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Dow Announces Plan to Open Office in Chengdu

Zoom  Zoom Issue Date:2011-10-10   Source:PUWORLD   Browse:701

The Dow Chemical Company (NYSE: DOW) announced today that it will open an office in Chengdu, China in the first half of 2012. Serving as Dow's business and sales hub in Western China, the new office will help the company further explore growth opportunities in the emerging economies of the region.

 

"The Western China region is a new strategic area for Dow to accelerate our business growth in China," said Peter Sykes, President of Dow Greater China. "We expect to continue expanding at a double-digit annual rate over the next five to ten years, and we foresee significant opportunities in Western China thanks to major government infrastructure investments and the size of this region."

 

The new office in Chengdu will enhance Dow's customer intimacy by supporting development of strong local relationships with existing and new customers in the region. China's ambitious "Go West" Campaign is revitalizing the vast inland area of Western China and Dow is well-positioned to make a great contribution through our industry leadership and broad technology base.

 

Today, Dow operates 18 manufacturing sites and 6 business centers across the Greater China region, mainly in the Eastern and Southeastern coastal areas and Taiwan. In 2010, Dow recorded total sales of more than US$4 billion in Greater China, which is Dow's second largest international market.

 

About The Dow Chemical Company

 

Dow (NYSE: Dow) combines the power of science and technology with the "Human Element" to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses deliver a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 35 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

 

 
 
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