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MarketScreener Homepage  >  Equities  >  Nyse  >  Dow Inc    DOW.WI

DOW INC

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Dow : AMPLIFY Si PE 1000 Polymer System from Dow enables stronger, more sustainable wood-plastic composites

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10/08/2019 | 09:53am EST

MIDLAND - Addressing the need for innovative and sustainable alternatives in the plastic composites industry, Dow (NYSE: Dow) has developed AMPLIFY Si Silicone Enhanced Polymer Systems (SEPS), a silicone-polyethylene hybrid technology that improves product performance and helps divert plastic waste from landfills.

AMPLIFY Si PE 1000, designed for wood-plastic composite decking, is the first of a series of products Dow expects to launch under the new SEPS platform.

'Dow's AMPLIFYSi PE 1000 enables manufacturers to utilize more economical options, such as a variety of recycled plastic and higher levels of fillers, in their wood composite manufacturing processes,' said Mauro Gregorio, business president, Dow Consumer Solutions. 'By incorporating this product into wood-plastic composite boards, manufacturers can more easily bring new life to recycled plastic, a tremendous contribution to sustainability and product reuse. AMPLIFYSi PE 1000 also reduces energy costs and carbon footprint associated with this manufacturing process.'

AMPLIFY Si PE 1000 allows for higher throughput, lower melt temperature and less thermal degradation, and manufacturers can also expect to see higher production rates, lower rejection rates and overall improvement in the tensile and flex strength of their wood-plastic composite boards. Beyond decking, AMPLIFY Si SEPS can be used with similar results in applications, such as docks, railing, wall cladding, siding, fencing, window profiles, automotive and many other applications.

'This new family of products, which utilizes 'silicone-polyethylene hybrid technology', drives sustainability and innovation across many industries, provides a unique value proposition to our customers and helps to facilitate the transition to a circular economy,' said Gregorio.

AMPLIFY Si PE 1000 will be featured at K 2019 from October 16-23, 2019 in Dusseldorf, Germany.

Explore more solutions at K 2019

Every three years in Dusseldorf, Germany, we all gather at K Show - the world's premier conference for the plastics and rubber industry. Here, the most influential and creative suppliers of machinery, parts and products meet under one roof. It's the ideal setting to ask challenging questions, forge new relationships and begin collaborations that will help transform businesses and society. We'll be there from October 16-23.

About Dow

Dow (NYSE: DOW) combines one of the broadest technology sets in the industry with asset integration, focused innovation and global scale to achieve profitable growth and become the most innovative, customer centric, inclusive and sustainable materials science company. Dow's portfolio of performance materials, industrial intermediates and plastics businesses delivers a broad range of differentiated science-based products and solutions for our customers in high-growth segments, such as packaging, infrastructure and consumer care. Dow operates 113 manufacturing sites in 31 countries and employs approximately 37,000 people. Dow delivered pro forma sales of approximately $50 billion in 2018. References to Dow or the Company mean Dow Inc. and its subsidiaries.

Contact:

Cathy Yang

Tel: +1 989 496 6965

Email: Cathy.yang@dow.com

(C) 2019 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2019 42 922 M
EBIT 2019 4 360 M
Net income 2019 1 938 M
Debt 2019 14 343 M
Yield 2019 4,71%
P/E ratio 2019 24,0x
P/E ratio 2020 12,6x
EV / Sales2019 1,26x
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Income Statement Evolution
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Mean consensus OUTPERFORM
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Average target price 54,61  $
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NameTitle
James R. Fitterling Chief Executive Officer & Director
Howard I. Ungerleider President & Chief Financial Officer
Jeff M. Fettig Non-Executive Chairman
Attiganal N. Sreeram Chief Technology Officer & Senior Vice President
Ajaypal S. Banga Independent Director
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