Tag Archive | "dow chemical"

Dow Chemical Set For Texas Build

Dow Chemical Set For Texas Build

Dow Chemical (NYSE:DOW) is all set to build an Ethylene Plant in Texas.

Dow Chemical Set For Texas Build

Midland, Michigan based Multinational Corporation and second largest chemical manufacturer in the world by revenue, Dow Chemical (NYSE:DOW), is reportedly all set to construct an Ethylene production plant in Texas.

It has been reported that Dow Chemical (NYSE:DOW) is taking advantage of the relatively low gas prices of Texas and the new plant is part of its broader expansion plans in the region.

Dow Chemical (NYSE:DOW) shares were at 34.96 at the end of the last day’s trading. There’s been a 4.4% change in the stock price over the past 3 months.

Dow Chemical Set For Texas Build
Dow Chemical (NYSE:DOW) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.53
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.44
Zack’s Rank: 12 out of 35 in the industry

Posted in PharmaComments (0)

Dow Chemical To Close Four Plants

Dow Chemical To Close Four Plants

Dow Chemical (NYSE:DOW) has decided to shut down four plants and to lay off 900 employees.

Dow Chemical To Close Four Plants

Midland, Michigan based Multinational Corporation and second largest chemical manufacturer in the world by revenue, Dow Chemical (NYSE:DOW), has reportedly decided to shut down four of its plants and has also decided to cut 900 workmen as a measure to reduce costs by $250 million due to the weak economy.

Dow Chemical (NYSE:DOW) announced that $110 million from the savings by lay off and shut down will be distributed to the ex-employees.

Dow Chemical (NYSE:DOW) company shares are currently standing at 33.60.

Dow Chemical To Close Four Plants
Price History
Last Price: 33.60
52 Week Low / High: 20.61 / 42.23
50 Day Moving Average: 34.05
6 Month Price Change %: 19.9%
12 Month Price Change %: -10.1%

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Dow Chemical Gives License

Dow Chemical Gives License

Dow Chemical (NYSE:DOW) has reportedly given the final license for producing its new Polymeric Flame Retardant to Albemarle.

Dow Chemical Gives License

Dow Global Technologies LLC (DGTL), a subsidiary of Midland, Michigan based Multinational Corporation and second largest chemical manufacturer in the world by revenue, Dow Chemical (NYSE:DOW), has reportedly given the final part of a license to Albemarle Corporation, renowned for world class Flame Retardants.

Mark Whiteman, President of Dow Chemical (NYSE:DOW)’s Dow Global Technologies, said, “The Polymeric FR has become the ‘next generation industry standard’ flame retardant for use in both XPS and EPS foam insulation applications globally. The development and licensing of the Polymeric FR is the result of years of research and development that leveraged Dow Chemical (NYSE:DOW)’s polymer chemistry, process science, applications know-how, and Environment, Health & Safety expertise. The development is also driven by Dow’s on-going journey to identify and develop more sustainable products and technologies designed to meet customer needs.”

Dow Chemical (NYSE:DOW) shares were at 33.20 at the end of the last day’s trading. There’s been a 3.7% change in the stock price over the past 3 months.

Dow Chemical Gives License
Dow Chemical (NYSE:DOW) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.53
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.44
Zack’s Rank: 12 out of 35 in the industry

Posted in PharmaComments (0)

Dow Chemical Working With Ford

Dow Chemical Working With Ford

Dow Chemical (NYSE:DOW) has decide to team up with Ford to develop the use of carbon-fibre for vehicles.

Dow Chemical Working With Ford

Dow Automotive Systems, a fully owned subsidiary of Midland, Michigan based American multinational chemical corporation, Dow Chemical (NYSE:DOW), has reportedly joined hands with Ford Motor Co to develop cost effective ways of Carbon-fibre usage in commercial vehicles.

Ford Motor Co has announced that the Carbon Fibres developed by Dow Chemical (NYSE:DOW)’s Dow Automotive Systems could be used to manufacture high-volume cars and trucks by 2020.

The use of the materials will reduce the weight of the vehicles and in turn it will increase the fuel efficiency.

Dow Chemical (NYSE:DOW) shares were at 31.87 at the end of the last day’s trading. There’s been a 2.3% change in the stock price over the past 3 months.

Dow Chemical Working With Ford
Dow Chemical (NYSE:DOW) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.53
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.44
Zack’s Rank: 12 out of 34 in the industry

Posted in AutoComments (0)

Dow Chemical To Launch Australian Innovation Centre

Dow Chemical To Launch Australian Innovation Centre

Dow Chemical (NYSE:DOW) has partnered with the University of Queensland (UQ) on a new innovation centre.

