Type: Subsidiary and natural gas exploration and production Traded as: NYSE: DOW Industry: Chemicals Parent: DowDuPont Subsidiaries: Dow AgroSciences, Founded:1897; 121 years ago LLC. Founder: Herbert Henry Dow Union Carbide Corp. Headquarters: Midland, Michigan, U.S Rohm and Haas ANGUS Chemical Company Area served: Worldwide Dow Roofing Systems Products: Chemicals, plastics, performance chemicals, catalysts, coatings, crop technology, crude oil The Dow Chemical Company, commonly referred to as Dow, was an American multinational chemical corporation headquartered in Midland, Michigan, United States, and the predecessor of the merged company DowDuPont. In 2017, it was the second-largest chemical manufacturer in the world by revenue (after BASF) and as of February 2009, the third- largest chemical company in the world by market capitalization (after BASF and DuPont). It ranked second in the world by chemical production in 2014. Dow manufactures plastics, chemicals, and agricultural products. With a presence in about 160 countries, it employs about 54,000 people worldwide. The company has seven different major operating segments, with a wide variety of products made by each one. Dow's 2012 sales totaled approximately $57 billion. Dow has been called the "chemical companies' chemical company" in that most of its sales are to other industries rather than end-users. Dow sells directly to end-users primarily in the human and animal health and consumer products markets.
Dow is a member of the American Chemistry Council.
The company tagline is "Solutionism". On September 1, 2017 it merged with DuPont to create DowDuPont Inc., the world's largest chemical company in terms of sales. HISTORY Dow was founded in 1897 by chemist Herbert Henry Dow, who invented a new method of extracting the bromine that was trapped underground in brine at Midland, Michigan. Dow originally sold only bleach and potassium bromide, achieving a bleach output of 72 tons a day in 1902. Early in the company's history, a group of British manufacturers tried to drive Dow out of the bleach business by cutting prices. Dow survived by also cutting its prices and, although losing about $90,000 in income, began to diversify its product line. In 1905, German bromide producers began dumping bromides at low cost in the U.S. in an effort to prevent Dow from expanding its sales of bromides in Europe. Instead of competing directly for market share with the German producers, Dow bought the cheap German-made bromides and shipped them back to Europe. This undercut his German competitors. Even in its early history, Dow set a tradition of rapidly diversifying its product line. Within twenty years, Dow had become a major producer of agricultural chemicals, elemental chlorine, phenol and other dyestuffs, and magnesium metal. During World War I, Dow Chemical supplied many war materials the United States had previously imported from Germany. Dow produced magnesium for incendiary flares, monochlorobenzene and phenol for explosives, and bromine for medicines and tear gas. By 1918, 90 percent of Dow Chemical production was geared towards the war effort. At this time, Dow created the diamond logo that is still used by the company. After the war, Dow continued research in magnesium, and developed refined automobile pistons that produced more speed and better fuel efficiency. The Dowmetal pistons were used heavily in racing vehicles, and the 1921 winner of the Indianapolis 500 used the Dowmetal pistons in his vehicle.
In the 1930s, Dow began producing plastic resins,
which would grow to become one of the corporation's major businesses. Its first plastic products were ethylcellulose, made in 1935, and polystyrene, made in 1937. DOW’S GROWTH HISTORY Dow is a company that has succeeded by reinventing itself for the times. Over nearly 125 years, from science start-up to innovation powerhouse, Dow has continuously transformed itself for the opportunities of each era. oGOLDEN AGE OF INORGANICS (1897-1920) Dow begins as a one-product start-up defined by founder H.H. Dow, an industry pioneer. oA SHIFT TO ORGANIC CHEMISTRY (1920-1940) Dow rapidly diversifies its product lines – selling agricultural chemicals, elemental chlorine, pharmaceutical products, magnesium metals and plastic resins, among other products. oTHE WAR YEARS AND THE RISE OF PLASTICS AND PETROCHEMICALS (1941-1959) Wartime needs accelerate the research and production of plastics, and Dow opens a consumer products division after World War II. oGOING GLOBAL AND THE FIRST ERA OF COMMERCIALIZATION (1960-1989) Dow begins its global expansion as products such as Saran Wrap® and Scrubbing Bubbles® become household names. oMARKET-FACING PRODUCTS AND DIVERSIFICATION (1977-2004) Dow shifts its focus to value-added products for automotive, health care and packaging, among other industries. oINNOVATION AT THE INTERSECTIONS (2004-PRESENT) Dow is driving innovations that extract value from the material, polymer, chemical and biological sciences to help address many of the world’s most challenging problems. PRODUCTS Dow is a large producer of plastics, including polystyrene, polyurethane, polyethylene, p olypropylene, and synthetic rubber. It is also a major producer of ethylene oxide, various acrylates, surfactants, and cellulose resins. It produces agricultural chemicals including the pesticide Lorsban and consumer products including Styrofoam. Some Dow consumer products including Saran