''The American Lawyer'' is a monthly legal magazine and website published by ALM Media. The periodical and its parent company, ALM (then American Lawyer Media), were founded in 1979 by Steven Brill.[Keating, Gina. ]
"Judge throws out Dole "bananeros" cases, citing fraud"
– ''Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
''. – April 24, 2009.
Tax evasion
In February 2013 a federal court rejected two tax shelter transactions entered into by Dow that created approximately $1 billion in tax deductions between 1993 and 2003. In the stated opinion, the Court termed the transactions "schemes that were designed to exploit perceived weaknesses in the tax code and not designed for legitimate business reasons". The schemes were created by Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...
and the law firm of King & Spalding
King & Spalding LLP is an American international corporate law firm that is headquartered in Atlanta, Georgia and with offices located in North America, Europe, the Middle East and Asia. It has over 1,200 lawyers in 23 offices globally. It is Am ...
, and involved creating a partnership that Dow operated out of its European headquarters in Switzerland. Dow stated that it had paid all tax assessments with interest. The case was a lawsuit against the Internal Revenue Service seeking a refund of the taxes paid. The case was appealed to the 5th Circuit court, where Dow's claims were again rejected. Dow has petitioned for an en banc hearing by the 5th Circuit, arguing that the decision was contrary to established case law.
Price fixing
Dow Chemical was implicated in a price-fixing scheme that inflated the cost of polyurethane
Polyurethane (; often abbreviated PUR and PU) refers to a class of polymers composed of organic chemistry, organic units joined by carbamate (urethane) links. In contrast to other common polymers such as polyethylene and polystyrene, polyurethan ...
for customers. The U.S. Justice Department closed an investigation in 2007, but a class-action lawsuit won at a jury trial in 2013. Dow settled the suit in 2016 for $835 million.
Recent mergers, acquisitions and reorganization
1990s – transition from geographic alignment to global business units
In the early 1990s, Dow embarked on a major structural reorganization. The former reporting hierarchy was geographically based, with the regional president reporting directly to the overall company president and CEO. The new organization combines the same businesses from different sites, irrespective of which region they belong (i.e. the vice president for Polystyrene is now in charge of these plants all over the world).
Union Carbide merger
At the beginning of August 1999, Dow agreed to purchase Union Carbide Corp. (UCC) for $9.3 billion in stock. At the time, the combined company was the second largest chemical company, behind DuPont. This led to protests from some stockholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner ...
s, who feared that Dow did not disclose potential liabilities related to the Bhopal disaster.
William S. Stavropoulos
William Spyros Stavropoulos (born 12 May 1939) is a Greek-American businessman and philanthropist. He is the past CEO and Chairman of The Dow Chemical Company, and the current CEO and Chairman of the Michigan Baseball Foundation.
Early life an ...
served as president and chief executive officer of Dow from 1995 to 2000, then again from 2002 to 2004. He relinquished his board seat on April 1, 2006, having been a director since 1990 and chairman since 2000. During his first tenure, he led the purchase of UCC which proved controversial, as it was blamed for poor results under his successor as CEO Mike Parker. Parker was dismissed and Stavropoulos returned from retirement to lead Dow.
2006–2008 restructuring
On August 31, 2006, Dow announced that it planned to close facilities at five locations:
*Sarnia, Ontario
Sarnia is a city in Lambton County, Ontario, Canada. It had a 2021 population of 72,047, and is the largest city on Lake Huron. Sarnia is located on the eastern bank of the junction between the Upper and Lower Great Lakes where Lake Huron flo ...
was Dow's first manufacturing site in Canada, located in the Chemical Valley area alongside other petrochemical companies. In 1942, the Canadian government invited Dow to build a plant there to produce styrene (an essential raw material used to make synthetic rubber
A synthetic rubber is an artificial elastomer. They are polymers synthesized from petroleum byproducts. About 32-million metric tons of rubbers are produced annually in the United States, and of that amount two thirds are synthetic. Synthetic rubbe ...
for World War II). Dow then built a polystyrene plant in 1947. In August 1985, the site accidentally discharged 11,000 litres of perchloroethylene (a carcinogenic dry cleaning chemical) into the St. Clair River
The St. Clair River (french: Rivière Sainte-Claire) is a U.S. Geological Survey. National Hydrography Dataset high-resolution flowline dataThe National Map accessed November 7, 2011 river in central North America which flows from Lake Huron int ...
, which gained infamy in the media as "The Blob", and Dow Canada was charged by the Ministry of the Environment. Up to the early 1990s, Dow Canada's headquarters was located at the Modeland Centre, and a new three-story complex called the River Centre was opened up on the Sarnia site in 1993 to house Research and Development. Since then, several plants (Dow terminology for a production unit) on the site have been dismantled, particularly the Basic Chemicals including Chlor Alkali unit whose closure was announced in 1991 and carried out in 1994 which affected nearly half of the site's employees. The Dow Canada headquarters were moved to Calgary, Alberta
Calgary ( ) is the largest city in the western provinces and territories of Canada, Canadian province of Alberta and the largest metro area of the three Canadian Prairies, Prairie Provinces. As of 2021, the city proper had a population of 1,30 ...
in 1996, and the Modeland Centre was sold to Lambton County
Lambton County is a county in Southwestern Ontario, Canada. It is bordered on the north by Lake Huron, which is drained by the St. Clair River, the county's western border and part of the Canada-United States border. To the south is Lake Saint Cla ...
and the City of Sarnia with Dow leasing some office space. The Dow Fitness Centre was donated to the YMCA
YMCA, sometimes regionally called the Y, is a worldwide youth organization based in Geneva, Switzerland, with more than 64 million beneficiaries in 120 countries. It was founded on 6 June 1844 by George Williams in London, originally ...
of Sarnia-Lambton in 2003. The Sarnia Site's workforce declined from a peak of 1600 personnel in the early 1990s to about 400 by 2002. In the late 1990s, land on the site was sold to TransAlta
TransAlta Corporation (formerly Calgary Power Company, Ltd.) is an electricity power generator and wholesale marketing company headquartered in Calgary, Alberta, Canada. It is a privately owned corporation and its shares are traded publicly. It o ...
which built a natural gas power plant that begun operations in 2002 to supply electricity to the remaining Sarnia site plants and facilities, so that Dow could close its older less efficient steam plant (originally coal fired and later burning natural gas). On August 31, 2006, Dow announced that the entire Sarnia site would cease operations at the end of 2008. The Sarnia site had been supplied with ethylene through a pipeline from western Canada
Western Canada, also referred to as the Western provinces, Canadian West or the Western provinces of Canada, and commonly known within Canada as the West, is a Canadian region that includes the four western provinces just north of the Canada ...
but BP officials warned Dow that shipments from the pipeline had to be suspended for safety reasons, and the loss of an affordable supply for the low density polyethylene plant rendered all the other operations at the site non-competitive. The Low-Density Polyethylene and Polystyrene units closed in 2006, followed by the Latex Unit in 2008, and finally the Propylene Oxide Derivatives Unit in April 2009. Dow afterward focused its efforts on the environmental remediation of the vacant site, which was sold to TransAlta. The former site has since been renamed the Bluewater Energy Park, with the River Centre remaining available for lease.
*One plant at its site in Barry (South Wales), a triple string STR styrene polymer
A polymer (; Greek '' poly-'', "many" + ''-mer'', "part")
is a substance or material consisting of very large molecules called macromolecules, composed of many repeating subunits. Due to their broad spectrum of properties, both synthetic a ...
production unit. Integral in the company's development of the super high melt foam specific polymers & Styron A-Tech high gloss, high impact polymers.
*One plant at its site in Porto Marghera
Marghera is a ''municipalità'' (borough) of the ''comune'' of Venice, Italy. It includes the industrial area known as Porto Marghera (English: Marghera Port) or Venezia Porto Marghera.
Etymology
The name Marghera is said in popular myth to come ...
(Venice), Italy.
*Two plants at its site in Fort Saskatchewan
Fort Saskatchewan is a city along the North Saskatchewan River in Alberta, Canada. It is northeast of Edmonton, the provincial capital. It is part of the Edmonton census metropolitan area and one of 24 municipalities that constitute the Edmont ...
, Alberta, Canada.
On November 2, 2006, Dow and Izolan, the leading Russian producer of polyurethane systems, formed the joint venture Dow-Izolan and built a manufacturing facility in the city of Vladimir
Vladimir may refer to:
Names
* Vladimir (name) for the Bulgarian, Croatian, Czech, Macedonian, Romanian, Russian, Serbian, Slovak and Slovenian spellings of a Slavic name
* Uladzimir for the Belarusian version of the name
* Volodymyr for the Ukr ...
. Also in 2006, Dow formed the Business Process Service Center (BPSC).
In December 2007, Dow announced a series of moves to revamp the company. A December 4 announcement revealed that Dow planned to exit the automotive sealers business in 2008 or 2009. Within several weeks, Dow also announced the formation of a joint venture, later named K-Dow, with Petrochemical Industries Co. (PIC), a subsidiary of Kuwait Petroleum Corporation
Kuwait Petroleum Corporation ( ar, مؤسسة البترول الكويتية) is Kuwait's national oil company, headquartered in Kuwait City.
The activities of Kuwait Petroleum Corporation (KPC) are focused on petroleum exploration, produc ...
. In exchange for $9.5 billion, the agreement included Dow selling 50-percent of its interest in five global businesses: polyethylene, polypropylene and polycarbonate plastics, and ethylenamines and ethanolamine
Ethanolamine (2-aminoethanol, monoethanolamine, ETA, or MEA) is an organic chemical compound with the formula or . The molecule is bifunctional, containing both a primary amine and a primary alcohol. Ethanolamine is a colorless, viscous liquid wit ...
s. The agreement was terminated by PIC on December 28, 2008.
