Dow (Not specified)
Funding Details
Awarder
RSS - climateinsider.com
Date Award
April 28, 2025
Vertical
Chemicals
Funding URL
View Funding Page
Funding Amount
$10,000,000
Company Info
Traction
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
Market
Petrochemicals
Location
Fort Saskatchewan, Alberta, Canada
Coinvestors
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.

Links
Website
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