The Dow Chemical Company
) plans to introduce three "breakthroughs to world challenges" as
part of its 2015 Sustainability Goals. These breakthroughs are
expected to bring a significant improvement in the world's
ability to solve the challenges of affordable and adequate food
supply, decent housing, energy and climate change, sustainable
water supplies, and improved personal health and safety.
In order to address the global water challenge, Dow has come
up with DOW FILMTEC ECO Reverse Osmosis (RO) Elements, an
innovative solution that has the potential to impact millions of
lives by delivering 40% better water purification at 30% lesser
energy utilized through its revolutionizing water treatment.
Dow names DOW FILMTEC ECO RO technology as its second
"Breakthrough to World challenges" that gives large-scale
positive sustainability impact in the area of water. Dow
announced Omega-9 Healthy Oils as its first Breakthrough to World
challenges in Jun 2012, which had a positive sustainability
impact in the area of health.
The new FILMTEC ECO RO technology, launched in 2013 with more
than 15 patents, is expected to deliver trillions of metric tons
of clean water, billions of kilowatt-hours (kWh) of energy
savings, and reduce carbon dioxide (CO2) emissions by more than a
million metric tons in its first 10 years of use alone.
Per the 2030 Water Resources Group forecast, global fresh
water demand will grow exponentially by 2030, exceeding supply to
a large extent. Though water covers two-third of the earth's
surface, availability of fresh water is scarce and limited. The
adoption of the FILMTEC ECO RO technology will help increase
sustainable water supply to the world, thereby addressing the
global water scarcity in a very tangible way. It will serve the
world by offering environmental, economic and societal
Dow currently holds a Zacks Rank #2 (Buy).
Other companies in the chemical industry worth considering
Cytec Industries Inc.
PPG Industries Inc.
). All three carry the same Zacks Rank as Dow.
CYTEC INDS INC (CYT): Free Stock Analysis
DOW CHEMICAL (DOW): Free Stock Analysis
METHANEX CORP (MEOH): Free Stock Analysis
PPG INDS INC (PPG): Free Stock Analysis
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