvae has furthered sustainable agriculture practices.

On May 20, 2024, Dow (NYSE:DOW), Henkel Adhesive Technologies, and Kraton announced significant strides in reducing the carbon footprint of two of Henkel's North American packaging products: TECHNOMELT® SUPRA 100 LE and TECHNOMELT® SUPRA 106M LE. The biobased formulations, developed using Kraton's SYLVALITE™ 2200 tackifiers and Dow's AFFINITY™ GA polyolefin elastomers, cut cradle-to-gate emissions by 25% while maintaining performance and food safety standards.

This initiative aligns with growing consumer demand for sustainable packaging and Henkel’s commitment to emission reduction and circularity. Despite the premium typically associated with sustainable products, these new formulations will incur no additional costs for existing customers. The collaborative efforts underscore the companies' shared commitment to driving environmental innovation in the consumer goods sector.

Dow (NYSE: DOW) has announced a capacity expansion through its minority equity investment in SAS Chemicals GmbH, a German specialty chemical producer. This expansion aims to enhance Dow's portfolio of organic, hybrid, and silicone sealants for insulating glass manufacturing. Dow's silicone insulating glass sealants are used in commercial structural glazing applications and are known for superior UV resistance and structural capabilities. With the expansion, Dow aims to offer a comprehensive range of high-performance adhesives and sealants to manufacturers, reinforcing its position in the global façades industry. The expansion will also see SAS Chemicals boosting operations in Germany and starting up production in Turkey by June 2024.

Dow India has signed an agreement with Glass Wall Systems to supply carbon-neutral silicone sealants for building façades. This partnership aims to reduce the embodied carbon in building materials, aligning with global decarbonization standards. The sealants, part of Dow's Decarbia™ portfolio, are verified through the PAS 2060 Standard. The initiative utilizes low-carbon feedstocks, renewable energy, and emission compensation to achieve carbon neutrality. The agreement supports green-building design initiatives and enhances sustainability within the construction industry.

Dow, the State of Wyoming, and the University of Wyoming have partnered for the Wyoming Gas Injection Initiative (WGII) to enhance oil recovery in Wyoming. This collaboration involves advanced oil recovery methods like foam-assisted gas injection using recovered hydrocarbon gases and carbon dioxide. The project aims to extend the life of oil fields and mitigate greenhouse gas emissions. Wyoming will provide $25 million in matching funds through the University of Wyoming, and private operators such as Ballard Petroleum, Devon Energy, and Occidental will contribute an additional $25 million. Dow will support field implementation and research activities by supplying tailored conformance control agents and leveraging its ELEVATE™ additives to increase oil production and extend the economic life of oil assets.

Dow (NYSE: DOW) has announced the completion of its new VORATRON™ Polyurethanes Systems adhesive and gap filler production line at its Polyurethanes Systems House in Ahlen, Germany. This new line will increase production capacity tenfold, meeting the rising demand for battery assembly solutions in the e-mobility sector. The VORATRON™ products, which include high-strength adhesives and thermally conductive composites, are pivotal for electric vehicle battery designs, supporting lightweight, efficient assembly processes and effective thermal management. The facility is powered by 100% renewable energy, aligning with Dow’s sustainability goals. According to Dr. Esther Quintanilla, Dow’s Global MobilityScience™ Marketing Director, this investment is poised to capture the growing market for electric vehicles, which are expected to constitute over 25% of new passenger car sales by 2030.

Dow (NYSE: DOW) has announced the start-up of its expanded propylene glycol (PG) capacity at its Map Ta Phut manufacturing facility in Rayong, Thailand. The investment increases capacity by 80,000 tons per year, bringing the total annual output to 250,000 tons, making it the largest PG facility in the Asia Pacific region. This expansion aims to support growth in the personal care, pharmaceutical, food, and flavor & fragrance markets. The site’s back-integration ensures cost-competitive and reliable supply of key raw materials such as propylene oxide (PO). Dow is committed to sustainable PG production through the use of lower carbon energy sources and bio-circular feedstocks, with plans to secure ISCC PLUS certification for the facility by the end of 2024.