Difference between revisions of "Dow Chemical"
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[[Dow Chemical]] is a US multinational chemical company that offers a broad range of products and services to customers in more than 175 countries. Products include food and pharmaceuticals. Dow has annual sales of around $49 billion and employs 43,000 people worldwide. | [[Dow Chemical]] is a US multinational chemical company that offers a broad range of products and services to customers in more than 175 countries. Products include food and pharmaceuticals. Dow has annual sales of around $49 billion and employs 43,000 people worldwide. | ||
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== Agent Orange == | == Agent Orange == | ||
| − | Dow, along with Monsanto, supplied the US military with Agent Orange during the Vietnam war. This is a chemical defoliant which contains dioxin. Suring the war, dioxin from the defoliant found its way into the food chain and was linked to an increase in birth defects among Vietnamese people. In 2005, a lawsuit was filed by Vietnamese victims of Agent Orange against Dow and Monsanto. The companies argued that no link has been proved between Agent Orange and the alleged health problems and also that the companies could not be held responsible for the manner in which their products were used. | + | Dow, along with Monsanto, supplied the US military with Agent Orange during the Vietnam war. This is a chemical defoliant which contains dioxin. Suring the war, dioxin from the defoliant found its way into the food chain and was linked to an increase in birth defects among Vietnamese people. In 2005, a lawsuit was filed by Vietnamese victims of Agent Orange against Dow and Monsanto. The companies argued that no link has been proved between Agent Orange and the alleged health problems and also that the companies could not be held responsible for the manner in which their products were used.<ref>[http://news.bbc.co.uk/1/hi/world/americas/4305287.stm 'Agent Orange lawsuit opens in US'], ''BBC'', 1 March 2005.</ref> The lawsuit was dismissed.<ref>[http://www.nationmultimedia.com/homeUS-won-t-compensate-Vietnam-s-Agent-Orange-victims-30005755.html 'US won't compensate Vietnam's Agent Orange victims: official'], ''The Nation (Thailand)'', 5 June 2005.</ref> In 2006, a court in South Korea ordered Dow and Monsanto to compensate South Korean veterans of the Vietnam War and their families for Agent Orange-related injuries.<ref>[http://www.nbcnews.com/id/11037756/ns/world_news-asia_pacific/t/court-rules-against-us-firms-agent-orange/#.V4TUDbgrKUk 'Court rules against U.S. firms on Agent Orange'], ''NBC News'', 26 January 2006.</ref> |
== Board of directors == | == Board of directors == | ||
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== Finances == | == Finances == | ||
| − | In 2005 the company has operating profits of $5.4 billion | + | In 2005 the company has operating profits of $5.4 billion<ref>'Top 50 Chemical Producers', Chemical and Engineering News, Vol. 84, Issue 20 (May 15, 2006), pp 10-15.</ref> |
In 2005 sales were $46.3 billion. | In 2005 sales were $46.3 billion. | ||
In 2006 first-quarter net earnings were $1.2 billion. | In 2006 first-quarter net earnings were $1.2 billion. | ||
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:Fax: +1 989-832-1556 | :Fax: +1 989-832-1556 | ||
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Latest revision as of 13:44, 27 January 2017
|
This article is part of the Spinwatch Fracking Portal and project |
Dow Chemical is a US multinational chemical company that offers a broad range of products and services to customers in more than 175 countries. Products include food and pharmaceuticals. Dow has annual sales of around $49 billion and employs 43,000 people worldwide.
The company's vision is "To be the largest, most profitable, and most respected chemical company in the world".
Dow Chemicals is an active member of the American Chemistry Council, and an active partner in different programs and initiatives in both the World Bank and United Nations.
Contents
Joint ventures
Dow has joint ventures with the following companies:
Compañía Mega, S.A. Dow Corning Corporation EQUATE Petrochemical Co. K.S.C. Equipolymers MEGlobal Univation Technologies
Subsidiaries
Dow also has a number of subsidiaries, including:
Dow AgroSciences is a global leader in providing pest management, agricultural seed and biotechnology products. Dow AgroSciences has approximately 5,500 people in more than 50 countries dedicated to its business, and has worldwide sales of US $3.4 billion.
Dow Agrosciences UK is part of Dow AgroSciences and develops and manufactures products in the following areas: Cereals | Grassland | Oilseed Rape | Potatoes | Sugar Beet | Fruit Crop | Vegetables | Forage Maize | Non-food Crops | Non-crop Pests
Pesticides
Chlorpyrifos was until 2000 one of the most widely used household pesticides in the US. However, chlorpyrifos is also a nerve toxin and suspected endocrine disruptor and has been associated with carcinogenicity, reproductive and developmental toxicity, and acute toxicity.
