Public | |
Traded as | : DOW S&P 500 Component |
Industry | Chemicals |
Founded | 1897 |
Founder | Herbert Henry Dow |
Headquarters | Midland, Michigan, U.S |
Area served
|
Worldwide |
Key people
|
Andrew N. Liveris (Chairman, President and CEO) |
Products | Chemicals, plastics, performance chemicals, catalysts, coatings, crop technology, crude oil and natural gas exploration and production |
Revenue |
$ 48.158 billion (FY 2016) |
$ 3.520 billion (FY 2016) | |
Profit | $ 4.404 billion (FY 2016) |
Total assets | $ 79.511 billion (FY 2016) |
Total equity | $ 27.229 billion (FY 2016) |
Subsidiaries |
Dow AgroSciences, LLC. Union Carbide Corp. Rohm and Haas ANGUS Chemical Company Dow Roofing Systems |
Website | www |
$ 48.158 billion (FY 2016)
The Dow Chemical Company, commonly referred to as Dow, is an American multinational chemical corporation headquartered in Midland, Michigan, United States. As of 2007, it is the second-largest chemical manufacturer in the world by revenue (after BASF) and as of February 2009, the third-largest chemical company in the world by market capitalization (after BASF and DuPont). It ranked second in the world by chemical production in 2014.
Dow manufactures plastics, chemicals, and agricultural products. With a presence in about 160 countries, it employs about 54,000 people worldwide. The company has seven different major operating segments, with a wide variety of products made by each one. Dow's 2012 sales totaled approximately $57 billion. Dow has been called the "chemical companies' chemical company" in that most of its sales are to other industries rather than end-users. Dow sells directly to end-users primarily in the human and animal health and consumer products markets.
Dow is a member of the American Chemistry Council. The company tagline is "Solutionism".
Dow is a large producer of plastics, including polystyrene, polyurethane, polyethylene, polypropylene, and synthetic rubber. It is also a major producer of ethylene oxide, various acrylates, surfactants, and cellulose resins. It produces agricultural chemicals including the pesticide Lorsban and consumer products including Styrofoam. Some Dow consumer products including Saran wrap, Ziploc bags and Scrubbing Bubbles were sold to S. C. Johnson & Son in 1997.