=Rohm & Haas Co. purchase
=
On July 10, 2008, Dow agreed to purchase
Purchasing is the process a business or organization uses to acquire goods or services to accomplish its goals. Although there are several organizations that attempt to set standards in the purchasing process, processes can vary greatly between ...
all of the common equity interest of Rohm and Haas
Rohm and Haas Company is a manufacturer of specialty chemicals for end use markets such as building and construction, electronic devices, packaging, household and personal care products. Headquartered in Philadelphia, the company is organized i ...
Co. for $15.4 billion, which equated to $78 per share. The buyout was financed with equity investments of $3 billion by Berkshire Hathaway Inc.
Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums ...
and $1 billion by the Kuwait Investment Authority
The Kuwait Investment Authority (KIA) is Kuwait's sovereign wealth fund, managing the state’s reserve and the state’s future generation fund (FGF).
Founded in 1953, the KIA is the world's oldest sovereign wealth fund. As of April 2022, it ...
. The purpose of the deal was to move Dow Chemical further into specialty chemicals
Speciality chemicals (also called specialties or effect chemicals) are particular chemical products which provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, agr ...
, which offer higher profit margins than the commodities
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.
The price of a comm ...
market and are more difficult to enter for the competition. The purchase was criticized by many on Wall Street
Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for t ...
who believed Dow Chemical overpaid (about a 75 percent premium on the previous day's market capital) to acquire the company; however, the high bid was needed to ward off competing bids from BASF. The transaction to purchase the outstanding interest of Rohm and Haas was closed on April 1, 2009.
=Accelerated implementation
=
On December 8, 2008, Dow announced that due to the Financial crisis of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...
, it would accelerate job cuts resulting from its reorganization. The announced plan included closing 20 facilities, temporarily idling 180 plants, and eliminating 5,000 full-time jobs (about 11 percent of its work-force) and 6,000 contractor positions.
=Strategy interruption
=
Citing the global recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various ...
that began in the latter half of 2008, the Kuwaiti government scuttled the K-Dow partnership on December 28, 2008. The collapse of the deal dealt a blow to Dow CEO Andrew Liveris
Andrew N. Liveris (born 5 May 1954) is an Australian former CEO and chairman of The Dow Chemical Company of Midland, Michigan. Liveris has been a member of Dow's board of directors since February 2004, CEO since November 2004 and was elected as ...
' vision of restructuring the company to make it less cyclical. However, on January 6, 2009 Dow Chemical announced they were in talks with other parties who could be interested in a major joint venture with the company. Dow also announced they that it would be seeking to recover damages related to the failed joint venture from PIC.
After the K-Dow deal collapsed, some speculated that the company would not complete the Rohm & Haas transaction, as the cash from the former transaction was expected to fund the latter. The deal was expected to be finalized in early 2009 and was to form one of the nation's largest specialty chemicals firms in the U.S. However, on January 26, 2009 the company informed Rohm and Haas that it would be unable to complete the transaction by the agreed upon deadline. Dow cited a deteriorated credit market
The bond market (also debt market or credit market) is a financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market. This is usually in the form of bonds, bu ...
and the collapse of the K-Dow Petrochemical deal as reasons for failing to timely close the merger. Around the same time, CEO Andrew Liveris said a first- time cut to the company's 97- year- old dividend policy Dividend policy is concerned with financial policies regarding paying cash dividend in the present or paying an increased dividend at a later stage. Whether to issue dividends, and what amount, is determined mainly on the basis of the company's una ...
was not "off the table". On February 12, 2009, the company declared a quarterly dividend of $0.15/share, down from $0.42 the previous quarter. The cut represented the first time the company had diminished its investor payout in the dividend's 97-year history.
The transaction to purchase the outstanding interest of Rohm and Haas closed on April 1, 2009. After negotiating the sale of preferred stock
Preferred stock (also called preferred shares, preference shares, or simply preferreds) is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt ins ...
with Rohm and Hass' two largest stockholders and extending their one-year bridge loan
A bridge loan is a type of short-term loan, typically taken out for a period of 2 weeks to 3 years pending the arrangement of larger or longer-term financing. It is usually called a bridging loan in the United Kingdom, also known as a "caveat loan, ...
an additional year, the company purchased Rohm and Haas for $15 billion ($78 a share) on March 9, 2009.
2007 dismissal of senior executives
On April 12, 2007, Dow dismissed two senior executives for "unauthorized discussions with third parties about the potential sale of the company". The two figures are executive vice president Romeo Kreinberg, and director and former CFO
The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...
J. Pedro Reinhard. Dow claims they were secretly in contact with JPMorgan Chase
JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of 2022, JPMorgan Chase is the largest bank in the United States, the ...
; at the same time, a story surfaced in Britain's ''Sunday Express
The ''Daily Express'' is a national daily United Kingdom middle-market newspaper printed in tabloid format. Published in London, it is the flagship of Express Newspapers, owned by publisher Reach plc. It was first published as a broadsheet i ...
'' regarding a possible leveraged buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loan ...
of Dow. The two executives have since filed lawsuits claiming they were fired for being a threat to CEO Liveris, and that the allegations were concocted as a pretext. However, in June 2008 Dow Chemical and the litigants announced a settlement in which Kreinberg and Reinhard dropped their lawsuits and admitted taking part in discussions "which were not authorized by, nor disclosed to, Dow's board concerning a potential LBO" and acknowledged that it would have been appropriate to have informed the CEO and board of the talks.
2008 sale of zoxamide business
In summer 2008, Dow sold its zoxamide business to Gowan Company
Gowan may refer to:
People
*Charles Gowan (1850–1938)
*David Gowan, American politician from Arizona
*Franklin B. Gowen (1836–1889), attorney, president of Reading Railroad
*Geoffrey Gowan (1929–2013), Canadian sports broadcaster
*Hunter Go ...
. Included in the sale were the trademarks for a potato
The potato is a starchy food, a tuber of the plant ''Solanum tuberosum'' and is a root vegetable native to the Americas. The plant is a perennial in the nightshade family Solanaceae.
Wild potato species can be found from the southern Unit ...
and grape
A grape is a fruit, botanically a berry, of the deciduous woody vines of the flowering plant genus ''Vitis''. Grapes are a non- climacteric type of fruit, generally occurring in clusters.
The cultivation of grapes began perhaps 8,000 years ago, ...
fungicide
Fungicides are biocidal chemical compounds or biological organisms used to kill parasitic fungi or their spores. A fungistatic inhibits their growth. Fungi can cause serious damage in agriculture, resulting in critical losses of yield, quality, ...
called Gavel (fungicide)
A gavel is a small ceremonial mallet commonly made of hardwood, typically fashioned with a handle. It can be used to call for attention or to punctuate rulings and proclamations and is a symbol of the authority and right to act officially in the ...
. It is employed by potato growers to control early and late potato blight
''Phytophthora infestans'' is an oomycete or water mold, a fungus-like microorganism that causes the serious potato and tomato disease known as late blight or potato blight. Early blight, caused by ''Alternaria solani'', is also often called "po ...
and to suppress tuber blight
Tubers are a type of enlarged structure used as storage organs for nutrients in some plants. They are used for the plant's perennation (survival of the winter or dry months), to provide energy and nutrients for regrowth during the next growing s ...
, and is also registered in Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
for control of downy mildew
Downy mildew refers to any of several types of oomycete microbes that are obligate parasites of plants. Downy mildews exclusively belong to the Peronosporaceae family. In commercial agriculture, they are a particular problem for growers of crucif ...
in grapes
A grape is a fruit, botanically a berry, of the deciduous woody vines of the flowering plant genus ''Vitis''. Grapes are a non- climacteric type of fruit, generally occurring in clusters.
The cultivation of grapes began perhaps 8,000 years ago ...
, except in British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, ...
.
2014 – New operating segments
In the fourth quarter of 2014, Dow announced new operating segments in response to its previously announced leadership changes. The company stated it would give further support to its end-market orientation and increase its alignment to Dow's key value chains – ethylene and propylene.
U.S. Gulf Coast investments
Several plants on the Gulf Coast
The Gulf Coast of the United States, also known as the Gulf South, is the coastline along the Southern United States where they meet the Gulf of Mexico. The coastal states that have a shoreline on the Gulf of Mexico are Texas, Louisiana, Mississ ...
of the US have been in development since 2013, as part of Dow's transition away from naphtha. Dow estimates the facilities will employ about 3000 people, and 5000 people during construction. The plants will manufacture materials for several of its growing segments, including hygiene and medical, transportation, electrical and telecommunications, packaging, consumer durables
In economics, a durable good or a hard good or consumer durable is a good that does not quickly wear out or, more specifically, one that yields utility over time rather than being completely consumed in one use. Items like bricks could be consid ...
and sports and leisure.
Dow's new propane dehydrogenation (PDH) facility in Freeport, Texas, was expected to come online in 2015, with a first 750000 tonne
The tonne ( or ; symbol: t) is a unit of mass equal to 1000 kilograms. It is a non-SI unit accepted for use with SI. It is also referred to as a metric ton to distinguish it from the non-metric units of the short ton ( United State ...
per year unit, while other units would become available in the future. An ethylene production facility was expected to start up in the first half of 2017.
