
Dow Inc. is a major producer of plastics, with performance plastics making up 25% of its sales. The company's plastics include polyolefins such as polyethylene and polypropylene, as well as polystyrene, which is used to produce Styrofoam insulating material. Dow's plastics are used in a variety of industries, including automotive and construction, and can be found in products ranging from diaper liners to beverage bottles and oil tanks. In 2023, Dow's Packaging & Specialty Plastics segment generated a revenue of 23.15 billion U.S. dollars, making it the company's highest revenue-generating segment.
Characteristics | Values |
---|---|
Revenue from packaging and specialty plastics | $23.15 billion |
Percentage of sales from performance plastics | 25% |
Percentage of sales from basic plastics | 26% |
Types of plastics produced | Polyethylene, polypropylene, polycarbonate, polystyrene, polyvinylidene chloride |
What You'll Learn
- Dow's Packaging & Specialty Plastics segment generates the most revenue for the company
- Performance plastics make up 25% of Dow's sales
- Basic plastics make up 26% of sales
- Dow's first plastic products were ethylcellulose and polystyrene
- Dow produces agricultural chemicals including the pesticide Lorsban
Dow's Packaging & Specialty Plastics segment generates the most revenue for the company
Dow is a major producer of ethylene oxide, various acrylates, surfactants, and cellulose resins. Performance plastics make up 25% of Dow's sales, with many products designed for the automotive and construction industries. The plastics include polyolefins such as polyethylene and polypropylene, as well as polystyrene used to produce Styrofoam insulating material. Dow manufactures epoxy resin intermediates including bisphenol A and epichlorohydrin. Saran resins and films are based on polyvinylidene chloride (PVDC).
Basic plastics make up 26% of Dow's sales and end up in everything from diaper liners to beverage bottles and oil tanks. Dow's agricultural sciences business unit, which was spun off into Corteva Inc in 2019, provides 7% of sales and is responsible for a range of insecticides, herbicides, and fungicides.
Dow began producing plastic resins in the 1930s, which would grow to become one of the corporation's major businesses. Its first plastic products were ethylcellulose, made in 1935, and polystyrene, made in 1937. In 2017, Dow sold 50% of its interest in five global businesses, including polyethylene, polypropylene, and polycarbonate plastics, for $9.5 billion.
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Performance plastics make up 25% of Dow's sales
Dow Inc. is a major producer of plastics, with its Packaging & Specialty Plastics segment being the highest revenue-generating segment of the company. In 2023, this segment generated a revenue of 23.15 billion U.S. dollars. Performance plastics make up 25% of Dow's sales, with many products designed for the automotive and construction industries. The plastics include polyolefins such as polyethylene and polypropylene, which Dow sold 50% of its interest in for $9.5 billion, and polycarbonate plastics. Other plastics produced by Dow include polystyrene, used to produce Styrofoam insulating material, and Saran resins and films, which are based on polyvinylidene chloride (PVDC).
Dow's history of plastic production dates back to the 1930s, when it began producing plastic resins. Its first plastic products were ethylcellulose, made in 1935, and polystyrene, made in 1937. Since then, plastic production has grown to become one of the corporation's major businesses.
In addition to performance plastics, Dow also generates sales from basic plastics, which account for 26% of sales. These basic plastics are used in a wide range of products, from diaper liners to beverage bottles and oil tanks. Dow is also a major producer of agricultural chemicals, including insecticides, herbicides, and fungicides, which provide 7% of the company's sales. The company's agricultural business unit, Dow AgroSciences, was spun off into Corteva Inc. in 2019.
Overall, Dow's plastic production and sales are a significant contributor to the company's revenue, with performance plastics and basic plastics combined accounting for over 50% of the company's sales. The company's diverse range of plastic products, from performance plastics used in the automotive and construction industries to basic plastics found in everyday items, showcases Dow's prominent role in the global plastics market.
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Basic plastics make up 26% of sales
Dow Inc. is a major producer of plastics, with its plastics segment being its highest revenue-generating segment. In 2023, the company's Packaging & Specialty Plastics segment generated a revenue of 23.15 billion U.S. dollars. Basic plastics make up 26% of sales, with performance plastics making up 25% of sales. Basic plastics are used in a wide range of products, from diaper liners to beverage bottles and oil tanks.
