New York - October 04, 2011
Nippon Unicar Company, Ltd. (NUC), a 50/50 JV between The Dow Chemical Company (NYSE:DOW) and Tonen Chemical, has received a Core Partner Award from Furukawa Electric. This award is one of only five Core Partner awards given by Furakawa each year
Furukawa is a diversified manufacturer with strengths in wire and cable production, electronics & automotive systems, energy and industrial products. Receiving the Core Partner designation entitles NUC to multiple benefits including a preferential negotiation position and opportunities to meet senior management within Furukawa. This is the fifth consecutive year that NUC has received this important valued supplier award.
Furukawa executes an annual evaluation program to identify five Core Partners from among 3,000 suppliers. NUC was selected as a Core Partner based on superior quality and service, stable supply and excellent CSR record. NUC has consecutively won this award each year since 2006 when this evaluation system was introduced. In addition, NUC also won the “Award for Excellence” from Furukawa in the past two years.
|Takeshi Tachikawa, Sales Director of NUC, receives award on behalf of NUC from Furukawa|
“The past four decades has witnessed a strengthening partnership between NUC and Furukawa, one of our most strategic customers in Japan and Asia,” said Tim Laughlin, General Manager, Dow Electrical & Telecommunications (Dow E&T). “These kinds of relationships have been instrumental in elevating our presence to the power industry in this important and growing region.”
Dow E&T, which has been supplying the global power industry for nearly 60 years, works closely with NUC in the R&D, production and sales of polyethylene compounds that go primarily into high- and extra-high voltage power cables manufactured and used throughout Japan and Asia.
About Dow Electrical & Telecommunications
Dow Electrical & Telecommunications, a business unit in the Performance Plastics Division of The Dow Chemical Company (NYSE:DOW), is a leading global provider of products, technology, solutions and knowledge that sets standards for reliability, longevity, efficiency, ease of installation and protection that the power and telecommunications industries can count on in the transmission, distribution and consumption of power, voice and data. Understanding that collaboration is essential to success, Dow Electrical & Telecommunications works together with cable makers, other industry suppliers, utilities, municipalities, testing institutes and other organizations around the world to help develop solutions and create mutual value that will sustain these industries for years to come. For more information, visit www.dow.com/electrical.
About The Dow Chemical Company
Dow (NYSE:DOW) combines the power of science and technology with the "Human Element" to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 35 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
About Furukawa Electric
Furukawa Electric Company, Ltd. draws on more than a century of expertise in the development and fabrication of advanced materials for electronics, telecommunications, automotive, energy, and construction markets. With more than 39,000 employees, Furukawa Electric contributes to the realization of a sustainable society through continuous technological innovation.
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