Dow Inc. is a leading materials science company, serving customers in high-growth markets such as packaging, infrastructure, mobility, and consumer applications. The company's core business model leverages global breadth, asset integration, focused innovation, and a commitment to sustainability. Dow's primary revenue streams come from the sale of materials science products. The company operates manufacturing sites in 31 countries. Dow aims to be the most innovative, customer-centric, inclusive and sustainable materials science company.

• Employees: 35,900 (as of December 31, 2023)
• Geographic Footprint: 31 countries
• Headquarters: Midland, Michigan
• Founded: 2018 (Dow Inc.), 1897 (The Dow Chemical Company)
• Number of locations/facilities: 98 manufacturing sites
• Revenue: $45 billion (FY2023)
• Key Subsidiaries/Brands: The Dow Chemical Company, Union Carbide, Dow Silicones

• CEO: Jim Fitterling (since August 2018)
• CFO: Jeffrey L. Tate (since November 2023)
• Chief Human Resources Officer: Lisa Bryant (since November 2022)
• President, Packaging & Specialty Plastics: Karen S. Carter (since November 2022)
• President, Performance Materials & Coatings: Mauro Gregorio (since February 2020)
• President, Industrial Intermediates & Infrastructure: Jane M. Palmieri (since February 2020)
• Board Chair: Jim Fitterling (since April 2020)

Key executives have extensive experience in their respective fields, with many holding previous leadership roles within Dow or other major corporations.

• Annual Revenue: $45 billion (FY2023)
• Net Income: $589 million (Dow Inc.) and $556 million (TDCC)
• Market Cap: $37.4 billion (as of June 30, 2023)
• Total Assets: $58.0 billion (Dow Inc.)
• Employees: 35,900 (as of December 31, 2023)
• Key Financial Highlights: Net sales decreased by 22% compared to 2022, primarily due to lower prices and demand. Net income also decreased significantly.

Dow's main product categories and services include:

• Packaging & Specialty Plastics: Polyolefin products, supported by proprietary catalyst and manufacturing process technologies. Includes hydrocarbons and energy.
• Industrial Intermediates & Infrastructure: Ethylene oxide and propylene oxide derivatives, as well as downstream, customized materials and formulations. Includes industrial solutions and polyurethanes & construction chemicals.
• Performance Materials & Coatings: Acrylics-, cellulosics-, and silicone-based technology platforms for architectural and industrial coatings, home care, personal care, consumer and electronics, mobility and transportation, industrial and chemical processing, and building and infrastructure end-markets.

The Company operates through three main segments:

• Packaging & Specialty Plastics: Consists of Hydrocarbons & Energy and Packaging and Specialty Plastics businesses.
• Industrial Intermediates & Infrastructure: Consists of Industrial Solutions and Polyurethanes & Construction Chemicals businesses.
• Performance Materials & Coatings: Consists of Coating Materials and Performance Monomers and Consumer Solutions businesses.

Revenue breakdown by segment is available in the financial statements; however, specific percentage contributions are not provided.

Dow's current strategic priorities include:

• Decarbonizing its operations and value chain.
• Transforming plastic waste into circular and renewable solutions.
• Investing in growth opportunities in attractive end-markets.
• Focusing on resource efficiency and integrating recycled content and renewable feedstocks into production processes.
• Advancing its sustainability strategy to lead the transition to a sustainable planet and society.
• Enhancing competitiveness through investments in alkoxylation capacity, polyurethane systems, and silicone intermediates.

Dow operates in the materials science industry, which is characterized by:

• Market Position: Dow is one of the world's leading materials science companies.
• Key Competitors: Competitors include Chevron Phillips Chemical, ExxonMobil, INEOS, LyondellBasell, SABIC, and others.
• Industry Trends: Key trends include increasing demand for sustainable and circular solutions, pressure to reduce greenhouse gas emissions, and shifts in consumer preferences.

• Climate Change Risks: Risks related to climate change, including extreme weather events, regulatory changes, and the ability to meet carbon neutrality goals.
• Public Health Crises: Potential negative impacts from public health crises on manufacturing operations, supply chains, and workforce.
• Macroeconomic Risks: Risks related to global economic conditions, market volatility, and changes in interest and currency exchange rates.
• Operational Risks: Risks related to supply chain disruptions, cybersecurity threats, and significant operational events.
• Plastic Waste: Risks related to increased concerns about plastic waste, demand for substitute materials, and new regulations related to plastic waste.