wrap, Ziploc bags and Scrubbing Bubbles were sold to S. C. Johnson & Son in 1997. PERFORMANCE PLASTICS Performance plastics make up 25 percent of Dow's sales, with many products designed for the automotive and construction industries. The plastics include polyolefins such as polyethylene and polypropylene, as well as polystyrene used to produce Styrofoam insulating material. Dow manufactures epoxy resin intermediates including bisphenol A and epichlorohydrin. Saran resins and films are based on polyvinylidene chloride (PVDC) PERFORMANCE CHEMICALS The Performance Chemicals (17 percent of sales) segment produces chemicals and materials for water purification, pharmaceuticals, paper coatings, paints and advanced electronics. Major product lines include nitroparaffins, such as nitromethane, 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 resins, acrylic and polystyrene latex, as well as Carbowax polyethylene glycols. 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 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 and 2008 Summer Olympics. AGRICULTURAL SCIENCES Agricultural Sciences, or (Dow AgroSciences), provides 7 percent of sales and is responsible for a range of insecticides (such as Lorsban), herbicides and fungicides. Seeds from genetically modified plants are also an important area of growth for the company. Dow AgroSciences sells seeds commercially under the following brands: Mycogen (grain corn, silage corn, sunflowers, alfalfa, and sorghum), Atlas (soybean), PhytoGen (cotton) and Hyland Seeds in Canada (corn, soybean, alfalfa, navy beans and wheat). BASIC PLASTICS Basic plastics (26 percent of sales) end up in everything from diaper liners to beverage bottles 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, chlorine, and vinyl chloride monomer (VCM, for making PVC). Ethylene oxide and propylene oxide and the derived alcohols ethylene glycol and propylene glycol are major feedstocks for the manufacture of plastics such as polyurethane and PET. 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, propylene, 1,3- butadiene, benzene and styrene. DOW IN BUILDING & CONSTRUCTION Today’s modern structures must be energy efficient, safe, durable and aesthetically pleasing. These simultaneous requirements call for unique technologies and innovations. At Dow, we understand that solutions to these challenges can come from anywhere. That’s why we look beyond traditional construction concepts to bring inspired ideas to building and construction projects of all kinds. From modest homes to monumental skyscrapers, Dow develops solutions to help insulate, protect and enhance. DOW IN AGRICULTURE Since the 1950s, Dow’s agricultural business has been discovering, developing and bringing sustainable solutions to market for the growing world. We are committed to helping farmers increase their crop productivity through higher yields, better varieties, and targeted weed, insect, and disease control. Our products and services balance the needs of boosting agricultural productivity while preserving the environment. DOW IN AUTOMOTIVE The automotive industry is defined by constant evolution. Finding ways to help improve fuel economy and reduce emissions, while enabling improvements in safety and performance, are just some of the areas Dow works on every day. As populations grow, and economies around the globe develop and improve their transportation infrastructure, Dow technologies help the world move forward with enhanced functionality, safety and sustainability. DOW IN CONSUMER MARKETS Our prescription medications, our vitamins, our body soap, our lotion, our sunscreen, our laundry detergent, our dishwashing soap, our clothes – these are essential ingredients of modern, daily life and Dow plays an important part in all of them. Nothing is closer to us than the products we touch daily. Whether you want to feel better, eat healthier, be and live cleaner, Dow products help propel us through our day. We use advanced technologies and unique formulations to create better products that beautify, protect, and enhance. Dow is the go-to solution provider for home, institutional, personal care, food and pharma markets. Our technology offerings create value by being the point of differentiation that sets our customers’ products apart and enhances the consumer experience. DOW IN ELECTRONIC MATERIALS Dow is a global supplier of materials and technologies to the electronics industry. Today, 95% of smart devices on the market are manufactured using Dow innovations. Whether it’s helping to develop vibrant displays or enabling the creation of faster, more powerful computer chips, Dow technologies have become key partners in the electronics industry. Our research scientists and application experts work closely with customers to provide solutions for the next generation of electronics. DOW IN ENERGY & WATER As the world's population continues to increase and new economies emerge, society requires novel solutions to meet its most basic needs, like water and energy. Dow is a leader in developing technologies to address these challenges in meaningful ways. With regional labs around the globe, our scientists are helping to make water safer and more accessible. As oil and gas resources become more difficult to reach, Dow offers advanced chemistry and technology solutions that can help drive new production from both conventional and unconventional sources. DOW IN INDUSTRIAL Dow has helped