Dow Electronic Materials, a unit of
The Dow Chemical Company
), will launch its new range of advanced solutions for printed
circuit board (PCB) fabrication at the 2013 Productronica show
scheduled to be held at the New Munich Trade Fair Center in
Germany from Nov 12-15.
The new products are uniquely designed with critical technologies
that enable miniaturization of next generation devices and
provide high performance and reliability at reduced costs and
improved environmental profile.
Dow will be exhibiting advanced PCB solutions to address key
industry applications, including electrolytic plating,
electroless plating, solderable final finishes and imaging.
Under electrolytic plating, the products offered include
MICROFILL THF-100 Electrolytic Copper, MICROFILL LVF 3 Acid
Copper, ELECTROPOSIT 1400 Electrolytic Copper and COPPER GLEAM
ST-920 Electrolytic Copper. All these products cater to the
high-density interconnection, high performance, attaining
reliability and cost reduction requirements of the customers.
CIRCUPOSIT HOLE PREP 4126 Sweller is offered under Electroless
Plating. It is a unique solvent swell product with improved resin
removal rates across many inert base materials, allowing cleaner
hole walls and enhanced adhesion levels, minimizing failures and
Two products offered under solderable final finishes are
DURAPOSIT SMT-810 Electroless Nickel and AUROLECTROLESS SMT-530
Immersion Gold. While DURAPOSIT offers longer bath life with
improved deposit uniformity, AUROLECTROLESS provides higher gold
deposition on Palladium for gold wire bonding on Electroless
Nickel Electroless Palladium Immersion Gold (ENEPIG) finishes.
The LITHOJET 200 series inks under imaging application are a new
UV-curable acrylic hybrid that enhances yield and quality at
reduce manufacturing costs.
Dow posted its third-quarter 2013 results on Oct 24. The
company's profit of $594 million or 49 cents a share in the
quarter increased 20% from $497 million or 42 cents a share
registered a year ago. The increase resulted from improved
performances across agriculture, coatings and plastics businesses
and healthy gains from emerging markets.
Barring costs associated with its restructuring program, Dow
earned 50 cents a share in the quarter. That, however, missed the
Zacks Consensus Estimate by 4 cents.
Revenues crept up roughly 1% year over year to $13,734 million in
the reported quarter as gains across agricultural sciences,
coatings, performance plastics and electronics were offset by
declines in performance materials and feedstocks and energy.
Sales in emerging markets rose 5%. However, revenues missed the
Zacks Consensus Estimate of $13,946 million.
Dow continues to focus more on attractive end-user markets and
cut its exposure in non-strategic markets amid a challenging
business environment. The company will continue to pursue its
cost reduction and efficiency programs while reducing debt,
improving cash flows and maximizing shareholder returns.
Dow currently carries a Zacks Rank #3 (Hold).
Other companies in the chemical industry worth considering are
Asahi Kasei Corporation
E. I. du Pont de Nemours and Company
). While Asahi Kasei and Methanex both carry a Zacks Rank #1
(Strong Buy), DuPont retains a Zacks Rank #2 (Buy)..
ASAHI KASEI CP (AHKSY): Get Free Report
DU PONT (EI) DE (DD): Free Stock Analysis
DOW CHEMICAL (DOW): Free Stock Analysis
METHANEX CORP (MEOH): Free Stock Analysis
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