Dow expands Protect the Climate targets to include climate adaptation benchmarks focused on water and nature This reflects Dow's holistic approach to climate protection, considering both climate change mitigation and adaptation MIDLAND, Mich., May 16, 2024 /PRNewswire/ -- Dow (NYSE: DOW) today announced it will expand its Protect the Climate targets by setting distinct milestones for climate change mitigation that focus on water and nature conservation. These targets include: By 2030, Dow will implement a r ...

Dow earns placement on the list for the 7th consecutive year MIDLAND, Mich., May 14, 2024 /PRNewswire/ -- Dow (NYSE: DOW) advanced to the #3 placement on the Fair360 2024 Top 50 Companies list and remains in the top 10 for the second consecutive year. The Fair360, formerly DiversityInc, Top 50 Companies list has been the external validator for large U.S. employers that model fairness in their talent strategies, workplace and supplier diversity practices, and philanthropic engagement since 2001. This ranking ...

Dow Inc. (DOW) recently stated that it has agreed to sell its flexible packaging laminating adhesives business, which is part of Dow's Packaging & Specialty Plastics unit, to Arkema, a specialty materials company. This deal allows the company to focus even more on core, high-value downstream operations. The proceeds from this transaction will go toward Dow's capital allocation goals, which include advancing growth initiatives and creating long-term shareholder value. Arkema will acquire five manufacturing f ...

One-third of your wealth should be in securities, one-third should be in real estate, and one-third should be in jewelry and art. So went an investment maxim of the Rothschild family, “arguably the most successful (in a financial sense) in history.” Securities, especially stocks, are the best, both from the buy side and the sell side. Buying securities online in my Bank of America account would be commission-free. I just listed my house for sale at a 5% commission. For commercial real estate, it can be 10%. ...

Dow Inc (NYSE:DOW) stock was last seen down 1.4% at $56.45, after running into resistance at the $58 region as it attempted to recover from a pullback from its April 4, 52-week high of $60.69. This creates the perfect opportunity for traders to buy the dip on a stock that sports a 15.8% six-month lead, especially as it sits near a trendline with historically bullish implications. Specifically, Dow stock's recent dip placed it within striking distance of its 100-day moving average. According to Schaeffer's S ...

Industry Leaders Work Together to Reduce Emissions in Adhesive Products BRIDGEWATER, N.J., April 30, 2024 /PRNewswire/ -- Henkel Adhesive Technologies, Kraton Corporation, and Dow Inc. have achieved a reduction in product carbon footprint for two of Henkel's North American flagship products for end-of-line packaging: TECHNOMELT® SUPRA 100 and TECHNOMELT® SUPRA 106M. Today, Henkel Adhesives Technologies, Kraton Corporation and Dow Inc. announced that TECHNOMELT® SUPRA 100 LE and TECHNOMELT® SUPRA 106M LE des ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 March 31, 2024 For the quarterly period ended or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to__________ State of Commission Exact Name of Registrant as Specified in its Charter, Incorporation or I.R.S. Employer File Number Principal ...

