CP50: Dow Chemical Co.

Company Information

Dow, Midland, Mich., is a diversified chemical company that delivers a broad range of products and services to customers in around 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products.

The Dow Chemical Co.’s history started May 18, 1897, when the company was incorporated based on Herbert H. Dow's plan to manufacture and sell bleach on a commercial scale. One year later, the first commercial scale production of bleach begin.

In 1913 Mr. Dow announces the company will exit the bleach business and the company focus shifts to the value of chlorine as a raw material.

Diversification in products, as well as employees, is evident in 1929, when Dow hires its first woman researcher, Sylvia Stoesser.

Fast forward to today, and the company enjoys annual sales of $54 billion and employs 46,000 people worldwide.

Company Officers

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    Andrew N. Liveris

    President, Chairman and CEO

    Liveris' 37-year Dow career has spanned manufacturing, engineering, sales, marketing, and business and general management. He has spent the bulk of his career in Asia, where he was general manager for the company's operations in Thailand, and later head of all Asia-Pacific operations. He began his Dow career in 1976 in Australia. He has been a member of Dow's Board of Directors since February 2004 and was elected as Chairman of the Board effective April 1, 2006.

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    Bill Weideman

    Executive Vice President and Chief Financial Officer

    Weideman joined Dow in 1976. He has had numerous controller and finance leadership assignments in his 36-year career at Dow, including controller for Texas operations and global business finance director for specialty chemicals, performance chemicals, basic chemicals and basic plastics. He was appointed vice president and corporate controller in 2006, interim chief financial officer in November 2009 and was named to his current position in 2010. He assumed responsibility for corporate strategic development and executive oversight for Dow AgroSciences in August 2012. He also is a member of the company’s executive committee. Weideman also serves on the board of Dow Corning Corp., the Dow Chemical Employees’ Credit Union, and Mid Michigan Medical Health. He also is a member of Central Michigan University Board of Trustees.

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    William F. Banholzer

    Executive Vice President and Chief Technology Officer

    Banholzer is a member of the Dow’ executive leadership committee, management committee, chairs the company’s innovation committee, and leads Dow’s research and development activities across the globe. Banholzer serves on Dow’'s venture capital board, Dow AgroSciences' members committee, the Dow Foundation, and the governing Council of the U.S. National Academy of Engineering. He is a member of the board of directors of Dow Corning Corp. and serves on the board’s corporate responsibility committee. Prior to Dow, Banholzer had a 22-year career with General Electric Co., where he was vice president of global technology at GE Advanced Materials, responsible for worldwide technology and engineering.

Investor Information

For the latest financial reports, visit: http://www.dow.com/financial/

Contact Information

  • Dow Chemical Co.
  • 2030 Dow Center
  • Midland, Mich. 48674
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Products

Dow’s diversified portfolio includes:
Dow Oil & Gas: From production enhancement to downstream fuel additives, Dow offers a growing range of integrated, value-added products and services for all segments of the oil and gas industry.

For Gas Treating, Dow’s on-site technical service and simulation systems are combined with the broadest product portfolio in the industry to help operations run more efficiently and economically.

Agriculture & Food: Dow is working with growers and food processors to help meet the world’s demand for food.  Dow AgroSciences is a top-tier agricultural company that provides technologies for crop protection, pest and vegetation management, seeds, traits, and agricultural biotechnology to serve the world's growing population. 

Dow provides a broad range of functional food ingredients, food oils, food packaging, and processing aids. Derived from cellulose, a natural, renewable ingredient, Dow’s Fortefiber helps maintain healthy levels of glucose and cholesterol to support a healthy life.  Dow also provides plastic film for baling crops for silage.

Water: Dow Water Solutions provides membranes and ion exchange resins that are used for the full spectrum water treatment applications — for drinking water and for process water critical to many industrial processes.