Chlorine merger
On March 27, 2015, Dow and Olin Corporation
Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Olin che ...
announced that the boards of directors of both companies unanimously approved a definitive agreement under which Dow will separate a significant portion of its chlorine business and merge that new entity with Olin in a transaction that will create an industry leader, with revenues approaching $7 billion. Olin, the new partnership, became the largest chlorine producer in the world.
2015 merger and 2019 separation with DuPont
On December 11, 2015, Dow announced that it would merge with DuPont
DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in ...
, in an all-stock deal. The combined company, which was known as DowDuPont
DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in ...
, had an estimated value of $130 billion, was equally held by the shareholders of both companies, and maintained their respective headquarters in Michigan and Delaware. Within two years of the merger's closure, DowDuPont was set to split into three separate public companies, focusing on the agriculture, chemical, and specialty product industries. Shareholders of each company held 50% of the combined company. Dow Chemical CEO Andrew N. Liveris
Andrew N. Liveris (born 5 May 1954) is an Australian former CEO and chairman of The Dow Chemical Company of Midland, Michigan. Liveris has been a member of Dow's board of directors since February 2004, CEO since November 2004 and was elected as ...
became executive chairman of the new entity, while DuPont CEO Edward D. Breen
Edward D. Breen (born c. 1956) is an American business executive. He is the Executive Chairman of DuPont. Prior to this, he was the chair of the board and CEO of DuPont, a role he started on November 9, 2015. He also serves as a director of Comcast ...
became CEO. In January 2017, the merger was pushed back a second time pending regulatory approvals.
The same day, Dow also announced that it had reached a deal to acquire Corning Incorporated
Corning Incorporated is an American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. The co ...
's stake in their joint venture Dow Corning
Dow Corning Corporation, was an American multinational corporation headquartered in Midland, Michigan, United States. Originally established as a joint venture between The Dow Chemical Company and Corning Incorporated, Dow bought out Corning and ...
for $4.8 billion in cash and a roughly 40% stake in Hemlock Semiconductor Corporation Hemlock Semiconductor (HSC) is the largest and only producer of hyper-pure polysilicon headquartered in the United States. Founded in 1961, it is owned by Corning Inc. and Shin-Etsu Handotai and named after Hemlock, Michigan, the location of its f ...
.
In 2019, DowDuPont de-merged, forming Dow Inc.
The Dow Chemical Company, officially Dow Inc., is an American multinational chemical corporation headquartered in Midland, Michigan, United States. The company is among the three largest chemical producers in the world.
Dow manufactures plastics ...
The spin-off was completed on April 1, 2019, at which time Dow Inc. became an independent, publicly traded company, and the direct parent company of The Dow Chemical Company.
Focus on higher margin business
Dow Chemical has begun to shed commodity chemical businesses, such as those making the basic ingredients for grocery bag
Shopping bags are medium-sized bags, typically around 10–20 litres (2.5–5 gallons) in volume (though much larger versions exist, especially for non-grocery shopping), that are used by shoppers to carry home their purchases. Some are intended ...
s and plastic pipes, because their profit margins only average 5–10%. Dow is, as of 2015, focusing its resources on specialty chemicals that earn profit margins of at least 20%.
Dioxin contamination
Areas along Michigan's Tittabawassee River
The Tittabawassee River flows in a generally southeasterly direction through the Lower Peninsula of the U.S. state of Michigan. The river begins at Secord Lake in Clement Township, at the confluence of the East Branch and the Middle Branch. From ...
, which runs within yards of Dow's main plant in Midland, were found to contain elevated levels of the cancer-causing chemical dioxin
Dioxin may refer to:
* 1,2-Dioxin or 1,4-Dioxin, two unsaturated heterocyclic 6-membered rings where two carbon atoms have been replaced by oxygen atoms, giving the molecular formula C4H4O2
*Dibenzo-1,4-dioxin, the parent compound also known as ...
in November 2006. The dioxin was located in sediments two to ten feet below the surface of the river, and, according to ''The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', "there is no indication that residents or workers in the area are directly exposed to the sites". However, people who often eat fish from the river had slightly elevated levels of dioxin in their blood. In July 2007, Dow reached an agreement with the Environmental Protection Agency
A biophysical environment is a biotic and abiotic surrounding of an organism or population, and consequently includes the factors that have an influence in their survival, development, and evolution. A biophysical environment can vary in scale f ...
to remove of sediment from three areas of the riverbed and levees of the river that had been found to be contaminated. In November 2008, Dow Chemical along with the United States Environmental Protection Agency
The Environmental Protection Agency (EPA) is an independent executive agency of the United States federal government tasked with environmental protection matters. President Richard Nixon proposed the establishment of EPA on July 9, 1970; it be ...
and Michigan Department of Environmental Quality
The Michigan Department of Environment, Great Lakes, and Energy (EGLE), formerly Michigan Department of Environmental Quality (Michigan DEQ, MDEQ, or simply DEQ), is a principal department of the U.S. state of Michigan for environmental issues. Th ...
agreed to establish a Superfund
Superfund is a United States federal environmental remediation program established by the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA). The program is administered by the United States Environmental Pro ...
to address dioxin cleanup of the Tittabawassee River, Saginaw River
The Saginaw River is a U.S. Geological Survey. National Hydrography Dataset high-resolution flowline dataThe National Map accessed November 7, 2011 river in the U.S. state of Michigan. It is formed by the confluence of the Tittabawassee and Sh ...
and Saginaw Bay
Saginaw Bay is a bay within Lake Huron located on the eastern side of the U.S. state of Michigan. It forms the space between Michigan's Thumb region and the rest of the Lower Peninsula of Michigan. Saginaw Bay is in area. It is located in part ...
.
Sale of herbicide business
In December 2015, Dow Chemicals agreed to sell part of its global herbicide
Herbicides (, ), also commonly known as weedkillers, are substances used to control undesired plants, also known as weeds.EPA. February 201Pesticides Industry. Sales and Usage 2006 and 2007: Market Estimates. Summary in press releasMain page fo ...
business, which had reported falling sales for nearly a year. A portfolio of weed killers known as dinitroanilines was sold to privately held Gowan Company
Gowan may refer to:
People
*Charles Gowan (1850–1938)
*David Gowan, American politician from Arizona
*Franklin B. Gowen (1836–1889), attorney, president of Reading Railroad
*Geoffrey Gowan (1929–2013), Canadian sports broadcaster
*Hunter Go ...
, a family owned company located in Yuma, Arizona
Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Fou ...
, which markets a variety of pesticides to the agricultural and horticultural industries.[producer.com: "Dow sells popular herbicides Treflan and Edge to Gowan"](_blank)
10 Dec 2015 The global trademarks for Treflan (pesticide)®, which can be sprayed on field corn
Maize ( ; ''Zea mays'' subsp. ''mays'', from es, maíz after tnq, mahiz), also known as corn (North American and Australian English), is a cereal grain first domesticated by indigenous peoples in southern Mexico about 10,000 years ago. Th ...
, cotton
Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus ''Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor perce ...
and some fruit and vegetables, were included in the sale, as well as a formulation and packaging facility in Fort Saskatchewan
Fort Saskatchewan is a city along the North Saskatchewan River in Alberta, Canada. It is northeast of Edmonton, the provincial capital. It is part of the Edmonton census metropolitan area and one of 24 municipalities that constitute the Edmont ...
, Alberta
Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...
, Canada. Edge (pesticide)®, Team (pesticide)®, Bonalan (pesticide)® and Sonalan (pesticide)®, intellectual property and labels for herbicides based on the molecules trifluralin
Trifluralin is a commonly used pre-emergence herbicide. With about used in the United States in 2001, it is one of the most widely used herbicides. Trifluralin is generally applied to the soil to provide control of a variety of annual grass an ...
, benfluralin
Benfluralin is an herbicide of the dinitroaniline class. The mechanism of action
In pharmacology, the term mechanism of action (MOA) refers to the specific biochemical interaction through which a drug substance produces its pharmacological eff ...
and ethalfluralin were also included in the sale. Annual grasses and small seeded broadleaf weeds can be controlled with these products in a wide range of crops including cotton
Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus ''Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor perce ...
, beans
A bean is the seed of several plants in the family Fabaceae, which are used as vegetables for human or animal food. They can be cooked in many different ways, including boiling, frying, and baking, and are used in many traditional dishes th ...
, canola
Close-up of canola blooms
Canola flower
Rapeseed oil is one of the oldest known vegetable oils. There are both edible and industrial forms produced from rapeseed, the seed of several cultivars of the plant family Brassicaceae. Historically, i ...
, cereals
A cereal is any grass cultivated for the edible components of its grain (botanically, a type of fruit called a caryopsis), composed of the endosperm, germ, and bran. Cereal grain crops are grown in greater quantities and provide more food en ...
, crucifers
Brassicaceae () or (the older) Cruciferae () is a medium-sized and economically important family of flowering plants commonly known as the mustards, the crucifers, or the cabbage family. Most are herbaceous plants, while some are shrubs. The leav ...
, cucurbits
The Cucurbitaceae, also called cucurbits or the gourd family, are a plant family consisting of about 965 species in around 95 genera, of which the most important to humans are:
*''Cucurbita'' – squash, pumpkin, zucchini, some gourds
*''Lagena ...
, and vegetables. Dinitroanilines, are also known as " DNA herbicides", and have been commercialised at least since 1970.
2020 evacuation
In May 2020, Dow Chemical and many other areas in Midland County, Michigan
Midland County is a county located in the U.S. state of Michigan. As of the 2020 Census, the population was 83,494. The county seat is Midland. The county's name is due to its closeness to the geographical Lower Peninsula's geographical center ...
were forced to evacuate due to high flooding which was caused by the breach of the Edenville and Sanford dams following two days of heavy rainfall in the area.
