Economic Prosperity

 Overview

The economic prosperity of a city, state or nation is largely dependent on the amount, and type, of business being conducted there. Payroll, taxes and corporate purchases all contribute significantly to economic health — and, indirectly to infrastructure, civic institutions and culture. In this section we have tried to share some key indicators of our impact on the Aratu Site community as well as of the economic performance of the site.

Here are some key indicators of our impact on the local community:

Capital Expenditures

Capital Expenditures
 

Data not available for 1994-1996.

Production
2001 — Power Rationing
 
Production
 

Local Purchasing
 When it comes to local purchases, we face a very difficult trade-off. As a competitive, global enterprise, we have a responsibility to actively manage our costs to a minimum. For certain products this means consolidating purchases and buying in great volume independent of the location of the supplier. However, there are other products and services that by their very nature will be bought locally, such as contract labor and certain maintenance activities. Dow's local purchasing department works closely with local suppliers to educate them about our strategic purchasing requirements.

Payroll
1999 — Local Currency Devaluation
 
Payroll
 

Data not available for 1994-1996.

Taxes
The economic prosperity of a city, state or nation is in part dependent on the amount, and type, of business being conducted there. Taxes paid by Dow to the various authorities are an important part of our economic "footprint" in a country. In 2004, Dow subsidiaries around the world paid $1,169 million in Corporate Income Taxes, Property Taxes, Employer's portion of Payroll Taxes and other non-income taxes.