Dow reported a first-quarter net loss of $290 million and operating EBIT of $230 million, indicating financial challenges but remains committed to the Path2Zero project.
Organizations Involved
Macquarie Asset Management, Alberta Petrochemicals Incentive Program
Founders
Not specified
Company Description
Dow is a chemical company that focuses on sustainable solutions, including the development of the Path2Zero project, which aims to create the world’s first net-zero Scope 1 and 2 emissions ethylene cracker and derivatives facility. The project is designed to decarbonize a significant portion of Dow's global ethylene capacity while increasing polyethylene supply and reducing carbon emissions.