Products
Dow is a large producer of plastics, including polystyrene
Polystyrene (PS) is a synthetic polymer made from monomers of the aromatic hydrocarbon styrene. Polystyrene can be solid or foamed. General-purpose polystyrene is clear, hard, and brittle. It is an inexpensive resin per unit weight. It is a ...
, polyurethane
Polyurethane (; often abbreviated PUR and PU) refers to a class of polymers composed of organic chemistry, organic units joined by carbamate (urethane) links. In contrast to other common polymers such as polyethylene and polystyrene, polyurethan ...
, polyethylene
Polyethylene or polythene (abbreviated PE; IUPAC name polyethene or poly(methylene)) is the most commonly produced plastic. It is a polymer, primarily used for packaging ( plastic bags, plastic films, geomembranes and containers including bo ...
, polypropylene
Polypropylene (PP), also known as polypropene, is a thermoplastic polymer used in a wide variety of applications. It is produced via chain-growth polymerization from the monomer propylene.
Polypropylene
belongs to the group of polyolefins and ...
, and synthetic rubber
Rubber, also called India rubber, latex, Amazonian rubber, ''caucho'', or ''caoutchouc'', as initially produced, consists of polymers of the organic compound isoprene, with minor impurities of other organic compounds. Thailand, Malaysia, and ...
. It is also a major producer of ethylene oxide
Ethylene oxide is an organic compound with the chemical formula, formula . It is a cyclic ether and the simplest epoxide: a three-membered Ring (chemistry), ring consisting of one oxygen atom and two carbon atoms. Ethylene oxide is a colorless a ...
, various acrylate
Acrylates (IUPAC: prop-2-enoates) are the salts, esters, and conjugate bases of acrylic acid. The acrylate ion is the anion C H2=CHC OO−. Often, acrylate refers to esters of acrylic acid, the most common member being methyl acrylate. These acry ...
s, surfactant
Surfactants are chemical compounds that decrease the surface tension between two liquids, between a gas and a liquid, or interfacial tension between a liquid and a solid. Surfactants may act as detergents, wetting agents, emulsifiers, foaming ...
s, and cellulose
Cellulose is an organic compound with the formula , a polysaccharide consisting of a linear chain of several hundred to many thousands of β(1→4) linked D-glucose units. Cellulose is an important structural component of the primary cell wall ...
resins. It produces agricultural chemicals including the pesticide
Pesticides are substances that are meant to control pests. This includes herbicide, insecticide, nematicide, molluscicide, piscicide, avicide, rodenticide, bactericide, insect repellent, animal repellent, microbicide, fungicide, and lampri ...
Lorsban
Chlorpyrifos (CPS), also known as Chlorpyrifos ethyl, is an organophosphate pesticide that has been used on crops, animals, and buildings, and in other settings, to kill several pests, including insects and worms. It acts on the nervous systems ...
and consumer products including Styrofoam
Styrofoam is a trademarked brand of closed-cell extruded polystyrene foam (XPS), commonly called "Blue Board", manufactured as foam continuous building insulation board used in walls, roofs, and foundations as thermal insulation and water barrie ...
. Some Dow consumer products, including Saran wrap, Ziploc
Ziploc is a brand of reusable, re-sealable sliding channel storage bags and containers originally developed and test marketed by The Dow Chemical Company in 1968 and now produced by S. C. Johnson & Son.
The plastic bags and containers come in ...
bags, and Scrubbing Bubbles
Scrubbing Bubbles is the brand name of a bathroom cleaner produced by S. C. Johnson & Son. The product was originally named Dow Bathroom Cleaner after the Dow Chemical Company, its manufacturer at the time. After some consumer product lines wer ...
were sold to S. C. Johnson & Son in 1997.
Performance plastics
Performance plastics make up 25% of Dow's sales,[''Chemical and Engineering News'', Vol. 84, Issue 22 (May 29, 2006), pp 10–15] with many products designed for the automotive and construction industries. The plastics include polyolefin
A polyolefin is a type of polymer with the general formula (CH2CHR)n where R is an alkyl group. They are usually derived from a small set of simple olefins (alkenes). Dominant in a commercial sense are polyethylene and polypropylene. More speciali ...
s such as polyethylene
Polyethylene or polythene (abbreviated PE; IUPAC name polyethene or poly(methylene)) is the most commonly produced plastic. It is a polymer, primarily used for packaging ( plastic bags, plastic films, geomembranes and containers including bo ...
and polypropylene
Polypropylene (PP), also known as polypropene, is a thermoplastic polymer used in a wide variety of applications. It is produced via chain-growth polymerization from the monomer propylene.
Polypropylene
belongs to the group of polyolefins and ...
, as well as polystyrene
Polystyrene (PS) is a synthetic polymer made from monomers of the aromatic hydrocarbon styrene. Polystyrene can be solid or foamed. General-purpose polystyrene is clear, hard, and brittle. It is an inexpensive resin per unit weight. It is a ...
used to produce Styrofoam insulating material. Dow manufactures epoxy
Epoxy is the family of basic components or cured end products of epoxy resins. Epoxy resins, also known as polyepoxides, are a class of reactive prepolymers and polymers which contain epoxide groups. The epoxide functional group is also coll ...
resin intermediates including bisphenol A
Bisphenol A (BPA) is a chemical compound primarily used in the manufacturing of various plastics. It is a colourless solid which is soluble in most common organic solvents, but has very poor solubility in water. BPA is produced on an industrial s ...
and epichlorohydrin
Epichlorohydrin (abbreviated ECH) is an organochlorine compound and an epoxide. Despite its name, it is not a halohydrin. It is a colorless liquid with a pungent, garlic-like odor, moderately soluble in water, but miscible with most polar organi ...
. Saran resins and films are based on polyvinylidene chloride
Polyvinylidene chloride, or polyvinylidene dichloride (PVDC), is a homopolymer of vinylidene chloride.
History
Ralph Wiley accidentally discovered polyvinylidene chloride polymer in 1933. He, then, was a college student who worked part-time at ...
(PVDC)
Performance chemicals
The Performance Chemicals (17 percent of sales) segment produces chemicals and materials for water purification
Water purification is the process of removing undesirable chemicals, biological contaminants, suspended solids, and gases from water. The goal is to produce water that is fit for specific purposes. Most water is purified and disinfected for hu ...
, pharmaceutical
A medication (also called medicament, medicine, pharmaceutical drug, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy (pharmacotherapy) is an important part of the medical field and re ...
s, paper coating
A coating is a covering that is applied to the surface of an object, usually referred to as the Substrate (materials science), substrate. The purpose of applying the coating may be decorative, functional, or both. Coatings may be applied as liquid ...
s, paints and advanced electronics
The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification ...
. Major product lines include nitroparaffins, such as nitromethane
Nitromethane, sometimes shortened to simply "nitro", is an organic compound with the chemical formula . It is the simplest organic nitro compound. It is a polar liquid commonly used as a solvent in a variety of industrial applications such as in ...
, used in the pharmaceutical industry and manufactured by Angus Chemical Company, a wholly owned subsidiary of The Dow Chemical Co. Important polymers include Dowex ion-exchange resin
An ion-exchange resin or ion-exchange polymer is a resin or polymer that acts as a medium for ion exchange. It is an insoluble matrix (or support structure) normally in the form of small (0.25–1.43 mm radius) microbeads, usually white or ye ...
s, acrylic
Acrylic may refer to:
Chemicals and materials
* Acrylic acid, the simplest acrylic compound
* Acrylate polymer, a group of polymers (plastics) noted for transparency and elasticity
* Acrylic resin, a group of related thermoplastic or thermosett ...
and polystyrene latex
Latex is an emulsion (stable dispersion) of polymer microparticles in water. Latexes are found in nature, but synthetic latexes are common as well.
In nature, latex is found as a milky fluid found in 10% of all flowering plants (angiosperms ...
, as well as Carbowax
Polyethylene glycol (PEG; ) is a polyether compound derived from petroleum with many applications, from industrial manufacturing to medicine. PEG is also known as polyethylene oxide (PEO) or polyoxyethylene (POE), depending on its molecular we ...
polyethylene glycol
Polyethylene glycol (PEG; ) is a polyether compound derived from petroleum with many applications, from industrial manufacturing to medicine. PEG is also known as polyethylene oxide (PEO) or polyoxyethylene (POE), depending on its molecular we ...
s. Specialty chemicals are used as starting materials for production of agrochemicals and pharmaceuticals.
Water purification
Dow Water and Process Solutions (DW&PS) is a business unit
A strategic business unit (SBU) in business strategic management, is a profit center which focuses on product offering and market segment. SBUs typically have a discrete marketing plan, analysis of competition, and marketing campaign, even though ...
which manufactures Filmtec reverse osmosis membranes which are used to purify water for human use in the Middle East. The technology was used during the 2000 Summer Olympics
The 2000 Summer Olympics, officially the Games of the XXVII Olympiad and also known as Sydney 2000 (Dharug: ''Gadigal 2000''), the Millennium Olympic Games or the Games of the New Millennium, was an international multi-sport event held from 1 ...
and 2008 Summer Olympics
The 2008 Summer Olympics (), officially the Games of the XXIX Olympiad () and also known as Beijing 2008 (), were an international multisport event held from 8 to 24 August 2008, in Beijing, China. A total of 10,942 athletes from 204 Na ...
. The DW&PS business unit remained with DowDuPont following the April 2019 spin-off.
Agricultural sciences
Agricultural Sciences, or (Dow AgroSciences
Dow AgroSciences LLC was a wholly owned subsidiary of the Dow Chemical Company specializing in not only agricultural chemicals such as pesticides, but also seeds and biotechnology solutions. The company was based in Indianapolis, Indiana, in ...
