Dow Personal Care, a unit of
The Dow Chemical Company
), has entered into a distribution agreement with Nexeo
Solutions, a global distributor of chemicals, plastics,
composites and environmental services. Nexeo will operate as a
key distribution partner of Dow Personal Care in the U.S.
Dow Personal Care's partnership with Nexeo Solutions builds
upon the latter's long-standing relationship with Dow Chemical in
other markets across North America.
Pursuant to the deal, Nexeo Solutions will promote and market
various Dow Personal Care product lines in the U.S. These include
Acudyne Hair Styling Polymers, Aculyn and Cellosize Rheology
Modifiers, EcoSense APG Surfactants, EcoSmooth Anionic
Conditioning Polymers, EPITEX 66 Rub-Off Resistant Polymer,
Kytamer and MoistStar HA+ Moisturizing Agents and Methocel
Few days ago, Dow Water & Process Solutions, another
business unit of Dow Chemical, launched DOW FILMTEC Reverse
Osmosis (RO) 75 and 100 gallon per day (GPD) home drinking water
membranes at the Water Quality Association (WQA) Aquatech USA
2013 conference and exhibition.
The FILMTEC RO will help in reducing impurities such as
calcium, magnesium, and iron and remove contaminants that are
risky for health. Dow Chemical's FILMTEC RO delivers water with
better taste and smell.
Dow Chemical posted a bigger loss in fourth-quarter 2012 due
to a sizable restructuring charge and loss on goodwill impairment
in its Formulated Systems business. Weakness across end markets,
especially in China, and weak pricing also hurt the results.
Dow Chemical will continue to pursue its cost reduction and
efficiency programs while maximizing shareholder returns. Dow
Chemical targets aggregate cost savings of $2.5 billion with $1
billion expected this year. Dow Chemical also noted that it will
focus on driving earnings, leveraging its feedstock strength and
strong momentum in the agricultural sciences business.
Dow Chemical retains a short-term (1 to 3 months) Zacks Rank
Other companies in the chemical industry that are worth
Akzo Nobel NV
LyondellBasel Industries NV
). All of them carry a Zacks Rank #2 (Buy).
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