Dow's plastics business has a long history, dating back to the 1930s when the company first started producing plastic resins. Its first plastic products were ethylcellulose, produced in 1935, and polystyrene, produced in 1937. Over the years, Dow has expanded its plastics business and now offers a range of products, including polyethylene, polypropylene, and polycarbonate plastics.
Dow's plastics are used in various industries, including automotive and construction. The company's performance plastics are designed for these industries and include polyolefins such as polyethylene and polypropylene. These plastics are used to produce a range of products, from packaging to insulating materials.
In addition to its plastics business, Dow also produces agricultural chemicals and consumer products. The company's Agricultural Sciences business unit provides 7% of sales and offers a range of insecticides, herbicides, and fungicides. Dow's consumer products include well-known brands such as Styrofoam, Saran wrap, Ziploc bags, and Scrubbing Bubbles.
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Dow's first plastic products were ethylcellulose and polystyrene
Dow Inc. is a major producer of plastics, with performance plastics making up 25% of its sales. Its basic plastics make up 26% of sales, and end up in everything from diaper liners to beverage bottles and oil tanks. Dow's Packaging & Specialty Plastics segment is the highest revenue-generating segment of the company, with a revenue of 23.15 billion U.S. dollars in 2023.
Dow's first plastic products were ethylcellulose, made in 1935, and polystyrene, made in 1937. Ethylcellulose is a cellulose resin, and polystyrene is used to produce Styrofoam insulating material. Dow also produces epoxy resin intermediates, including bisphenol A and epichlorohydrin. Saran resins and films are based on polyvinylidene chloride (PVDC).
Dow's plastics include polyolefins such as polyethylene and polypropylene. In 2019, Dow sold 50% of its interest in these plastics, as well as polycarbonate plastics, for $9.5 billion.
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Dow produces agricultural chemicals including the pesticide Lorsban
Dow Inc. is a major producer of plastics, with performance plastics making up 25% of its sales. Its plastic products include polyolefins such as polyethylene and polypropylene, as well as polystyrene, which is used to produce Styrofoam insulating material. Dow's Packaging & Specialty Plastics segment is the highest revenue-generating segment of the company, bringing in $23.15 billion in 2023. Basic plastics make up 26% of sales and are used in everything from diaper liners to beverage bottles and oil tanks.
Dow also produces agricultural chemicals, including the pesticide Lorsban, which is manufactured by Dow Agrosciences, a subsidiary of Dow Chemical Company. Lorsban is the brand name for chlorpyrifos, a popular product that is used to control foliage and soil-borne insect pests on a variety of crops, including corn, soybeans, fruit and nut trees, and row crops. It was once approved for residential uses but was banned for home use in 2001 due to the risk to children's health.
Lorsban has been the subject of lawsuits, with plaintiffs arguing that Dow failed to adequately warn consumers about the dangers of the product. They claim that Dow knew or should have known that Lorsban was not safe for its intended uses and that its labelling lacked the necessary warnings. For example, plaintiffs argue that Dow should have warned that chlorpyrifos transforms into oxon after being introduced to chlorinated water and that both chlorpyrifos and oxon are hazardous to the developing nervous systems of animals.
Dow has defended its product, running an ad depicting a world without fruits and vegetables when environmental and community groups pressed for restrictions on Lorsban in 2010.
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Frequently asked questions
Dow's basic plastics make up 26% of its sales, and its performance plastics make up 25% of its sales.
Dow's performance plastics include polyolefins such as polyethylene and polypropylene, as well as polystyrene.
Dow's basic plastics end up in everything from diaper liners to beverage bottles and oil tanks.
Dow is also a major producer of ethylene oxide, various acrylates, surfactants, and cellulose resins. It produces agricultural chemicals including the pesticide Lorsban and consumer products including Styrofoam.
Some of Dow's consumer products include Saran wrap, Ziploc bags, and Scrubbing Bubbles.