), provides 7 percent of sales and is responsible for a range of insecticide
Insecticides are substances used to kill insects. They include ovicides and larvicides used against insect eggs and larvae, respectively. Insecticides are used in agriculture, medicine, industry and by consumers. Insecticides are claimed to b ...
s (such as Lorsban
Chlorpyrifos (CPS), also known as Chlorpyrifos ethyl, is an organophosphate pesticide that has been used on crops, animals, and buildings, and in other settings, to kill several pests, including insects and worms. It acts on the nervous systems ...
), herbicides
Herbicides (, ), also commonly known as weedkillers, are substances used to control undesired plants, also known as weeds.EPA. February 201Pesticides Industry. Sales and Usage 2006 and 2007: Market Estimates. Summary in press releasMain page fo ...
and fungicide
Fungicides are biocidal chemical compounds or biological organisms used to kill parasitic fungi or their spores. A fungistatic inhibits their growth. Fungi can cause serious damage in agriculture, resulting in critical losses of yield, quality, ...
s. Seeds from genetically modified plants
Genetically modified plants have been engineered for scientific research, to create new colours in plants, deliver vaccines, and to create enhanced crops. Plant genomes can be engineered by physical methods or by use of ''Agrobacterium'' for the ...
are also an important area of growth for the company. Dow AgroSciences sells seeds commercially under the following brands: Mycogen ( grain corn, silage corn, sunflower
The common sunflower (''Helianthus annuus'') is a large annual forb of the genus ''Helianthus'' grown as a crop for its edible oily seeds. Apart from cooking oil production, it is also used as livestock forage (as a meal or a silage plant), as ...
s, alfalfa
Alfalfa () (''Medicago sativa''), also called lucerne, is a perennial flowering plant in the legume family Fabaceae. It is cultivated as an important forage crop in many countries around the world. It is used for grazing, hay, and silage, as w ...
, and sorghum
''Sorghum'' () is a genus of about 25 species of flowering plants in the grass family (Poaceae). Some of these species are grown as cereals for human consumption and some in pastures for animals. One species is grown for grain, while many othe ...
), Atlas (soybean
The soybean, soy bean, or soya bean (''Glycine max'') is a species of legume native to East Asia, widely grown for its edible bean, which has numerous uses.
Traditional unfermented food uses of soybeans include soy milk, from which tofu an ...
), PhytoGen (cotton
Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus ''Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor perce ...
) and Hyland Seeds in Canada (corn, soybean, alfalfa, navy bean
The navy bean, haricot, pearl haricot bean, Boston bean, white pea bean, or pea bean is a variety of the common bean ('' Phaseolus vulgaris'') native to the Americas, where it was first domesticated. It is a dry white bean that is smaller than ...
s and wheat
Wheat is a grass widely cultivated for its seed, a cereal grain that is a worldwide staple food. The many species of wheat together make up the genus ''Triticum'' ; the most widely grown is common wheat (''T. aestivum''). The archaeologi ...
). The Dow AgroSciences business unit was spun off into Corteva Inc, on June 3, 2019.
Basic plastics
Basic plastics (26 percent of sales) end up in everything from diaper
A diaper /ˈdaɪpə(r)/ (American and Canadian English) or a nappy ( Australian English, British English, and Hiberno-English) is a type of underwear that allows the wearer to urinate or defecate
Defecation (or defaecation) follows dig ...
liners to beverage bottle
A bottle is a narrow-necked container made of an impermeable material (such as glass, plastic or aluminium) in various shapes and sizes that stores and transports liquids. Its mouth, at the bottling line, can be sealed with an internal stopp ...
s and oil tanks. Products are based on the three major polyolefins – polystyrene (such as Styron resins), polyethylene and polypropylene.
Basic chemicals
Basic chemicals (12 percent of sales) are used internally by Dow as raw materials and are also sold worldwide. Markets include dry cleaning, paints and coatings, snow and ice control and the food industry. Major products include ethylene glycol, caustic soda
Sodium hydroxide, also known as lye and caustic soda, is an inorganic compound with the formula NaOH. It is a white solid ionic compound consisting of sodium cations and hydroxide anions .
Sodium hydroxide is a highly caustic base and alka ...
, chlorine
Chlorine is a chemical element with the Symbol (chemistry), symbol Cl and atomic number 17. The second-lightest of the halogens, it appears between fluorine and bromine in the periodic table and its properties are mostly intermediate betwee ...
, and vinyl chloride
Vinyl chloride is an organochloride with the formula H2C=CHCl. It is also called vinyl chloride monomer (VCM) or chloroethene. This colorless compound is an important industrial chemical chiefly used to produce the polymer polyvinyl chloride (PVC ...
monomer (VCM, for making PVC). Ethylene oxide
Ethylene oxide is an organic compound with the chemical formula, formula . It is a cyclic ether and the simplest epoxide: a three-membered Ring (chemistry), ring consisting of one oxygen atom and two carbon atoms. Ethylene oxide is a colorless a ...
and propylene oxide
Propylene oxide is an acutely toxic and carcinogenic organic compound with the molecular formula CH3CHCH2O. This colourless volatile liquid with an odour similar to ether, is produced on a large scale industrially. Its major application is its us ...
and the derived alcohols ethylene glycol
Ethylene glycol (IUPAC name: ethane-1,2-diol) is an organic compound (a vicinal diol) with the formula . It is mainly used for two purposes, as a raw material in the manufacture of polyester fibers and for antifreeze formulations. It is an odo ...
and propylene glycol
Propylene glycol (IUPAC nomenclature, IUPAC name: propane-1,2-diol) is a viscous, colorless liquid, which is nearly odorless but possesses a faintly sweet taste. Its chemical formula is CH3CH(OH)CH2OH.
Containing two Alcohol (chemistry), alcoho ...
are major feedstocks for the manufacture of plastics such as polyurethane
Polyurethane (; often abbreviated PUR and PU) refers to a class of polymers composed of organic chemistry, organic units joined by carbamate (urethane) links. In contrast to other common polymers such as polyethylene and polystyrene, polyurethan ...
and PET
A pet, or companion animal, is an animal kept primarily for a person's company or entertainment rather than as a working animal, livestock, or a laboratory animal. Popular pets are often considered to have attractive appearances, intelligence, ...
.
Hydrocarbons and energy
The Hydrocarbons and Energy operating segment (13 percent of sales) oversees energy management at Dow. Fuels and oil-based raw materials are also procured. Major feedstocks for Dow are provided by this group, including ethylene
Ethylene (IUPAC name: ethene) is a hydrocarbon which has the formula or . It is a colourless, flammable gas with a faint "sweet and musky" odour when pure. It is the simplest alkene (a hydrocarbon with carbon-carbon double bonds).
Ethylene i ...
, propylene
Propylene, also known as propene, is an unsaturated organic compound with the chemical formula CH3CH=CH2. It has one double bond, and is the second simplest member of the alkene class of hydrocarbons. It is a colorless gas with a faint petrole ...
, 1,3-butadiene
1,3-Butadiene () is the organic compound with the formula (CH2=CH)2. It is a colorless gas that is easily condensed to a liquid. It is important industrially as a precursor to synthetic rubber. The molecule can be viewed as the union of two viny ...
, benzene
Benzene is an organic chemical compound with the molecular formula C6H6. The benzene molecule is composed of six carbon atoms joined in a planar ring with one hydrogen atom attached to each. Because it contains only carbon and hydrogen atoms, ...
and styrene
Styrene () is an organic compound with the chemical formula C6H5CH=CH2. This derivative of benzene is a colorless oily liquid, although aged samples can appear yellowish. The compound evaporates easily and has a sweet smell, although high concen ...
.
Hand sanitizer
In March 2020, during the Coronavirus outbreak, Dow expanded its European hand sanitizer
Hand sanitizer (also known as hand antiseptic, hand disinfectant, hand rub, or handrub) is a liquid, gel or foam generally used to kill many viruses/bacteria/microorganisms on the hands. In most settings, hand washing with soap and water is ge ...
production, providing the product free to hospitals.
Finances
For the fiscal year 2017, Dow Chemicals reported earnings of US$1.5 billion, with an annual revenue of US$62.5 billion, an increase of 29.8% over the previous fiscal cycle. Dow Chemicals shares traded at over $67 per share, and its market capitalization was valued at over US$121.1 billion in September 2018.
Environmental record
In 2003, Dow agreed to pay $2 million, the largest penalty ever in a pesticide case, to the state of New York for making illegal safety claims related to its pesticides. The New York Attorney General's Office stated that Dow AgroSciences had violated a 1994 agreement with the State of New York to stop advertisements making safety claims about its pesticide products. Dow stated that it was not admitting to any wrongdoing, and that it was agreeing to the settlement to avoid a costly court battle.
According to the United States Environmental Protection Agency
The Environmental Protection Agency (EPA) is an independent executive agency of the United States federal government tasked with environmental protection matters. President Richard Nixon proposed the establishment of EPA on July 9, 1970; it be ...
(EPA), Dow has some responsibility for 96 of the United States' Superfund
Superfund is a United States federal environmental remediation program established by the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA). The program is administered by the United States Environmental Pro ...
toxic waste
Toxic waste is any unwanted material in all forms that can cause harm (e.g. by being inhaled, swallowed, or absorbed through the skin). Mostly generated by industry, consumer products like televisions, computers, and phones contain toxic chemi ...
sites, placing it in 10th place by number of sites. One of these, a former UCC uranium and vanadium processing facility near Uravan, Colorado
Uravan (a contraction of uranium/vanadium) is a former uranium mining town in western Montrose County, Colorado, United States, which still appears on some maps. The town was a company town established by U. S. Vanadium Corporation in 1936 to e ...
