MIDLAND, Mich., Sept. 12, 2024 /PRNewswire/ -- Dow Inc. (NYSE: DOW) today provided an update to its third quarter 2024 earnings guidance. The Company expects third quarter revenue to be approximately $10.6 billion and Operating EBITDA1 to be approximately $1.3 billion.

"The updated third quarter outlook is largely driven by a significant unplanned event that occurred in late July at one of our ethylene crackers in Texas. In addition, we are currently experiencing higher input costs and margin compression in Europe. These headwinds are partially offset by improved North America pricing and feedstock costs in Packaging & Specialty Plastics," said Jim Fitterling, chair and chief executive officer. "As we look to the fourth quarter, we expect typical seasonality in demand. However, we expect a positive impact from lower turnaround costs, higher operating rates as we ramp up our Texas cracker, and fewer weather-related events in the U.S. Gulf Coast. We remain focused on maintaining our operating and financial discipline while executing on our long-term growth levers."

MIDLAND, Mich., Sept. 10, 2024 /PRNewswire/ -- Great Place To Work® and Fortune magazine have recognized Dow (NYSE: DOW) as #1 on the list of Best Workplaces in Manufacturing & Production for 2024. This is the fourth consecutive year Dow has been named to this prestigious list and the first time atop the ranking.

The Best Workplaces in Manufacturing & Production award is based on analysis of survey responses from over 96,000 current employees at Great Place To Work Certified™ companies in the manufacturing and production industry.

MIDLAND, Mich., Sept. 9, 2024 /PRNewswire/ -- Jim Fitterling, chair and chief executive officer of Dow Inc. (NYSE: DOW), will participate in a fireside chat during the 12th Annual Morgan Stanley Laguna Conference on Thursday, September 12 at 11:45 a.m. ET.

Dow invites investors to join the live webcast through its website. A replay and transcript will also be available following the event.

TOKYO, Aug. 29, 2024 /PRNewswire/ -- Dow (NYSE:DOW) today announced the finalists of the 35th Packaging Innovation Awards (PIA). The winners will be unveiled at an award ceremony on October 24, 2024, held in conjunction with Tokyo Pack. Winning entries will also be showcased at the exhibition from October 23 to 25.

The Packaging Innovation Awards has been one of the packaging industry's premier competitions for over 30 years. It is the longest running independently judged awards created for, and by the packaging industry.

MIDLAND, Mich., Aug. 21, 2024 /PRNewswire/ -- Dow (NYSE: DOW) has been named one of the 2024 PEOPLE Companies that Care by Great Place to Work® and PEOPLE, ranking #82 on the list of 100 companies, marking the fifth consecutive year the Company has earned a spot on this prestigious list.

The PEOPLE Companies that Care List is based on more than 1.3 million employee survey responses and data from companies representing the experience of more than 8.2 million employees.

MIDLAND, Mich., Aug. 14, 2024 /PRNewswire/ -- Dow (NYSE: DOW) has declared a dividend of 70 cents per share, payable September 13, 2024, to shareholders of record on August 30, 2024.

This marks the 452nd consecutive dividend paid by the Company or its affiliates since 1912.

About DowDow (NYSE: DOW) is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.

MIDLAND, Mich., July 25, 2024 /PRNewswire/ -- Dow (NYSE: DOW):

FINANCIAL HIGHLIGHTS

GAAP earnings per share was $0.62; operating earnings per share (EPS)1 was $0.68, compared to $0.75 in the year-ago period and $0.56 in the prior quarter. Operating EPS excludes significant items in the quarter related to restructuring and efficiency costs totaling $0.06 per share.Net sales were $10.9 billion, down 4% versus the year-ago period. Sales were up 1% sequentially, driven by gains in Performance Materials & Coatings and Packaging & Specialty Plastics.Volume increased 1% versus the year-ago period, with gains led by the U.S. & Canada. Sequentially, volume increased 1%, with gains in all regions except Asia Pacific, which was flat. Excluding Hydrocarbons & Energy, volume increased 4% year-over-year and 2% sequentially.Local price decreased 4% year-over-year. Sequentially, local price increased 1%, led by gains in Europe, the Middle East, Africa and India (EMEAI).Currency decreased net sales by 1% both year-over-year and sequentially.Equity earnings were $26 million, an $83 million improvement compared to the year-ago period, driven by gains at the Kuwait and Sadara joint ventures. Sequentially, equity earnings were up $9 million.GAAP net income was $458 million. Operating EBIT1 was $819 million, down $66 million year-over-year, primarily driven by lower integrated margins and higher planned maintenance activity, which were partly offset by improved equity earnings. Sequentially, Op. EBIT was up $145 million, reflecting gains in Performance Materials & Coatings and Packaging & Specialty Plastics.Cash provided by operating activities – continuing operations was $832 million, down $515 million year-over-year and up $372 million compared to the prior quarter due to stronger cash flow conversion1 and a release of working capital.Returns to shareholders totaled $691 million in the quarter, including $491 million in dividends and $200 million in share repurchases.

In the first of dozens of lawsuits to be filed by prominent environmental attorney Stuart Calwell, Charleston resident Cathy Darlene Flint seeks environmental justice for devastating exposure

CHARLESTON, W.Va., July 24, 2024 /PRNewswire/ -- A lawsuit filed last week in Kanawha County, West Virginia, alleges that Dow Chemical (NYSE: DOW), its Union Carbide subsidiary, Bayer Crop Science LP and other companies caused Charleston resident Cathy Darlene Flint to contract cancer after prolonged exposure to the dangerous chemical ethylene oxide (EtO). According to the lawsuit, EtO is found in high concentrations throughout the local area due to the defendants' reckless negligence in producing, storing and using the chemical.

Acquisition of Circulus will add capacity of 50,000 metric tons of recycled materials annually to advance progress towards Dow's 2030 Transform the Waste goal

MIDLAND, Mich., June 20, 2024 /PRNewswire/ -- Today, Dow (NYSE: DOW) announced it has signed an agreement to acquire Circulus, a leading recycler of plastic waste into post-consumer resin (PCR). This transaction includes two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year. Dow expects the transaction to close in the third quarter of 2024, subject to customary regulatory approval.

Marks the 20th year of voluntary sustainability reporting from the CompanyIncludes comprehensive disclosures in accordance with leading standards and frameworks for accountability and transparency

MIDLAND, Mich., June 18, 2024 /PRNewswire/ -- Dow (NYSE: DOW) released its 2023 INtersections Report today, highlighting how the Company is advancing its ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world. The report also highlights Dow's environmental, social and governance commitments to deliver long-term value and best-in-class performance through innovation and strategic collaborations that will support a more sustainable future.