Printer-friendly version of this information (26KB PDF)
Global Business Development
With sales of more than $49 billion annually, Dow is one of the largest chemical companies in the world. We sell in more than 175 countries and to a wide range of markets. The Company has a well balanced business portfolio with 180 manufacturing sites in 37 countries.
Significant growth potential
After growing net sales by 45% from 2002-2004, we grew another 15% in 2005; a year of record earnings for Dow. In 2006, we’ve established significant presence and infra-structure in important growth regions such as Asia, the Middle East and Eastern Europe.
Enhanced performance across the cycle
Our balanced product portfolio, broad geographic diversification, and focus on downstream integration helps offset the inherent volatility of the commodity markets. Cracker feedstock flexibility, hedging and access to low-cost feedstocks in oil producing countries help us mitigate the impact of volatile feedstock prices.
Solid financial management
Our healthy balance sheet and strong cash generating capabilities are recognized by analysts and rating agencies, minimizing your risk. Since 1912, we paid out dividends every quarter, either maintaining or increasing the amount throughout that time.
Respect for people and agreements
As illustrated by The Human Element campaign, we believe in the inherent worth and diversity of people and strive to honor relationships and commitments with those who let us be part of this world: employees, customers, suppliers, shareholders, and society. We are committed to conducting business ethically, legally and responsibly throughout our worldwide organization. We have 13 people policies in place and 2015 Sustainability Goals aimed at these commitments.
Corporate governance
Dow’s board is characterized by a high level of independence. In 2006, for the 5th consecutive 6-month period, Dow received the highest possible rating for corporate governance by Governance Metrics International. Only 38 of the 3,800 companies reviewed globally received the top score.
Global purchasing organization
Dow has annual non-hydrocarbon procurement needs of more than $13 billion globally, a big potential for suppliers. We have globally responsible lead buyers with decision making authority for most our major product areas. We have procurement centers around the globe to establish effective relationships with global and local suppliers of goods and services. We partner with our suppliers to pursue the principles of sustainability through Responsible Care®.
e-Commerce capabilities
Dow is a leader in the use of e-commerce in the chemical industry, resulting in significant cost savings across the value chain. We installed SAP in 1991 and to date are pursuing best-in-class technology globally. We offer increased transaction efficiency, standardized business processes and improved information sharing through the Elemica network.
Strategic partnerships
Dow strongly believes in the competitive advantage and risk reduction that joint ventures and alliances can offer. We believe in creating mutual value in the context of a business cycle, not only at a single point in time.
Industry recognition
In 2005, Dow was one of ten companies selected for Fortune magazine’s Most Admired Hall of Fame list, recognizing our strong management and community spirit.
We also received the American Chemistry Council’s Responsible Care® Sustained Excellence Award in 2005 for the 3rd consecutive year.