In 1995, the US Environmental Protection Agency fined the company $732,000 for not sending the EPA reports concerning 249 Chlorpyrifos poisoning incidents. In June 2000, the company withdrew their registration of chlorpyrifos for use in homes and other places where children might be exposed, and restricted its use on crops. It continues to be marketed in developing countries, such as India, where sales literature claims it has "an established record of safety regarding humans and pets."
In 2003, the company paid a $2 million fine to the state of New York. This was imposed due to the company's illegal advertising of Chlorpyrifos as "safe".[1]
In the UK chlorpyrifos is freely available and regularly used on lawns and golf courses. In July 2013 just two teaspoons of chlorpyrifos poured down a kitchen sink was held responsible for wiping out insect life on a 10-mile stretch of the Kennet, one the country's prime fishing rivers. Richard Benyon, an environment minister who is also the local MP, is pushing for curbs on the domestic sale of chlorpyrifos. According to The Telegraph, the Kennet incident was the latest in a series of scares:
- It was also held responsible for wiping out insect life on a large stretch of the River Roding in 1985, the River Wey in 2002 and 2003 and led to a significant number of fish being killed on the Rover Ouse in Sussex in 2001. Following the incident on the Kennet, people were advised not to allow water from a stretch between Marlborough and Hungerford to come into contact with their skin. [2]
Agent Orange
Dow, along with Monsanto, supplied the US military with Agent Orange during the Vietnam war. This is a chemical defoliant which contains dioxin. Suring the war, dioxin from the defoliant found its way into the food chain and was linked to an increase in birth defects among Vietnamese people. In 2005, a lawsuit was filed by Vietnamese victims of Agent Orange against Dow and Monsanto. The companies argued that no link has been proved between Agent Orange and the alleged health problems and also that the companies could not be held responsible for the manner in which their products were used.[3] The lawsuit was dismissed.[4] In 2006, a court in South Korea ordered Dow and Monsanto to compensate South Korean veterans of the Vietnam War and their families for Agent Orange-related injuries.[5]
Board of directors
Current members of the board of directors of the Company are:
- Arnold Allemang
- Professor Jacqueline Barton
- James A. Bell
- Jeff Fettig
- Barbara Franklin
- Andrew N. Liveris
- Geoffery E. Merszei
- James Ringler
- Ruth Shaw
- Paul Stern
Finances
In 2005 the company has operating profits of $5.4 billion[6] In 2005 sales were $46.3 billion. In 2006 first-quarter net earnings were $1.2 billion. The company currently spends around $1 bilion per annum in R&D.
Affiliations
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This article is part of the Spinwatch Fracking Portal and project |
- Dow is a member of the UK parliamentary All Party Group on Unconventional Oil & Gas set up in 2013, and a funder of the 'independent' Task Force on Shale Gas led by former Environment Agency chairman Lord Chris Smith
- Dow Chemical was a donor to the Science Media Centre from 2006 to 2009 according to the SMC.[7]
Contact
- General Information
- Phone: 800-258-2436 (U.S. and Canada)
- +1 989-636-1000
- Fax: +1 989-832-1556
Notes
- ↑ 'Dow to pay $2 million fine for illegal safety claim', Pesticide Action Network UK (PAN UK), article first appeared in Pesticides News, No. 63, March 2004, page 17.
- ↑ By David Millward, Minister demands curb on pesticide sale after it wipes out insects on 10-mile stretch of river, 3:42PM BST 26 Aug 2013, The Telegraph,acc same day
- ↑ 'Agent Orange lawsuit opens in US', BBC, 1 March 2005.
- ↑ 'US won't compensate Vietnam's Agent Orange victims: official', The Nation (Thailand), 5 June 2005.
- ↑ 'Court rules against U.S. firms on Agent Orange', NBC News, 26 January 2006.
- ↑ 'Top 50 Chemical Producers', Chemical and Engineering News, Vol. 84, Issue 20 (May 15, 2006), pp 10-15.
- ↑ Data from Internet Archive holdings of the Science Media Centre website, 2002-2013.
- Apr 2006 http://web.archive.org/web/20060910221525/http://www.sciencemediacentre.org/funding.htm
- Feb 2007 http://web.archive.org/web/20070829210611/http://www.sciencemediacentre.org/funding.htm
- Jul 2008 http://web.archive.org/web/20081202143334/http://www.sciencemediacentre.org/pages/about/funding.htm
- May 2009 http://web.archive.org/web/20090830202526/http://www.sciencemediacentre.org/pages/about/funding.htm
