Dow Chemical Company
American chemical company
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| 2024 | Continued financial challenges with revenue at $42,964 million and a modest net income of $1,116 million. |
| 2023 | Decline in financial performance with revenue dropping to $44,622 million and net income reducing to $578 million. |
| 2023 | Dow Chemical Company reported annual earnings of US$0.6 billion and annual revenue of US$44.9 billion. The company's business segments were distributed as: Packaging and Specialty Plastics (51.9%), Industrial Intermediates and Infrastructure (28.1%), Performance Materials and Coatings (19.0%), and Corporate (1.0%). |
| 2022 | Continued financial performance with revenue of $56,902 million, though net income decreased to $4,558 million. |
| December 2022 | Dow Chemical Company was added to the Dow Jones Sustainability World Index. |
| 2021 | Dow Chemical Company is recognized as one of the three largest chemical producers in the world. |
| 2021 | Strong financial recovery with revenue reaching $54,968 million and net income significantly improving to $6,279 million. |
| 2020 | During the COVID-19 pandemic year, the company recovered with a net income of $1,216 million and slight increase in total assets to $61,470 million. |
| March 2020 | During the Coronavirus outbreak, Dow expanded its European hand sanitizer production and provided the product free to hospitals, demonstrating corporate social responsibility during the global pandemic. |
| 2019 | Dow Chemical Company faced a substantial financial challenge, reporting a net loss of $1,359 million and a significant reduction in total assets to $60,524 million. |
| 2019 | Dow employees won an Adhesives and Sealants Council Innovation Award for 'UV Curable Primer that Enables Hard to Bond INFUSE Olefin Block Copolymer Midsole Foams in High Performance Footwear'. |
| 2019 | Dow Chemical Company separated from DuPont, concluding the previous merger and leading to a strategic reorganization of the company's business structure. |
| June 3 2019 | Dow AgroSciences business unit was spun off into Corteva Inc, marking a significant corporate restructuring of the agricultural sciences division. |
| April 1 2019 | DowDuPont de-merged, forming Dow Inc. as an independent, publicly traded company and direct parent of The Dow Chemical Company. |
| 2018 | Revenue rebounded to $49,604 million, with net income increasing to $4,641 million and total assets growing to $83,699 million. |
| September 2018 | Dow Chemical Company's market capitalization was valued at over US$121.1 billion, with shares trading at over $67 per share. |
| 2017 | Company experienced a significant drop in net income to $465 million, despite maintaining similar total assets of $79,940 million. |
| 2017 | The class action lawsuit is settled for $375 million, though the Appellate Court noted that property owners did not prove direct damage or bodily injury. |
| September 1 2017 | Dow Chemical Company completed its merger with DuPont, marking a significant corporate transformation in the chemical industry. |
| June 30 2017 | Planned startup of a new ethylene production facility in the first half of the year, further expanding Dow's manufacturing capabilities on the U.S. Gulf Coast. |
| January 2017 | The Dow-DuPont merger was pushed back for a second time pending regulatory approvals. |
| 2016 | Dow Chemical Company reported annual revenue of $48,158 million, with a net income of $4,318 million and total assets of $79,511 million. |
| 2016 | Dow Chemical settled the price-fixing class-action lawsuit for $835 million. |
| 2015 | Dow's propane dehydrogenation (PDH) facility in Freeport, Texas was expected to come online, with an initial production capacity of 750,000 tonnes per year. |
| December 2015 | Dow Chemical Company sold part of its global herbicide business to Gowan Company, including global trademarks for pesticides like Treflan, Edge, Team, Bonalan, and Sonalan. The sale included a packaging facility in Fort Saskatchewan, Alberta, Canada, and involved herbicides known as dinitroanilines that control annual grasses and small seeded broadleaf weeds in various crops. |
| December 11 2015 | Dow reached a deal to acquire Corning Incorporated's stake in their joint venture Dow Corning for $4.8 billion in cash and approximately 40% stake in Hemlock Semiconductor Corporation. |
| December 11 2015 | Dow announced a merger with DuPont in an all-stock deal, creating DowDuPont with an estimated value of $130 billion. Andrew N. Liveris became executive chairman, and Edward D. Breen became chief executive officer. |
| March 27 2015 | Dow Chemical Company and Olin Corporation announced a merger agreement to combine their chlorine businesses, creating the world's largest chlorine producer with projected revenues of approximately $7 billion. The boards of both companies unanimously approved the definitive agreement to separate Dow's chlorine business and merge it with Olin. |
| 2014 | Dow began sponsoring Austin Dillon's #3 Chevrolet for Richard Childress Racing in the NASCAR Cup Series. |
| October 2014 | Dow Chemical Company announced new operating segments to better support end-market orientation and align with key value chains of ethylene and propylene, responding to recent leadership changes. |
| 2013 | Dow Chemical Company began developing several plants on the Gulf Coast of the US as part of a strategic transition away from naphtha, targeting multiple manufacturing segments including hygiene, medical, transportation, telecommunications, packaging, and consumer goods. |
| 2013 | A class-action civil lawsuit against Dow Chemical for price-fixing was won at a jury trial. |
| May 20 2013 | Dow launched the Dow Lab Safety Academy, a comprehensive website providing informational videos and resources demonstrating best practices in laboratory safety. The website is targeted primarily at university students but is open to all chemical industry professionals, aiming to help develop a safety mindset in the future chemical workforce. |
| February 2013 | Dow's case was appealed to the 5th Circuit court, where the company's claims were again rejected. Dow subsequently petitioned for an en banc hearing, arguing that the decision was contrary to established case law. |
| February 2013 | A federal court rejected Dow's tax shelter transactions, ruling that the schemes were designed to exploit tax code weaknesses rather than for legitimate business reasons. Dow initiated a legal case against the Internal Revenue Service seeking a tax refund. |
| 2012 | Dow launched a larger laboratory safety initiative in response to a U.S. Chemical Safety Board report highlighting potential hazards in academic chemical research laboratories. The initiative involved partnering with U.S. research universities including U.C. Santa Barbara, University of Minnesota, and Pennsylvania State University to improve safety awareness and practices. |
| 2012 | Monsanto agreed to a $93 million settlement for a case involving Agent Orange-related damages in Nitro, WV, including $9 million for home cleanup and $84 million for medical monitoring and treatment. |
| January 2011 | The Dow Chemical Company and The Nature Conservancy initiated a collaborative partnership to integrate nature's value into corporate decision-making, establishing pilot sites in North America and Latin America to develop sustainable business models focusing on ecosystem services. |
| July 2010 | Dow became a worldwide partner of the Olympic Games, with a sponsorship that extended until 2020, including a $100m (£63m) 10-year deal with the International Olympic Committee and sponsorship of the £7m Olympic Stadium wrap. |
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