财务数据和关键指标变化 - 第一季度净销售额为108亿美元,同比下降9%,环比增长1% [6][7] - 第一季度营业EBIT为6.74亿美元,同比下降3400万美元,环比增长1.15亿美元 [8] - 第一季度经营活动产生的现金流为4.6亿美元,过去12个月现金流转换率为94% [9] 各条业务线数据和关键指标变化 - 包装和特种塑料业务EBIT为6.05亿美元,同比下降3700万美元,主要受到整合利润率下降影响 [10][11] - 工业中间体和基础设施业务EBIT为8700万美元,同比下降3600万美元,主要受到价格下降影响,但被能源和原料成本下降、权益收益改善和聚氨酯及建材销量增长所抵消 [12] - 性能材料和涂料业务EBIT为4100万美元,同比增长600万美元,主要受益于销量增长和运营率提高 [13] 各个市场数据和关键指标变化 - 美国和加拿大市场销量下降,欧洲中东非洲和印度市场价格小幅上涨,而亚太市场价格下降 [7] - 中国工业生产和零售销售均有所改善,但房地产市场仍然疲弱 [18] - 印度制造业PMI指数达到3年多来的最高水平,东盟制造业PMI指数达到11个月来的最高水平,墨西哥工业生产持续增长 [18] 公司战略和发展方向及行业竞争 - 公司正在加大投资,包括在阿尔伯塔省福特萨斯卡彻温市建设首个氢燃料乙烯裂解装置,以及与宝洁合作开发新的塑料回收技术 [26][28] - 公司正在执行降碳和循环经济战略,预计到2030年将带来超过5亿美元的增量EBITDA [28] - 公司在成本优势和多元化终端市场的参与度方面具有竞争优势,有利于在经济周期中保持盈利能力 [24] 管理层对经营环境和未来前景的评论 - 管理层对宏观经济环境持谨慎乐观态度,预计第二季度业绩将较第一季度有所改善 [15][19][20] - 管理层认为,随着库存水平降低和需求改善,公司有望在未来几个季度实现持续的销量增长 [37][40] - 管理层表示,公司正在执行财务和运营纪律,通过投资项目和成本优势来提升盈利能力,为未来的上行周期做好准备 [24][29] 问答环节重要的提问和回答 问题1 **Hassan Ahmed 提问** 询问全球乙烯和聚乙烯供需格局 [36] **Jim Fitterling 回答** 公司在成本优势地区的运营率较高,欧洲和中国的运营率受到压力,但公司在欧洲通过灵活的原料选择获得优势 [37] 问题2 **David Begleiter 提问** 询问公司是否能够实现之前给出的全年EBITDA目标 [39] **Jim Fitterling 回答** 公司有信心实现之前给出的全年EBITDA目标6.4-6.5亿美元,并有望超额完成 [40] 问题3 **Vincent Andrews 提问** 询问包装和特种塑料业务第二季度EBIT增长150百万美元的具体来源 [42] **Jim Fitterling 回答** 主要来自于全球聚乙烯整合利润率改善、亚根蒂纳巴伊亚布兰卡项目恢复运营,但部分被萨宾项目的维修成本所抵消 [44]

财务数据 - 公司上季度净销售额为108亿美元，同比下降9%，环比增长1%[3] - 公司上季度营业利润为6.74亿美元，同比下降3400万美元，环比增加1.15亿美元[3] - 公司上季度营业利润率为6740万美元，同比增加3800万美元，环比增加1.78亿美元[3] - 包装与特种塑料部门销售额同比下降11%，价格下降8%，销量下降3%[4] - 包装与特种塑料部门营业利润同比下降3700万美元，利润率增加60个基点[4] - 公司第二季度净销售额预计约为110亿美元，营业利润预计为负7000万美元，营业利润率预计为负6500万美元[6] 市场趋势 - 美国化工铁路车平均发货量同比增加4.3%[5] - 中国工业生产同比增长4.5%[5] 未来展望 - 公司定位为全球领先，通过战略优势地位实现增长，预计到本年中将实现每年约20亿美元的EBITDA增长[8] - 公司计划通过商业化300万吨/年的循环和可再生解决方案来减少温室气体排放，实现每年约30亿美元的增长[9] - 公司计划通过高价值增长投资实现每年超过3亿美元的收益，同时保持资本结构的稳健[10] 其他信息 - 公司自由现金流收益率为7.1倍，超过同行业平均水平[7] - 公司将于2024年5月16日举行投资者日活动，分享关于收益增长、战略执行、脱碳路线图和资本分配等方面的信息[11] - 公司在2024年第一季度的合营企业财务结果中，Sadara合资企业的销售量增加，库威特和泰国合资企业受计划性停机影响[14]

Dow Inc. (DOW) logged profits (on a reported basis) of $516 million or 73 cents per share in first-quarter 2024. This compares to a loss of $93 million or 13 cents per share a year ago. Barring one-time items, adjusted earnings were 56 cents per share for the reported quarter, down from 58 cents a year ago. The figure topped the Zacks Consensus Estimate of 47 cents. Dow recorded net sales of $10,765 million for the quarter, down roughly 9% year over year. It beat the Zacks Consensus Estimate of $10,699.4 mi ...