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Key Developments: Dow Chemical Co (DOW.N)

DOW.N on New York Stock Exchange

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26 May 2016
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Latest Key Developments (Source: Significant Developments)

Rockwell Automation says co, Dow Chemical to pay $375 mln to resolve claims of class of landowners - SEC filing
Thursday, 19 May 2016 01:51pm EDT 

Rockwell Automation Inc : Rockwell Automation Inc says parties agreed yesterday to settle Cook v. Rockwell International, related to U.S. DOE's rocky flats plant in Colorado . Says co and Dow Chemical will pay $375 million to resolve the claims of a class of landowners near rocky flats . Says expects that it will be indemnified for its obligations under the settlement . Co's portion of settlement is $243.75 million bulk of which is expected to be payable in June or July of 2017 - SEC filing .Does not believe that matter will have a material adverse effect on its financial condition.  Full Article

Dow says Bob Hansen, CEO of Dow Corning, to retire
Monday, 16 May 2016 10:00am EDT 

Dow Chemical Co : Bob Hansen, chairman, Chief Executive Officer and President of Dow Corning to retire . Howard Ungerleider, vice chairman and Chief Financial Officer of Dow named chairman of Dow Corning . Mauro Gregorio named Chief Executive Officer of Dow Corning .Until close of transaction, Hansen, Ungerleider and Gregorio will maintain their current roles and responsibilities.  Full Article

Dow says all relevant authorities have approved Dow Corning deal
Thursday, 12 May 2016 08:26am EDT 

Dow Chemical - : Sadara to generate $500 million of equity earnings each year over the next decade . All relevant authorities have approved Dow Corning deal . Stockholder proposal on proxy access received 72.2 percent of votes cast Further company coverage: [DOW.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Dow declares quarterly dividend of 46 cents/shr
Thursday, 12 May 2016 08:05am EDT 

Dow Chemical Co :Dow declares quarterly dividend of 46 cents per share.  Full Article

Dow Chemical Co announces settlement in urethanes opt-out case litigation
Wednesday, 6 Apr 2016 04:15pm EDT 

Dow Chemical Co:Entered into a settlement agreement to resolve the Urethanes Opt-Out case litigation.In this settlement, Dow has agreed to pay the opt-out plaintiffs $400 million, which is estimated to result in net cash payments totaling approximately $250 million.  Full Article

Dow Chemical Co announces settlement in Urethanes class action litigation
Friday, 26 Feb 2016 06:45am EST 

Dow Chemical Co:Entered into a settlement agreement to resolve the In re Urethanes Class Action litigation.In this settlement agreement, Dow has agreed to pay the plaintiff class $835 million.Settlement will resolve the $1.06 billion judgment against Dow entered in 2013.Says entered into a settlement agreement to resolve the in re urethanes class action litigation.Says continues to believe that Dow "was not part of any conspiracy and the judgment was fundamentally flawed".Settlement conditioned on U.S. supreme court agreeing to hold dow's petition for a writ of certiorari in abeyance.  Full Article

Dow Chemical Co Nordmeccanica agree to collaborate
Thursday, 25 Feb 2016 01:30pm EST 

Dow Chemical Co:Dow and Nordmeccanica agree to collaborate on new technology developments that "accelerate flexible packaging solutions".  Full Article

The Dow Chemical Co declares quarterly dividend
Thursday, 11 Feb 2016 06:45am EST 

The Dow Chemical Co:Declares quarterly dividend of 46 cents per share.Payable April 29, 2016, to shareholders of record on March 31, 2016.  Full Article

Dow Announces Appointment of James R. Fitterling as President and Chief Operating Officer
Tuesday, 2 Feb 2016 11:45pm EST 

Dow Chemical Co:The Dow Chemical Company (NYSE: DOW) announced the appointment of James (Jim) R. Fitterling to the position of President and Chief Operating Officer.  Full Article

Dow announces Start-Up of New Texas Propylene Production Facility
Friday, 18 Dec 2015 08:15am EST 

Dow Chemical Co:Announced its new propane dehydrogenation unit (PDH) located at the Company's Oyster Creek site in Freeport, Texas, has begun commercial operations.  Full Article