Dow Inc. has stunned investors by slashing its third-quarter 2024 revenue forecast by a staggering $500 million due to an unplanned incident at its Texas ethylene plant. The chemicals giant now expects to pull in $10.6 billion, down from an earlier estimate of $11.1 billion. This drastic revision comes amid a confluence of woes, including […]
Dow Chemical Company said that it will build a net-zero carbon emissions integrated ethylene cracker and derivatives complex at Fort Saskatchewan, Alberta Canada as part of its efforts to achieve carbon neutrality by 2050. The project will increase the company’s ethylene and polyethylene production capacity at its Fort Saskatchewan location by more than three times. It […]
US commodity chemical company Dow has agreed to sell its acetone derivatives business to Altivia Ketones & Additives, an affiliate of Altivia Petrochemicals, for an undisclosed amount. In addition to the Institute Industrial Park, the sale involves Dow’s acetone derivatives business and associated chemical manufacturing assets at Institute, West Virginia, US. However, Dow with ownership […]