The Human Element
Innovation for Better Life: The Dow Solution for 2010 Shanghai World Expo
Dow Chemical: Innovation for Better Life
Founded in 1897, Dow combines the power of science and technology with the “Human Element” to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world’s most challenging problems such as the need for clean water, renewable energy generation and energy conservation, and increasing agricultural productivity. Dow’s diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range products and solutions to customers in approximately 160 countries.
At Dow, we never lose sight of the difference between invention and innovation. Invention is the initial spark, but innovation is the art of perfecting the invention into something that satisfies customers. Innovation transforms knowledge into new products, creates value and fuels growth.
As a leading producer of advanced materials, Dow has the creativity, expertise and insight to invent–and the resources, global reach and scale to drive innovation, leverage our strengths and meet society’s unique challenges.
In 2009, Dow invested $1.6 billion1 in research and development (R&D). That is more than the total physical sciences R&D budgets for the top 25 ranked U.S. universities combined. Our stringent R&D pipeline management system helps ensure our research activities are not only aligned with global megatrends but are also supported by solid business cases. In this way, our innovation engine is generating the solutions that meet the most vital needs of our customers and the world.
As the world’s population rises and new economies emerge, society requires novel solutions to meet its most basic needs, including energy, water, food, health and transportation. That’s what we do at Dow. Water purification, crop productivity and harnessing energy from the wind and sun are just some of the ways that Dow is committed to protecting our planet. This commitment unlocks opportunities that are good for business and good for the world. For this reason, we’ve elevated this commitment by making it a key corporate value in 2009.