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Dow Chemical Co. said Thursday it plans to sell more assets in 2010 as it continues to work toward paying off debt from its $16.5 billion acquisition of Rohm and Haas in April.
Dow Chemical Co. on Tuesday said chief financial officer Geoffery Merszei will leave that post and take on the roles of president of Dow Europe, Middle East and Africa, chairman of Dow Europe and executive vice president of The Dow Chemical Co.
Better but not good was the third-quarter message from Dow Chemical Co., which produces basic ingredients used to make everything from automobiles to toys and diapers.
Dow Chemical Co. said Tuesday it priced a $2.75 billion public debt offering, and will use the proceeds to help repay a loan used to acquire smaller rival Rohm & Haas Co. for $16.5 billion earlier this year.
Dow Chemical Co. posted a second-quarter loss Thursday on charges related to the buyout of a smaller rival and dismal sales, yet the company turned an unexpected profit excluding one-time charges. Shares rose more than 7 percent.
Dow Chemical Co. said Wednesday it will close three Louisiana plants as part of a shift away from basic chemicals toward the lucrative business of specialty chemicals.
Dow Chemical shareholders narrowly approved a proposal Thursday to have nonbinding say on executive compensation.
Dow Chemical Co. announced a plan Friday to retire preferred shares used for its recent buyout of Rohm & Haas, a move that will save it millions in dividend payments.
Dow Chemical Co. said Tuesday it hopes to sell about $1.63 billion in common stock to pay down debt related to its recent acquisition of Rohm & Haas Co.
Dow Chemical posted a 97 percent drop in first-quarter profit on Thursday as big commercial clients and consumers cut back heavily on spending, though results easily beat Wall Street expectations.
Having completed its $16.5 billion buyout of Rohm & Haas, Dow Chemical Co. said it will sell Morton Salt to German fertilizer maker K+S Aktiengesellschaft in a deal valuing the former Rohm & Haas unit at $1.675 billion.
Dow Chemical Co. said Wednesday it has closed on its $16.5 billion buyout of Rohm & Haas Co., a deal that it hopes will fuel growth in the high-margin specialty chemicals market.
The chairman, president and chief executive of Dow Chemical Co. received compensation valued at $12.8 million in 2008, a 14 percent decrease from the $14.9 million he received the previous year, according to an Associated Press analysis of a regulatory filing.
Gerald Crouterfield believes in the power of prayer, and good fortune.
Dow Chemical has agreed to complete its disputed $15 billion buyout of Rohm & Haas, but the combined company will shed thousands of additional jobs and freeze salaries this year.
Dow Chemical Co. reported a $1.55 billion fourth-quarter loss Tuesday as a deteriorating global economy led to a 23 percent drop in sales and huge job cuts.
Dow Chemical Co. said Friday it would cut between 400 to 500 jobs near its Midland, Mich., headquarters as part of a previously announced global layoff plan.
Dow Chemical is in talks with Rohm & Haas to close its proposed $15.4 billion buyout of the specialty chemicals maker after federal regulators approved the deal, both companies said Friday.
Kuwait's Commerce and Industry minister says the government of this small oil-rich state is confident it will not have to pay a penalty for withdrawing from a $17.4 billion joint-venture with U.S. giant Dow Chemical Co.
With a contractual deadline looming for Dow Chemical's $15.3 billion buyout of Rohm & Haas, the nation's biggest chemical maker must weigh taking on a much heavier debt load against a daily penalty of about $3 million if it choses to delay closing the deal.
Dow Chemical will pursue legal action against a state-owned Kuwaiti company that scuttled a $17.4 billion joint venture just days before the deal was to close, and said Tuesday that talks for a similar arrangement with other investors are already under way.
Kuwait's decision to scrap a $17.4 billion joint venture with U.S. giant Dow Chemical has triggered warnings that the oil-rich Gulf nation's fractious politics could undercut efforts to kick-start stalled economic development plans.
A year-end surprise has left the nation's largest chemical company scrambling to salvage a deal it had hoped would make riding out a recession a little easier.
Rohm & Haas Co. said its proposed acquisition is still in effect even though the Kuwaiti government has canceled a $17.4 billion joint venture with U.S. petrochemical company Dow Chemical Co.
Kuwait's government on Sunday scrapped a $17.4 billion joint venture with U.S. petrochemical giant Dow Chemical after criticism from lawmakers that could have led to a political crisis in this small oil-rich state.
Dow Unveils Solar Shinglesthe solar shingles can offset between 40 percent and 80 percent of a home's electricity consumption.
Victims Of The "World's Worst Industrial Disaster" Continue To Wait For Justice, 25 Years After The Crime | NEWS JUNKIE POSTThe man and the company behind the death of 20,000 people continue to avoid the authorities, 25 years after the crime.
US Top Court Won't Review 'Agent Orange' LawsuitsThe Supreme Court let stand on Monday the dismissal of lawsuits by Vietnamese nationals and US military veterans against Dow Chemical Co, Monsanto Co and other chemical makers over the use of the herbicide Agent Orange during the Vietnam War.
The Gag Guerillas Take on the World, go to Berlin film festQUOTE: "Identity Correction" is how the duo refers to their strategy. And the goal is clear: to throw a wrench in the gears of business-as-usual.
Dow Chemical to cut 5,000 jobs"Dow Chemical Co. said Monday it will streamline its business by cutting about 5,000 jobs, closing plants and shedding assets. In response to poor market conditions, Midland, Mich.-based Dow (DOW, Fortune 500) said it will eliminate about 11% of its global workforce.
Home-grown Gardens Across Britain Ruined by Toxic Dow Herbicide which Contaminated Fertiliser and the Food ChainGardeners across Britain are reaping a bitter harvest of rotten potatoes, withered salads and deformed tomatoes after an industrial herbicide tainted their soil.
Dow Ordered to clean up area by HQDow Chemical on Wednesday was ordered to clean up dioxin in homes and yards downstream of its Michigan headquarters, after dumping dioxin-laden chemicals in nearby rivers for decades.
This Isn't Good: Dow Chemical Raises Prices 20% Almost Overnight. There was barely a whimper when the price of oil raced passed key milestones this decade – $50 (U.S.) a barrel, $80, even $100. But with oil gaining strength at more than $130 a barrel, "shock" and "panic" have suddenly entered the popular lexicon.
Misreading the Cuba Vote - TIMENeither the Cuban exiles,nor the administration in Washington DC has learnt any lesson form their anti Castro stance.
U.S. environmental regulatory official forced out after dispute with Dow Chemical[Excerpt:] - A regional U.S.
Xerox is victim of activists' hoaxApparently, "Rising Tide" is being cute:
Dow Chemical Launches Social Networking ProjectThe Dow Chemical Co. Wednesday is set to announce plans to launch a social networking project in December that will provide a new way for former employees, retirees and current employees to communicate about full-time and contract job openings at the firm.
Putting E. coli to workUsing bacteria to convert bio-waste into usable ethanol.
Dow chemical's kick-back and corruption Dow must have seen this coming when they launched their Human Element PR campaign. Maybe not, their standard business has enough reason to need spin though it's always settled for a pittance, a slpa on the wrist and no admission of guilt.
Dow Chemical's poisoning of the Tittabawassee River Still goes Unpunished, Lengthy Court DelaysThe dioxin contamination stretches 22 miles downstream of the Dow Chemical Corporation's world headquarters and manufacturing plant located in Midland, MI. The Tittabawassee River connects to the Saginaw River and then flows out to the Saginaw Bay and Lake Huron.
Agent Orange victims still fighting for justiceIt is impossible to ignore Agent Orange in Vietnam.
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