The Dow Chemical Company
) announced that it will be providing security and food packaging
solutions to address the problem of food wastage. As per the Food
and Agriculture Organization (FAO) of the United Nations, more
than 1.3 billion tons of food and $750 billion are wasted every
On FAO's World Food Day on Oct 16, Dow provided solutions to
avoid wastage of food through interactive content about food
waste and creation of sustainable food systems, through its
website and social media channels. Dow stated that it is working
to provide innovative solutions at all levels of the supply chain
to support the growth in food production and conservation
required to feed the world's growing population.
Dow is working with the farmers so that food can be protected
at the origin of the supply chain. Dow will create
drip-irrigation systems that deliver specific amounts of water
directly to crop roots aiding growth while significantly reducing
water waste. Dow has also introduced post harvest protection
products and services which help the growers, packers, shippers,
exporters, and importers to provide high-quality fresh fruit and
vegetables to consumers.
The next phase that food undergoes is processing according to
the tastes and the needs of the people. Dow's food processing
solutions allow the removal of allergens such as gluten thus
suiting consumer taste and matching their diet requirements.
Dow's processing system also assists producers with products that
are easy to handle and have greater productivity through methods
which utilize superior sanitation, and energy savings.
Dow's resins in flexible stand-up pouches ensure packaging
efficiency by protecting constituents such as soups, baby food
and baking ingredients against spoiling and also require less
material for packaging. These lightweight packages also allow
more food in the innovative packages to fit into each truckload,
so that the transporting vehicle is able to use less fuel to
distribute the food -- which in turn enables reduction in carbon
Dow Chemical currently holds a Zacks Rank #3 (Hold).
Other companies in the chemical industry worth considering are
Air Products and Chemicals Inc.
). All of them hold a Zacks Rank #2 (Buy).
AIR PRODS & CHE (APD): Free Stock Analysis
BASF SE (BASFY): Get Free Report
DOW CHEMICAL (DOW): Free Stock Analysis
FMC CORP (FMC): Free Stock Analysis Report
To read this article on Zacks.com click here.