, is listed as the sole responsibility of Dow. The rest are shared with numerous other companies. Fifteen sites have been listed by the EPA as finalized (cleaned up) and 69 are listed as "construction complete", meaning that all required plans and equipment for cleanup are in place.
In 2007, the chemical industry trade association – the American Chemical Council – gave Dow an award of 'Exceptional Merit' in recognition of longstanding energy efficiency and conservation efforts. Between 1995 and 2005, Dow reduced energy intensity (BTU per pound produced) by 22 percent. This is equivalent to saving enough electricity to power eight million US homes for a year. The same year, Dow subsidiary, Dow Agrosciences, won a United Nations Montreal Protocol Innovators Award for its efforts in helping replace methyl bromide – a compound identified as contributing to the depletion of the ozone layer. In addition, Dow Agrosciences won an EPA "Best of the Best" Stratospheric Ozone Protection Award. The United States Environmental Protection Agency
The Environmental Protection Agency (EPA) is an independent executive agency of the United States federal government tasked with environmental protection matters. President Richard Nixon proposed the establishment of EPA on July 9, 1970; it be ...
(EPA) named Dow as a 2008 Energy Star
Energy Star (trademarked ''ENERGY STAR'') is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency. The program provides information on the energy consumption of pro ...
Partner of the Year for excellence in energy management and reductions in greenhouse gas emissions
Greenhouse gas emissions from human activities strengthen the greenhouse effect, contributing to climate change. Most is carbon dioxide from burning fossil fuels: coal, oil, and natural gas. The largest emitters include coal in China and lar ...
.
Carbon footprint
Dow Chemical Company reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 33,100 Kt (+700/+2.2% y-o-y)[Alt URL]
/ref> and plans to reduce emissions 15% by 2030 from a 2019 base year.
Board of directors
The final board of directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
of The Dow Chemical Co. were, prior to the closing of the merger with DuPont on September 1, 2017:
* Ajay Banga
Ajaypal Singh Banga (born November 10, 1959) is an Indian-American business executive. He is currently Vice Chairman at General Atlantic. He was executive chairman of Mastercard, after having previously served as president and chief executive off ...
– president and CEO, MasterCard[Board of Directors](_blank)
Dow.com. Retrieved on 2013-08-17.
* Jacqueline Barton
Jacqueline K. Barton (born May 7, 1952 New York City, NY), is an American chemist. She worked as a Professor of Chemistry at Hunter College (1980–82), and at Columbia University (1983–89) before joining the California Institute of Technology. ...
– chemistry professor, California Institute of Technology
The California Institute of Technology (branded as Caltech or CIT)The university itself only spells its short form as "Caltech"; the institution considers other spellings such a"Cal Tech" and "CalTech" incorrect. The institute is also occasional ...
* James A. Bell
James Aaron Bell (born June 4, 1948) is a retired American executive of The Boeing Company.
Bell is a retired president, executive vice president and chief financial officer of The Boeing Company. He served as interim president and chief execut ...
– former president and CFO, Boeing
The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...
* Richard K. Davis
Richard K. Davis (born 1958) is an American businessman. Since January 2, 2019 Davis has served as the chief executive officer of Make-A-Wish America, having previously served as Executive Chairman and President of U.S. Bancorp.
Biography
Davis ...
- chairman of the board and chief executive officer of U.S. Bancorp
* Jeff Fettig
Jeff M. Fettig (born 1957) is an American businessman. He is the former chairman and chief executive officer of the Whirlpool Corporation and serves on the board of directors for Dow Inc., the Indiana University Foundation, and is a PGA REACH Tru ...
– chairman and CEO, Whirlpool Corp.
The Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States. The Fortune 500 company has annual revenue of approximately $21 billion, 7 ...
* Jim Fitterling
James Ray Fitterling is an American business executive. He is the Chairman and CEO of Dow Inc., Fitterling serves as vice chair of the National Association of Manufacturers, and on the boards of the American Chemistry Council and the U.S.-C ...
- chairman and CEO, Dow Inc.
The Dow Chemical Company, officially Dow Inc., is an American multinational chemical corporation headquartered in Midland, Michigan, United States. The company is among the three largest chemical producers in the world.
Dow manufactures plastics ...
* Andrew N. Liveris
Andrew N. Liveris (born 5 May 1954) is an Australian former CEO and chairman of The Dow Chemical Company of Midland, Michigan. Liveris has been a member of Dow's board of directors since February 2004, CEO since November 2004 and was elected as ...
– former chairman and CEO, The Dow Chemical Co.
* Mark Loughridge
Mark Loughridge (born December 19, 1953) is an American businessman who was IBM's Senior Vice President and Chief Financial Officer, Finance and Enterprise Transformation. He stands as IBM's longest-tenured CFO after nearly 10 years in the role.
...
- former chief financial officer, IBM
* Raymond J. Milchovich
Raymond is a male given name. It was borrowed into English from French (older French spellings were Reimund and Raimund (disambiguation), Raimund, whereas the modern English and French spellings are identical). It originated as the Germanic langu ...
- lead director of Nucor and former chairman and CEO of Foster Wheeler AG
* Robert S. (Steve) Miller - International Automotive Components (IAC) Group
* Paul Polman
Paulus Gerardus Josephus Maria Polman, (born 11 July 1956) is a Dutch businessman and author. He was the chief executive officer (CEO) of the British consumer goods company Unilever. Polman is also the author of ''Net Positive: How Courageous Co ...
– CEO Unilever
Unilever plc is a British multinational consumer goods company with headquarters in London, England. Unilever products include food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy drink, t ...
PLC and Unilever
* Dennis H. Reilley – former chairman Covidien
Covidien was an Irish-headquartered global health care products company and manufacturer of medical devices and supplies. Covidien became an independent publicly traded company after being spun off from Tyco International in 2007. It was purcha ...
Ltd.
* James Ringler – vice chairman, Illinois Tool Works Inc.
* Ruth G. Shaw – former president and CEO, Duke Energy Corp.
The ten members of the board of directors
A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
of today's iteration of Dow are:
* Samuel R. Allen – chairman and former CEO, Deere & Company
Deere & Company, Trade name, doing business as John Deere (), is an American corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains (axles, transmissions, gearboxes) used in heavy e ...
* Ajay Banga
Ajaypal Singh Banga (born November 10, 1959) is an Indian-American business executive. He is currently Vice Chairman at General Atlantic. He was executive chairman of Mastercard, after having previously served as president and chief executive off ...
– president & CEO MasterCard
* Jacqueline Barton
Jacqueline K. Barton (born May 7, 1952 New York City, NY), is an American chemist. She worked as a Professor of Chemistry at Hunter College (1980–82), and at Columbia University (1983–89) before joining the California Institute of Technology. ...
– chemistry professor, California Institute of Technology
The California Institute of Technology (branded as Caltech or CIT)The university itself only spells its short form as "Caltech"; the institution considers other spellings such a"Cal Tech" and "CalTech" incorrect. The institute is also occasional ...
* James A. Bell
James Aaron Bell (born June 4, 1948) is a retired American executive of The Boeing Company.
Bell is a retired president, executive vice president and chief financial officer of The Boeing Company. He served as interim president and chief execut ...
– former president and CFO Boeing
The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...
* Wesley G. Bush
Wesley G. Bush is an American systems engineer and business executive. He is the former CEO and chairman of Northrop Grumman, and he is currently a director of General Motors and Cisco.
Bush was raised in Morgantown, West Virginia. He has both B ...
– chairman, Northrop Grumman
Northrop Grumman Corporation is an American multinational aerospace and defense technology company. With 90,000 employees and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military techn ...
* Richard K. Davis
Richard K. Davis (born 1958) is an American businessman. Since January 2, 2019 Davis has served as the chief executive officer of Make-A-Wish America, having previously served as Executive Chairman and President of U.S. Bancorp.
Biography
Davis ...
– chairman and CEO of U.S. Bancorp
A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (''banc''/''bank'' + '' corp ration') is often used to refer to these companies as well.
United States ...
; Make-A-Wish
The Make-A-Wish Foundation is a 501(c)(3) nonprofit organization founded in the United States that helps fulfill the wishes of children with a critical illness between the ages of and 18 years old.
Make-A-Wish was founded in 1980 and headquart ...
chairman
* Jeff Fettig
Jeff M. Fettig (born 1957) is an American businessman. He is the former chairman and chief executive officer of the Whirlpool Corporation and serves on the board of directors for Dow Inc., the Indiana University Foundation, and is a PGA REACH Tru ...
– former chairman and CEO, Whirlpool Corp.
The Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States. The Fortune 500 company has annual revenue of approximately $21 billion, 7 ...
* Jim Fitterling
James Ray Fitterling is an American business executive. He is the Chairman and CEO of Dow Inc., Fitterling serves as vice chair of the National Association of Manufacturers, and on the boards of the American Chemistry Council and the U.S.-C ...
– Dow Inc. chairman and CEO
* Jacqueline Hinman – former chairman, president and CEO of CH2M Hill
CH2M, earlier CH2M Hill, was an engineering company that provided consulting, design, construction, and operations services for corporations and governments. The company was organized in Corvallis, Oregon, and headquartered at 9191 South Jamai ...
* Jill S. Wyant – EVP and president of global regions, Ecolab, Inc.
* Daniel W. Yohannes – former U.S. Ambassador to the Organisation for Economic Co-operation and Development
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries ...
