Dow Chemical Company

"Dow Inc." redirects here. Not to be confused with Dow Jones & Company.

Dow Inc.
Company typePublic
IndustryChemicals
Founded1897; 127 years ago (1897)
(original company)
1 April 2019; 5 years ago (2019-04-01) (current iteration)
FounderHerbert Henry Dow
HeadquartersMidland, Michigan, U.S.
Area served
Worldwide
Key people
ProductsChemicals, plastics, performance chemicals, catalysts, coatings, hydrocarbon exploration
RevenueDecrease US$44.62 billion (2023)
Decrease US$656 million (2023)
Decrease US$589 million (2023)
Total assetsDecrease US$57.97 billion (2023)
Total equityDecrease US$18.61 billion (2023)
Number of employees
c. 35,900 (2023)
Subsidiaries
Websitedow.com
Footnotes / references
[1]

The Dow Chemical Company is an American multinational corporation headquartered in Midland, Michigan, United States. The company was among the three largest chemical producers in the world in 2021.[2] It is the operating subsidiary of Dow Inc., a publicly traded holding company incorporated under Delaware law.[3]

With a presence in around 160 countries, it employs about 36,000 people worldwide.[1] Dow has been called the "chemical companies' chemical company",[4] as its sales are to other industries rather than directly to end-use consumers. Dow is a member of the American Chemistry Council.[5]

In 2015, Dow and fellow chemical company DuPont agreed to a corporate reorganization involving the merger of Dow and DuPont followed by a separation into three different entities. The plan commenced in 2017, when Dow and DuPont merged to form DowDuPont, and was finalized in April 2019, when the materials science division was spun off from DowDuPont and took the name of the Dow Chemical Company.[6][7][8][9]

  1. ^ a b "Dow Inc. 2023 Annual Report (Form 10-K)". sec.gov. U.S. Securities and Exchange Commission. 31 January 2024.
  2. ^ "C&EN's Global Top 50 chemical firms for 2022".
  3. ^ "Form 10-K" (see Part I). U.S. Securities and Exchange Commission. Retrieved 6 November 2023.
  4. ^ "Quote from John Tysse, Dow vice-president of sales and marketing". Retrieved 28 November 2007.
  5. ^ https://businesswomen/news/home/20190401005899/en/Dow-completes-separation-DowDuPont[permanent dead link]
  6. ^ "DowDuPont Completes Spin-off of Dow Inc" (Press release). PR Newswire. 1 April 2019.
  7. ^ Baccardax, Martin (2 April 2019). "Dow Inc Debuts on NYSE, Dow Jones Industrial Average Following DowDuPont Spinoff". TheStreet.com.
  8. ^ Luck, Marissa (8 March 2019). "Dow spin-off to emerge as major chemical company". Houston Chronicle.
  9. ^ Bary, Andrew (29 March 2019). "How the Dow Spinoff Could Unlock Value and Offer a Rich Dividend". Barron's.