The Dow Chemical Company
) has launched the beta version of the Dow Lab Safety Academy
website at the Council for Chemical Research 2013 Annual Meeting
in Arlington, Va. The beta version creates a digital learning
environment that shares Dow's best-in-class industrial safety
culture and practices in a fast and accessible format.
The Dow Lab Safety Academy includes a number of videos
demonstrating the guidelines for safety of the lab for a number
of real life scenarios and are grouped under four comprehensive
lab safety categories. The website of the Dow Safety lab provides
the best safety practices like chemical reactivity worksheet and
an incident alert template.
The academy provides material that is very relevant to
academic researchers, with modules that focus on the types of
safety issues that are generally encountered by all. It also
offers excellent resources for students and those working in the
Dow has joined premier research universities to improve safety
awareness and practices in the departments of chemistry, chemical
engineering, engineering and materials as a part of its
laboratory safety initiative that it launched in 2012. Dow is
working with the students and faculty of U.C. Santa Barbara
(UCSB), University of Minnesota, and Pennsylvania State
University to identify areas of improvement and help in having a
sustainable culture of laboratory safety.
In order to make the website more user-friendly and to improve
upon its content, Dow will seek help from its partner
universities and other users. Dow also shares safety best
practices with its competitors with a view to improving
university safety as well as its customers, national labs or
anyone conducting materials research.
Dow reported its first-quarter 2013 results last month. The
company's profit soared roughly 33% year over year to $550
million or 46 cents a share on the strength of its agriculture
science business, which witnessed record sales of seeds and crop
protection products. Excluding one-time items, Dow earned 69
cents a share in the quarter, up from 61 cents a year ago,
beating the Zacks Consensus Estimate of 60 cents.
Dow will focus on organically growing its attractive
businesses and driving earnings growth, leveraging its feedstock
strength. The company will also continue to pursue its cost
reduction strategy while reducing debt and maximizing shareholder
returns. However, Dow does not see a material improvement in the
macroeconomic environment this year.
Dow currently holds a Zacks Rank #3 (Hold).
Other companies in the chemical industry having favorable
Zacks Rank are
Shin-Etsu Chemical Co., Ltd.
). All of them retain a Zacks Rank #1 (Strong Buy).
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