Major sponsorships
In July 2010, Dow became a worldwide partner of the Olympic Games
The modern Olympic Games or Olympics (french: link=no, Jeux olympiques) are the leading international sporting events featuring summer and winter sports competitions in which thousands of athletes from around the world participate in a var ...
. The sponsorship extended until 2020.
In September 2004, Dow obtained the naming rights to the Saginaw County Event Center in Saginaw
Saginaw () is a city in the U.S. state of Michigan and the seat of Saginaw County. The city of Saginaw and Saginaw County are both in the area known as Mid-Michigan. Saginaw is adjacent to Saginaw Charter Township and considered part of Greater ...
, Michigan
Michigan () is a state in the Great Lakes region of the upper Midwestern United States. With a population of nearly 10.12 million and an area of nearly , Michigan is the 10th-largest state by population, the 11th-largest by area, and the ...
; the center is now called the Dow Event Center
The Dow Event Center (formerly known as Saginaw County Event Center and Saginaw Civic Center) is an indoor arena located in Saginaw, Michigan. The center consists of several parts: The Atrium, The Garden Room, The Theater, The Red Room, Huntington ...
. The Saginaw Spirit
The Saginaw Spirit are a major junior ice hockey team based in Saginaw, Michigan. They are members of the West Division of the Western Conference of the Ontario Hockey League (OHL), one of the Major Junior leagues of the Canadian Hockey League ( ...
(of the Ontario Hockey League
The Ontario Hockey League (OHL; french: Ligue de hockey de l'Ontario (LHO)) is one of the three major junior ice hockey leagues which constitute the Canadian Hockey League. The league is for players aged 16–19. There are exceptions for overag ...
) plays at the center, which also hosts events such as professional wrestling
Professional wrestling is a form of theater that revolves around staged wrestling matches. The mock combat is performed in a ring similar to the kind used in boxing, and the dramatic aspects of pro wrestling may be performed both in the ring o ...
, live theater, and concerts.
In October 2006, Dow bought the naming rights to the stadium used by the Great Lakes Loons
The Great Lakes Loons are a Minor League Baseball team of the Midwest League and the High-A affiliate of the Los Angeles Dodgers. They are located in Midland, Michigan, and play their home games at Dow Diamond, which opened in April 2007.
Histor ...
, a Single-A
Class A, also known as Single-A and sometimes as Low-A, is the fourth-highest level of play in Minor League Baseball in the United States, below Triple-A (baseball), Triple-A, Double-A (baseball), Double-A, and High-A. There are 30 teams classif ...
minor league baseball team located in its hometown of Midland, Michigan
Midland is a city in and the county seat of Midland County, Michigan. The city's population was 42,547 as of the 2020 census. It is the principal city of the Midland Micropolitan Statistical Area, part of the larger Saginaw-Midland-Bay City Comb ...
. The stadium is called Dow Diamond
Dow Diamond is a Minor League baseball stadium located in Midland, Michigan. It is the home of the Great Lakes Loons of the Midwest League. The Loons are affiliated with the Los Angeles Dodgers.
The stadium is located near Buttles, Ellsworth and ...
. The Dow Foundation played a key role in bringing the Loons to the city.
In 2010, Dow signed a $100m (£63m) 10-year deal with the International Olympic Committee
The International Olympic Committee (IOC; french: link=no, Comité international olympique, ''CIO'') is a non-governmental sports organisation based in Lausanne, Switzerland. It is constituted in the form of an association under the Swiss ...
and agreed to sponsor the £7m Olympic Stadium wrap.
Since 2014 Dow also sponsors Austin Dillon's #3 Chevrolet
Chevrolet ( ), colloquially referred to as Chevy and formally the Chevrolet Motor Division of General Motors Company, is an American automobile division of the American manufacturer General Motors (GM). Louis Chevrolet (1878–1941) and ous ...
for Richard Childress Racing
Richard Childress Racing (RCR) is an American professional stock car racing team that currently competes in the NASCAR Cup Series and the NASCAR Xfinity Series. The team is based in Welcome, North Carolina, and is owned and operated by Richard ...
in the NASCAR Cup Series
The NASCAR Cup Series is the top racing series of the National Association for Stock Car Auto Racing (NASCAR). The series began in 1949 as the Strictly Stock Division, and from 1950 to 1970 it was known as the Grand National Division. In 1971, ...
.
Major collaborations
Lab Safety Academy
On May 20, 2013, Dow launched the Dow Lab Safety Academy, a website that includes a large collection of informational videos and resources that demonstrate best practices in laboratory safety. The goal of the website is to improve awareness of safety practices in academic research laboratories and to help the future chemical workforce develop a safety mindset. As such, the Dow Lab Safety Academy is primarily geared toward university students. However, Dow has made the content open to all, including those already employed in the chemical industry. The Dow Lab Safety Academy is also available through the Safety and Chemical Engineering Education program, an affiliate of American Institute of Chemical Engineers
The American Institute of Chemical Engineers (AIChE) is a professional organization for chemical engineers. AIChE was actually established in 1908 to distinguish chemical engineers as a profession independent of chemists and mechanical engineer ...
(AIChE); and The Campbell Institute, an organization focusing on environment, health and safety practices.
The Dow Lab Safety Academy is one component of Dow's larger laboratory safety initiative launched in early 2012, following a report from the U.S. Chemical Safety Board that highlighted the potential hazards associated with conducting research at chemical laboratories in academic institutions. Seeking to share industry best practices with academia, Dow partnered with several U.S. research universities to improve safety awareness and practices in the departments of chemistry, chemical engineering, engineering and materials. Through the pilot programs with U.C. Santa Barbara (UCSB), University of Minnesota
The University of Minnesota, formally the University of Minnesota, Twin Cities, (UMN Twin Cities, the U of M, or Minnesota) is a public university, public Land-grant university, land-grant research university in the Minneapolis–Saint Paul, Tw ...
, and Pennsylvania State University
The Pennsylvania State University (Penn State or PSU) is a Public university, public Commonwealth System of Higher Education, state-related Land-grant university, land-grant research university with campuses and facilities throughout Pennsylvan ...
, Dow worked with graduate students and faculty to identify areas of improvement and develop a culture of laboratory safety.
Nature conservancy
In January 2011, The Nature Conservancy
The Nature Conservancy (TNC) is a global environmental organization headquartered in Arlington, Virginia. it works via affiliates or branches in 79 countries and territories, as well as across every state in the US.
Founded in 1951, The Natu ...
and The Dow Chemical Co. announced a collaboration to integrate the value of nature into business decision-making. Scientists, engineers, and economists from The Nature Conservancy and Dow are working together at three pilot sites (North America, Latin America, and TBD) to implement and refine models that support corporate decision-making related to the value and resources nature provides. Those ecosystem services
Ecosystem services are the many and varied benefits to humans provided by the natural environment and healthy ecosystems. Such ecosystems include, for example, agroecosystems, forest ecosystem, grassland ecosystems, and aquatic ecosystems. Th ...
include water, land, air, oceans and a variety of plant and animal life. These sites will serve as a “living laboratories”, to validate and test methods and models so they can be used to inform more sustainable business decisions at Dow and hopefully influence the decision-making and business practices of other companies.
Part-owned companies
Companies part-owned by Dow include:[
*EQUATE Petrochemical Co. K.S.C.C.
*The Kuwait Olefins Company K.S.C.C.
*The Kuwait Styrene Company K.S.C.C.
*Map Ta Phut Olefins Company Limited
*SCG-DOW Group
*Sadara Chemical Company
]
Notable employees
* George Becker, former vice president of the AFL–CIO
The American Federation of Labor and Congress of Industrial Organizations (AFL–CIO) is the largest federation of unions in the United States. It is made up of 56 national and international unions, together representing more than 12 million ac ...
, and president of the United Steelworkers
The United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union, commonly known as the United Steelworkers (USW), is a general trade union with members across North America. Headquar ...
; worked at a Dow's aluminum rolling mill in Madison, Illinois
Madison is a city in Madison and St. Clair counties in the U.S. state of Illinois. The population was 3,891 at the 2010 census. It is home to World Wide Technology Raceway at Gateway and the first Bulgarian Orthodox church in the United States.
...
, where he was a shop steward.
* Buddy Burris
Paul "Buddy" Burris (January 20, 1923 – November 26, 2007) was an American football player. He played college football for the Golden Hurricane at University of Tulsa, and after a hiatus to serve in the Second World War, for the Sooners at the ...
, professional football player with the Green Bay Packers
The Green Bay Packers are a professional American football team based in Green Bay, Wisconsin. The Packers compete in the National Football League (NFL) as a member club of the National Football Conference (NFC) NFC North, North division. It ...
; worked for Dow following his football career.
* Norman F. Carnahan, chemical engineer; worked at Dow's Plaquemines Parish, Louisiana
Plaquemines Parish (; French language, French: ''Paroisse de Plaquemine'', Louisiana French: ''Paroisse des Plaquemines'', es, Parroquia de Caquis) is a Parish (subnational entity), parish located in the U.S. state of Louisiana. With a populat ...
division from 1965 to 1968.
* Sven Trygve Falck, Norwegian engineer, businessperson and politician; Dow engineer in Texas from 1967 to 1970.
* Larry Garner
Larry Garner (born July 8, 1952 in New Orleans, Louisiana, United States) is a Louisiana blues musician best known for his 1994 album ''Too Blues''., quote: "
One music journalist noted "If you define 'blues' by the rigid categories of structur ...
