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Stock Market & Financial Investment News

News Breaks
January 7, 2013
08:40 EDTDOWDow Chemical restarts St. Charles Olefins plant
The Dow Chemical Company announced that the company’s St. Charles Olefins 2 Plant near Hahnville, La. began producing on-spec ethylene on December 25, 2012, meeting previously announced targets to re-start the plant by year-end 2012. This milestone is part of Dow’s comprehensive investment plan to further connect its U.S. operations with cost-advantaged feedstocks from increasing supplies of U.S. shale gas and deliver long-term competitive advantage for Dow’s downstream businesses. Plans to increase ethylene and propylene supply and ethane cracking capabilities at existing U.S. Gulf Coast facilities strengthen the competitiveness of Dow’s Performance Plastics, Performance Products and Advanced Materials businesses and enable profitable growth in the Americas. The St. Charles plant, which was idled in January 2009, is expected to deliver a $150M increase in EBITDA in 2013.
News For DOW From The Last 14 Days
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May 20, 2013
08:04 EDTDOWBofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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May 16, 2013
08:08 EDTDOWDow Chemical's Enlist Duo Herbicide approved for use in Canada
Dow Chemical's wholly owned subsidiary Dow AgroSciences announced that Health Canada’s Pest Management Regulatory Agency has approved Enlist Duo herbicide with Colex-D Technology for use in Canada. This approval, which makes Canada the first nation to authorize this herbicide, is a milestone for the company’s Enlist Weed Control System.
06:15 EDTDOWDow ordered to pay $1.2B in urethane price-fixing case, Bloomberg reports
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May 15, 2013
07:33 EDTDOWNational Association of Business Economics to hos a conference
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May 8, 2013
07:39 EDTDOWW.R. Grace a natural buyer of Dow polypropylene assets, says Piper Jaffray
After visiting W.R. Grace's (GRA) headquarters, Piper Jaffray raised its price target for shares to $95 from $90 and keeps an Overweight rating on the stock. Piper views Grace as a natural buyer of the Dow Chemical (DOW) polypropylene catalyst assets that are coming on the market over the next 4-6 weeks.
May 7, 2013
09:10 EDTDOWDow Chemical confirms receipt of $2.2B in cash proceeds from PIC
The Dow Chemical Company announced that it has completed final resolution of the K-Dow arbitration with Petrochemical Industries Company of Kuwait, and confirms that Dow has received a direct cash payment of $2.2B from PIC. Payment reflects the full damages awarded by the International Chamber of Commerce, as well as recovery of Dow’s costs.
09:03 EDTDOWDow AgroSciences receives U.S. EPA registration for sulfoxaflor
Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company, announced that U.S. regulatory authorities have approved the new insecticidal active ingredient, sulfoxaflor to be marketed in the U.S. as Transform and Closer. The U.S. registration, and the recent Canadian registration, are the result of a Global Joint Review which also includes Australia. Australian sulfoxaflor registration is expected by third quarter 2013. South Korea, Panama, Vietnam, Indonesia, and Guatemala have already registered sulfoxaflor and additional global registrations are expected in the near future.

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