Dow Chemical To Launch Australian Innovation Centre

Under this new deal, Dow Chemical (NYSE:DOW) will contribute about $10 million over the next six years for the University of Queensland (UQ) for the establishment of the Dow Centre for Sustainable Engineering Innovation.

Dow Chemical (NYSE:DOW) Chairman and Chief Executive Officer Andrew Liveris said, “The Center confirms our mutual commitment to sustainability through its focus on high impact outcomes of global significance and delivery of knowledge and leadership for future generations within an operational framework that provides economic prosperity while respecting community values and the environment.”

Dow Chemical (NYSE:DOW) company shares are currently standing at 34.12.

Dow Chemical To Launch Australian Innovation Centre
Price History
Last Price: 34.12
52 Week Low / High: 20.61 / 42.23
50 Day Moving Average: 34.03
6 Month Price Change %: 37.4%
12 Month Price Change %: -5.1%

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Dow Chemical To Expand In Middle East

Dow Chemical To Expand In Middle East

Dow Chemical (NYSE:DOW) has decided to invest in a new manufacturing facility in Saudi Arabia.

Dow Chemical To Expand In Middle East

According to an announcement made by the company, the biggest U.S. chemical maker Dow Chemical (NYSE:DOW) is investing an undisclosed amount in a new manufacturing plant in Saudi Arabia for its Coating Materials business unit.

Jerome Peribere, executive vice president of Dow Chemical (NYSE:DOW) and president and chief executive officer, Dow Chemical (NYSE:DOW)’s Advanced Materials Division said, “By investing in a new coatings facility in Saudi Arabia, we are moving closer to our regional customers, and realizing our regional business objectives in a key growth market for Dow Chemical (NYSE:DOW).”

Dow Chemical (NYSE:DOW) shares are currently standing at 35.68.

Dow Chemical To Expand In Middle East
Price History
Last Price: 35.68
52 Week Low / High: 20.61 / 42.23
50 Day Moving Average: 33.9
6 Month Price Change %: 48.8%
12 Month Price Change %: -4.7%

Posted in PharmaComments (0)

Dow Chemical Lines Up Big Thailand Investment

Dow Chemical Lines Up Big Thailand Investment

Dow Chemical (NYSE:DOW) has plans to invest $125 million in Thailand.

Dow Chemical Lines Up Big Thailand Investment

Chemicals manufacturer Dow Chemical (NYSE:DOW) has announced that it will invest $125 million in Thailand to enhance its productivity.

The company will invest $100 million for the development of a propylene glycol (PG) plant and $25 million for the development of a polyolefin encapsulant film factory.

The PG plant will produce pharmaceuticals and the polyolefin encapsulant plant will produce solar panel materials.

Andrew Liveris, chairman and CEO of Dow Chemical (NYSE:DOW), said, “For Dow Chemical (NYSE:DOW), we select investment locations where we can access the market, talent, and research and development for innovation”.

Dow Chemical (NYSE:DOW) shares were at 35.02 at the end of the last day’s trading. There’s been a 21.4% movement in the stock price over the past 3 months.

Dow Chemical Lines Up Big Thailand Investment
Dow Chemical (NYSE:DOW) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.53
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.44
Zack’s Rank: 9 out of 34 in the industry

Posted in PharmaComments (0)

Dow Chemical To Launch Fellowship Program

Dow Chemical To Launch Fellowship Program

Dow Chemical (NYSE:DOW) has partnered with the University of Michigan to launch a fellowship program.

Dow Chemical To Launch Fellowship Program

Dow Chemical (NYSE:DOW) announced that it will give $10 million over six years to University of Michigan as part of a fellowship program.

The Dow Sustainability Fellows Program will support 300 university students to research environmental sustainability. Students from different areas of interests will learn together how to solve sustainability challenges.

Dow Chemical (NYSE:DOW) chairman and chief executive officer Andrew N. Liveris said, “At Dow, we know that the most successful partnerships are formed when there is a foundational belief that business interests and public interests should be aligned in order to create long-terms solutions for the greater good of humanity. Our collaborative partnership pushes aside the standard thinking and supports unique models that will give rise to the next generation of innovators in Michigan and across the world”.

Dow Chemical (NYSE:DOW) shares were at 33.61 at the end of the last day’s trading. There’s been a 27.6% change in the stock price over the past 3 months.

Dow Chemical To Launch Fellowship Program
Dow Chemical (NYSE:DOW) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.53
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.44
Zack’s Rank: 9 out of 34 in the industry

Posted in PharmaComments (0)

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