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Dow changes its business structure

August 20/2010

(Dow) -- The Dow Chemical Company (NYSE: DOW) today announced business structure and leadership changes to continue driving the Companys transformation.

 

Jim Fitterling, senior vice president of Corporate Development, has been named president of Plastics and Hydrocarbons and an executive vice president of Dow. He will continue to be based in Midland, Michigan.

 

Juan Luciano, senior vice president of Basic Plastics, Hydrocarbons & Energy & JVs, has been named president of the Performance Division, which will consist of Dows Performance Products and Performance Systems divisions, and an executive vice president of Dow. He will continue to be based in Midland, Michigan.

 

Jerome Peribere will continue in his current role as President and Chief Executive Officer of Dows Advanced Materials Division. In addition he has been named an executive vice president of Dow. Peribere will continue to be based in Philadelphia, Pennsylvania.

 

Carol Williams, senior vice president of Basic Chemicals, has been named president of the Chemicals and Energy Division and a group senior vice president of Dow, adding the Energy business to her responsibilities. Williams will continue to be based in Midland, Michigan.

 

Heinz Haller, executive vice president of Performance Systems and Marketing and Sales, has been named Chief Commercial Officer, responsible for corporate Marketing & Sales and all Dow new business growth activities including Joint Ventures and subsidiaries in new business areas. He will serve as Dows lead representative for Dow Corning and Dow Kokam, and will continue oversight of Dow AgroSciences, Asia Pacific and the Companys new Olympics Business Unit. Haller will also add oversight of Dows presence in Latin America, and will continue to be based in Midland, Michigan.

 

Jim McIlvenny, senior vice president of Performance Products, has been named group senior vice president of mega projects and of Dow. McIlvenny will have full responsibility for Dows mega projects, including the Companys proposed joint venture to build a world-scale integrated manufacturing facility in Saudi Arabia, and the proposed Yulin Integrated Chemicals project in China. These critical-to-Dow projects will be the foundations and enablers for our emerging markets and geographic growth. McIlvenny will continue to be based in Midland, Michigan.

 

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Dow changes its business structure

MRC Reference

Share in the Russian market, 2008:

 polyethylene - 2.5% (including LLDPE 33.1%);

 polypropylene 0.8% (including  PP-impact - 1.1%);

 polystyrene 2.6%.

 Annual sales growth in Russia, recent 5 years:

 polyethylene - 55%;

 polypropylene 28%;

 polystyrene 2%.

 Imports by processing technologies:

 pipe extrusion;

 film extrusion;

 sheet extrusion;

 foaming.


 

 

 

 

 

 

 

 

 

 

 

 

 

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