, Louisiana blues musician; worked at Dow's Baton Rouge, Louisiana
Baton Rouge ( ; ) is a city in and the capital of the U.S. state of Louisiana. Located the eastern bank of the Mississippi River, it is the parish seat of East Baton Rouge Parish, Louisiana's most populous parish—the equivalent of counties i ...
facility.
* Bettye Washington Greene
Bettye Washington Greene (March 20, 1935 – June 16, 1995) was an American industrial research chemist. She was the first African American female Ph.D. chemist to work in a professional position at the Dow Chemical Company. At Dow, she researche ...
, first African-American female chemist employed at Dow; began working in 1965 at the E.C. Britton Lab.
* Alexandre Hohagen
Alexandre Hohagen is a Brazilian executive with over 20 years of experience managing F500 companies in Latin America (Dow Chemical, HBO, UOL, Google, Facebook).
Hohagen was responsible for starting two global technology companies in Latin America ...
, vice president for Latin America and US Hispanics at Facebook
Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin M ...
; former public relations manager for Dow Chemical Brazil.
* Zdravko Ježić
Zdravko "Pusko" Ježić (17 August 1931 – 19 June 2005) was a Croats, Croatian chemist and water polo player. He was part of the Socialist Federal Republic of Yugoslavia, Yugoslav team that won silver medals at the 1952 and 1956 Olympics and p ...
, Olympic silver medalist; worked for Dow in Texas on the development of urethane and oxide polymers.
* Claude-André Lachance, youngest person elected to the House of Commons of Canada
The House of Commons of Canada (french: Chambre des communes du Canada) is the lower house of the Parliament of Canada. Together with the Crown and the Senate of Canada, they comprise the bicameral legislature of Canada.
The House of Common ...
(prior to 2011); director of public affairs for Dow Canada.
* Ray McIntire
Otis Ray McIntire (24August 19182February 1996) was an American engineer. After graduating from the University of Kansas with a BSc degree in engineering in 1940, he went to work as a research engineer for The Dow Chemical Company. During World W ...
, inventor of Styrofoam
Styrofoam is a trademarked brand of closed-cell extruded polystyrene foam (XPS), commonly called "Blue Board", manufactured as foam continuous building insulation board used in walls, roofs, and foundations as thermal insulation and water barrie ...
; began working for Dow in 1940 and became a research director.
* Fred McLafferty
Fred Warren McLafferty (May 11, 1923 − December 26, 2021) was an American chemist known for his work in mass spectrometry. He is best known for the McLafferty rearrangement reaction that was observed with mass spectrometry. With Roland Gohlk ...
, chemist who pioneered the technique of gas chromatography-mass spectrometry
Gas is one of the four fundamental states of matter (the others being solid, liquid, and plasma).
A pure gas may be made up of individual atoms (e.g. a noble gas like neon), elemental molecules made from one type of atom (e.g. oxygen), or com ...
; began working at Dow's organic chemistry research laboratory in Midland, Michigan in the 1950s.
* John Moolenaar
John Robert Moolenaar ( ; born May 8, 1961) is an American politician serving as the U.S. representative for Michigan's 4th congressional district since 2015. A member of the Republican Party, he served in the Michigan House of Representatives ...
, member of the Michigan Senate
The Michigan Senate is the upper house of the Michigan Legislature. Along with the Michigan House of Representatives, it composes the state legislature, which has powers, roles and duties defined by Article IV of the Michigan Constitution, ado ...
and Michigan House of Representatives
The Michigan House of Representatives is the lower house of the Michigan Legislature. There are 110 members, each of whom is elected from constituencies having approximately 77,000 to 91,000 residents, based on population figures from the 2010 ...
; worked as a chemist for Dow.
* George Andrew Olah
George Andrew Olah (born Oláh András György; May 22, 1927 – March 8, 2017) was a Hungarian-American chemist. His research involved the generation and reactivity of carbocations via superacids. For this research, Olah was awarded a Nobel Pri ...
, recipient of 1994 Nobel Prize in Chemistry
)
, image = Nobel Prize.png
, alt = A golden medallion with an embossed image of a bearded man facing left in profile. To the left of the man is the text "ALFR•" then "NOBEL", and on the right, the text (smaller) "NAT•" then "M ...
; employed at Dow's Sarnia, Canada plant in the late 1950s.
* Forrest Parry Forrest Corry Parry (July 4, 1921 – December 31, 2005) was the IBM engineer who invented the magnetic stripe card used for credit cards and identification badges.
Parry was born in Cedar City, Utah to Edward H. Parry and Marguerite C. Parry. Fo ...
, inventor of the magnetic stripe card
The term digital card can refer to a physical item, such as a memory card on a camera, or, increasingly since 2017, to the digital content hosted
as a virtual card or cloud card, as a digital virtual representation of a physical card. They share ...
; worked for Dow in the 1950s.
* Roy A. Periana
Roy A. Periana is a Guyanese-American organometallic chemist.
Biography
Early life
He was born in Georgetown, Guyana in 1957. After moving to the United States after high school, Periana studied and received a B.S. in chemistry at the Un ...
, American organometallic chemist; worked for Dow at Midland, Michigan.
* Abu Ammaar Yasir Qadhi
Yasir Qadhi (born January 30, 1975), is an American preacher, theologian, and imam. Since 2001, he has served as Dean of Academic Affairs at the Al-Maghrib Institute, an international Islamic educational institution with a center in Houston, Texa ...
, conservative American Islamic cleric; worked for Dow after obtaining a chemical engineering degree from the University of Houston
The University of Houston (UH) is a Public university, public research university in Houston, Texas. Founded in 1927, UH is a member of the University of Houston System and the List of universities in Texas by enrollment, university in Texas ...
.
* Abraham Quintanilla Jr.
Abraham Isaac Quintanilla Jr. (born February 20, 1939)Patoski page 2 is an American singer, songwriter, and producer. He is the father of Tejano singer Selena and was her manager throughout her life.
Quintanilla was born to a Mexican-American fa ...
, singer-songwriter; former shipping clerk at Dow's Freeport, Texas facility.
* Sheldon Roberts
C. Sheldon Roberts (October 27, 1926 – June 6, 2014) was an American semiconductor pioneer, and member of the " traitorous eight" who founded Silicon Valley.
Biography
Roberts earned a Bachelor's degree in metallurgical engineering from Ren ...
, semiconductor pioneer who helped found Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County ...
; former technical researcher at Dow.
* Alexander Shulgin
Alexander Theodore "Sasha" Shulgin (June 17, 1925 – June 2, 2014) was an American medicinal chemist, biochemist, organic chemist, pharmacologist, psychopharmacologist, and author. He is credited with introducing 3,4-methylenedioxymethamph ...
, chemist and pharmacologist credited with introducing the drug MDMA
3,4-Methylenedioxymethamphetamine (MDMA), commonly seen in Tablet (pharmacy), tablet form (ecstasy) and crystal form (molly or mandy), is a potent empathogen–entactogen with stimulant properties primarily used for Recreational dru ...
("ecstasy") to psychologists in the late 1970s; worked for Dow in the 1960s, where he invented Zectran, the first biodegradable insecticide.
* Mary P. Sinclair, environmental activist; former technical researcher at Dow.
* Huimin Zhao
Huimin Zhao is the Steven L. Miller Chair Professor of Chemical and Biomolecular Engineering at the University of Illinois, Urbana-Champaign, as well as the leader of the Biosystems Design research theme in the Carl R. Woese Institute for Genomi ...
, Centennial Endowed Chair of Chemical and Bio-Molecular Engineering at the University of Illinois Urbana-Champaign
The University of Illinois Urbana-Champaign (U of I, Illinois, University of Illinois, or UIUC) is a public land-grant research university in Illinois in the twin cities of Champaign and Urbana. It is the flagship institution of the University ...
; project leader at Dow's Industrial Biotechnology Laboratory.
See also
* BASF
BASF Societas Europaea, SE () is a German multinational corporation, multinational chemical company and the List of largest chemical producers, largest chemical producer in the world. Its headquarters is located in Ludwigshafen, Germany.
The ...
* Union Carbide
Union Carbide Corporation is an American chemical corporation wholly owned subsidiary (since February 6, 2001) by Dow Chemical Company. Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers befor ...
References
Further reading
*Ray H. Boundy, J. Lawrence Amos. (1990). ''A History of the Dow Chemical Physics Lab: The Freedom to be Creative''. M. Dekker. .
*E. Ned Brandt. (2003). ''Growth Company: Dow Chemical's First Century''. Michigan State University Press.
* Don Whitehead and Max Dendermonde. (1968). ''The Dow Story: The History of the Dow Chemical Co''. McGraw-Hill. .
External links
*
Dow Chemical Company Historical Image Collection
Science History Institute
The Science History Institute is an institution that preserves and promotes understanding of the history of science. Located in Philadelphia, Pennsylvania, it includes a library, museum, archive, research center and conference center.
It was fo ...
Digital Collections (An extensive collection of photographs and slides depicting the facilities, operations, and products of The Dow Chemical Company, primarily dating from the second half of the 20th century).
Advertisements from the Dow Chemical Historical Collection
Science History Institute
The Science History Institute is an institution that preserves and promotes understanding of the history of science. Located in Philadelphia, Pennsylvania, it includes a library, museum, archive, research center and conference center.
It was fo ...
Digital Collections (An extensive collection of domestic print advertisements, leaflets, posters, and other ephemera for various brands of The Dow Chemical Company, primarily taken from magazines published between 1921 and 1993).
{{Authority control
Dow Inc.
1897 establishments in Michigan
Chemical companies established in 1897
National Medal of Technology recipients
Terneuzen
Midland, Michigan
Bhopal disaster