BioWorld® - Medical Device Daily

BioWorld Industrial Biotechnology StatReport: Immediate and Comprehensive Industry Information
The Dow Chemical Co.
2030 Willard H. Dow Center
Midland MI 48674, US
Phone: (989) 636-1000; Fax: (989) 636-1830
Web: www.dow.com
KEY PERSONNEL: Andrew N. Liveris; President, CEO and Chairman
Geoffery E. Merszei; Exec. VP and CFO
William F. Banholzer; Corp. VP and CTO
Bill Weideman; VP and Controller
Frank H. Brod; Corp. VP
Heinz Haller; Corp. VP, Strategic Development and New Ventures
Michael R. Gambrell; Exec. VP, Basic Plastics and Chemicals Portfolio
Charles J. Kalil; Corp. VP, General Counsel and Corp. Secretary
David E. Kepler; Sr. VP, Shared Services and Environment, Health and
Safety and CIO
Romeo Kreinberg; Exec. VP, Performance Plastics and Chemicals Portfolio
Julie Fasone Holder; Corp.VP, Human Resources, Diversity and Inclusion
and Public Affairs
Luciano Respini; Corp. VP, Geography
Fernando Ruiz; Corp. VP and Treasurer
Gary R. Veurink; Corp. VP, Manufacturing and Engineering
EMPLOYEES: 42,000 employees
HISTORY: Founded in 1897
Began biotech research in 1979
Acquired United AgriSeeds Inc. (crop biotechnology) for $45M (1987)
Formed joint venture (Dow Elanco & Co.) with Eli Lilly and Co. by combining
their plant-sciences businesses and Dow's industrial pest-control business
(10/89)
Completed $38/share cash tender offer for 58.5M shares of Marion
Laboratories, and acquired 67% of outstanding shares, which finalized
merger to create new company, Marion Merrell Dow (12/89)
Sold the assets from the Biotech Project of CD Medical Inc. to UniSyn
Technologies, a wholly owned subsidiary of Synbiotics Corp. (6/90)
Finalized agreement for Hoechst AG to acquire all outstanding shares of
Marion Merrell Dow (2Q95)
Member--Biotechnology Research and Development Corp (BRDC)
Member--Midwest Plant Biotechnology/Consortium
Member--Biotechnology Industry Organization
FACILITIES: 165 manufacturing sites in 37 countries
STOCK-FINANCIAL HISTORY: NYSE--DOW
Net sales $46.307b (YE 05) compared to $40.161b (YE 04)
Net income $4.515b (YE 05) compared to $2.797b (YE 04)
Earnings per share $4.62/share (YE 05) compared to $2.93/share (YE 04)
Average shares outstanding 963.2M (YE 05) compared to 940.1M (YE 04)
Total assets $45.934b (YE 05) compared to $45.885b (YE 04)
SUBSIDIARIES/DIVISIONS: Divisions:
Perfornace Plastics
Performance Chemicals
Plastics
Chemicals
Agricultural Science
Hydrocarbon & Engergy
INVESTMENTS: Collaborative Research, Inc.--$5M, 5% equity
Dow Corning Corp.--joint venture with Corning Inc.
Millipore Corp.--9.5% (1984)
Haeger & Kaessner GmbH--acquired (1986)
United AgriSeeds, Inc.--acquired for $45M (12/87)
Montedison SpA--less than 5%
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