Dow is now 100 percent owner of Dow Corning Corporation, after successfully completing the transaction to restructure its ownership. Dow Corning’s industry-leading silicones position will bring a new element of growth to Dow and will be a cornerstone in building the New Dow – the world’s leading materials science company.


The integration of Dow Corning’s industry-leading silicones business will be a catalyst for creating tremendous opportunities for Dow’s stakeholders. Among the anticipated benefits:

  • Customer success. Bringing the two companies together will result in expanded product offerings, increased geographic reach and enhanced R&D power to help customers compete and win in the marketplace.
  • Greater shareholder value. The transaction is expected to yield $1 billion of EBITDA into Dow at full run-rate synergies.
  • Business growth. Growth synergies will be driven by growing in key business areas, new cross-selling opportunities, and expanded R&D power to bring innovations to customers faster.
  • Expanded solutions portfolio. Dow Corning’s silicone position brings an entirely new chemistry to Dow and deepens Dow’s product offerings in attractive end-use applications such as building and construction, consumer care, and automotive.
  • Career diversity. A strong, growing and global company will bring employees new opportunities for professional growth, new career paths and new collaborations with colleagues and customers around the world.
  • Continued community support. The combined companies will continue the legacy of community commitment that is the hallmark of both organizations.


100% of synergies arising from restructuring of ownership of DCC. Expected to be accretive to operating EPS, operating cash flow and free cash flow in Year 1.

Increases channels-to-market through Dow’s market-facing businesses.

Leverage Dow’s low-cost back-office.


A Heritage of Innovation

Dow and Dow Corning share 73 years of history as a joint venture partner and heritage of innovation through chemistry. As we build for the future together, we will build on the essential elements that have always defined us. This includes our commitments to safety, to the communities in which we operate and to developing solutions for the challenges of tomorrow.



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