in the manufacturing of the world’s goods and services with additive solutions that: oMinimize friction and heat in mechanical processes oManage the oil and water interface oDeliver active ingredients for maximum effectiveness oFacilitate dissolvability oEnable product authentication Dow has also developed innovative solutions for the sustainable use of solvents in high quality metal cleaning and dry cleaning applications. In addition, Dow has developed ingredients for cleaning products used in institutional environments. Dow innovations have extended into the pharmaceutical industry with solutions that help in the manufacture of medicine. DOW IN INFRASTRUCTURE Infrastructure is essential to daily life. It’s our roads, bridges, buildings, and mega-structures like stadiums. It’s also the power grid that lights our homes and connects us to the Internet. With the world’s largest and broadest supply of raw materials across all categories, Dow lives by a steadfast commitment to constant R&D that ultimately develops robust and dependable infrastructures that stand the test of time. DOW IN PACKAGING Global market trends like increasing populations, rising middle class incomes, and on-the-go lifestyles continue to drive demand for high performance plastic packaging that extend food freshness, improve product safety, is lighter and brighter, and provide user-friendly functionality. Dow is a leading innovator and collaborator on packaging technologies and solutions that address the world’s packaging needs at all points of the farm- to-table value chain. Dow’s product portfolio of resins, films and adhesives is the broadest in the industry and can deliver a “total package” that is more sustainable, cost efficient, and meet consumer preferences around the world. ENVIRONMENTAL CERTIFICATES ISO 14001 and Responsible Care: The Dow Chemical Company has globally implemented the International Council of Chemical Associations and American Chemistry Council's, Responsible Care® program. The headquarters in Midland Michigan was certified to Responsible Care in 2005. This management system is broader in scope than ISO-14001. In addition to the environment, the program includes provisions for safety, health and security as well as the publishing of specific metrics. TOP DOW CHEMICAL CUSTOMERS General Motors Company Oriental Energy Pte Ltd DuPont Datang International Power Astraeus Wind Energy, Inc. TOP DOW CHEMICAL SUPPLIERS General Motors Company Honeywell International, Inc. Maverick Technologies Oracle Corporation Fluor Corporation TOP DOW CHEMICAL COMPETITORS DuPont Omnitech, Inc. Exxon Mobil BASF Corporation JSR Micro Eastman Chemical Shin-Etsu Chemical Company Monsanto Company TOP DOW CHEMICAL PARTNERS Ford Motor Company Kuwait Petroleum Corporation Monsanto Company Solazyme, Inc. Ahlstrom THE DOW CHEMICAL COMPANY COMPETITION The Tao of Dow Chemical is its integrated production of plastics, chemicals, hydrocarbons, and agrochemicals. The largest chemical company in the US and #2 worldwide behind BASF, Dow also makes performance plastics (engineering plastics, polyurethanes, and materials) for Dow Automotive. It uses chlorine-based and hydrocarbon-based raw materials to make more than 6,000 finished chemical products at 179 sites in 35 countries. The maker of Styrofoam insulation also is the world's #1 producer of chlorine and caustic soda, and a top maker of ethylene dichloride and vinyl chloride monomer. Dow also owns silicone products maker Dow Corning. In late 2015 Dow agreed to merge with rival Dupont. RAW MATERIALS The two major raw material streams that feed the production of the Company’s finished goods are; hydrocarbon-based and chlorine-based raw materials. The Company purchases hydrocarbon raw materials including; ethane, propane, butane, naphtha and condensate as feedstocks. These raw materials are used in the production of both saleable products and energy. The Company also purchases certain monomers, primarily ethylene and propylene, to supplement internal production. Expenditures for hydrocarbon feedstocks and energy accounted for 27 percent of the Company’s production costs and operating expenses for the year. THE PROBLEMS DOW FACED The main company producing Chlorpyrifos is the Dow Chemical Company in the USA. It was introduced in 1965 and it quickly grew to become a widely used pesticide in the country, especially when it came to home and garden use. In the mid-nineties, the company had to pay a huge fine because it had information of around 250 incidents of poisoning from its products and it never forwarded the information reports to the EPA or the Environmental Protection Agency in the US. The company manufacturing Chlorpyrifos has to report any relaease or spill that is over a pound in weight to the authorities and it is also stated that children should not be allowed to drink water than contains Chlorpyrifos in levels upwards of 0.03 mg a liter. The trouble is, the Dow Chemical Company knew full well that as Chloypyrifos is a compound that is semi-volatile, it tends to volatize after it is sprayed or applied and then it settles back on the surface of any object in the vicinity. However, this was a well kept secret that the company chose not to divulge to their consumers, always stating that their products were safe. In 2001, the company was costrained from supplying products for the home and the use of their products was mainly for the agricultural industry.