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News Breaks | | | | March 18, 2013 | | 07:01 EDT |  | DOW | Dow Chemical develops plans for Performance Plastics facilities
The Dow Chemical Company announced that it intends to build several new, specialty material production units aligned to its high value Performance Plastics franchise on the U.S. Gulf Coast. The move further connects the Company’s U.S. manufacturing operations with cost-advantaged feedstocks available from increasing supplies of shale gas in North America, while also creating thousands of new, high-paying jobs across the country’s manufacturing sector. Collectively, Dow expects the new Performance Plastics facilities will employ up to 3,000 workers at construction peak. Over the next five to seven years, Dow estimates that these projects, together with all other planned projects previously announced as part of the Company’s comprehensive U.S. Gulf Coast investment plan, will employ approximately 5,000 workers during peak construction and support over 35,000 jobs in the broader U.S. economy. The new facilities are in the Front End Engineering and Design phase that will be completed in 2014. These facilities will manufacture competitively advantaged materials for several of the Company’s fastest growing market segments, including Packaging; Hygiene and Medical; Electrical and Telecommunications; Transportation, Sports and Leisure and Consumer Durables. The new capacity will be targeted at projected growth in North and South America in addition to select export opportunities over the coming decade. Dow is currently exploring specific location options on the U.S. Gulf Coast, with final investment locations to be determined at a later date. | |
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News For DOW From The Last 14 Days Check below for free stories on DOW the last two weeks. |
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| May 20, 2013 | | 08:04 EDT |  | DOW | BofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
 Subscribe for More Information | | | May 16, 2013 | | 08:08 EDT | | DOW | Dow 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 EDT |  | DOW | Dow ordered to pay $1.2B in urethane price-fixing case, Bloomberg reports
Subscribe for More Information | | | May 15, 2013 | | 07:33 EDT | | DOW | National Association of Business Economics to hos a conference
Subscribe for More Information | | | May 8, 2013 | | 07:39 EDT |  | DOW | W.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 EDT | | DOW | Dow 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 EDT | | DOW | Dow 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. | | | May 6, 2013 | | 08:30 EDT | | DOW | LyondellBasell and Dow have upside form lower ethane costs, says Morgan Stanley
Subscribe for More Information | | | 05:56 EDT | | DOW | U.S. natural gas exports helped by geopolitical debate, WSJ reports
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