THE DOW CHEMICAL COMPANY BECOMES WORLDWIDE OLYMPIC PARTNER
Jul 18, 2010 (AsiaPulse via COMTEX) --
(C) 2010 Asia Pulse Pte Ltd
(Full text of a statement. Contact details below.)
(BW)(MI-DOW-CHEMICAL)(DOW.NYSE) The Dow Chemical Company
Becomes Worldwide Olympic Partner Dow is Official Chemistry
Company of the Olympic Movement through 2020
Business Editors
NEW YORK--(BUSINESS WIRE) - Jul. 16, 2010-- The Dow Chemical
Company (NYSE:DOW), chairman and CEO Andrew Liveris announced
today that the Company has become an official Worldwide Olympic
Partner as part of The Olympic Partners Program (TOP).
As the official "Chemistry Company" of the Olympic Movement,
Dow will partner with the International Olympic Committee (IOC)
and National Olympic Committees through 2020.
"With our long-standing commitment to global sustainability,
innovation, scientific excellence and addressing world
challenges, we believe Dow is perfectly matched to the vision
of the Olympic Movement, which is about peace, progress and the
world coming together to celebrate our common humanity," said
Liveris. "In addition, our association with the Olympics will
present Dow with tremendous new business opportunities, making
this partnership a powerful growth catalyst that comes at the
right time in our Company's strategic transformation."
IOC president Dr. Jacques Rogge joined Liveris at today's
press conference to unveil the joint logo joining Dow's red
diamond with the Olympic rings and to welcome Dow as the newest
member of the TOP program.
"We are delighted to welcome Dow to the TOP Program," said
Dr. Rogge.
"As a global leader in the chemical industry and an
innovator in sustainability, Dow will provide much more than
critical financial support to the Olympic Movement. They will
also bring industry-leading expertise and innovation to the
Games themselves. Dow will be an important partner in making
our vision for sustainability and global cooperation a
reality."
In the years prior to today's announcement that Dow would
become a Worldwide Olympic Partner, the Company has been
associated with the Olympic Movement since it made significant
donations of Styrofoam insulation used in ice skating and
bobsled runs at the 1980 Lake Placid Games. Most recently, Dow
has been an official supplier of the Vancouver Organizing
Committee (VANOC) for the 2010 Olympic and Paralympic Winter
Games.
"Dow businesses produce the building blocks of thousands of
products and materials that come together to facilitate the
success and the competitions within the Olympic Games, said
Heinz Haller, Dow Executive Vice President, Sales and
Marketing. "The Olympics will provide an important global stage
for our products and our brand. They will also support Dow's
transformation to a technology-focused, market-driven,
customer-centric organization.
In 2011, Dow's sponsorship will also bring to life and
extend the themes and values of the UNESCO's "International
Year of Chemistry" which will highlight the important role
chemistry must play to help meet human challenges of the
future.
"We are delighted that Dow is extending its partnership to a
global basis for the next decade. The long-term nature of this
partnership is excellent news for the Olympic Movement and
ultimately for the athletes themselves," said IOC Marketing
Commission Chairman Gerhard Heiberg.
About Dow
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 renewable energy
generation and conservation, and increasing agricultural
productivity. Dow's diversified industry-leading portfolio of
specialty chemical, advanced materials, agrosciences and
plastics businesses delivers a broad range of technology-based
products and solutions to customers in approximately 160
countries and in high growth sectors such as electronics,
energy, coatings and agriculture. In 2009, Dow had annual sales
of $45 billion and employed approximately 52,000 people
worldwide. The Company's more than 5,000 products are
manufactured at 214 sites in 37 countries across the globe.
References to "Dow" or the "Company" mean The Dow Chemical
Company and its consolidated subsidiaries unless otherwise
expressly noted. More information about Dow can be found at
www.dow.com.
For editorial information:
Bob Plishka
The Dow Chemical Company
+1 989 638-2288
bplishka@dow.com
or
Greg Baldwin
The Dow Chemical Company
+1 989 638-0745
gbaldwin@dow.com
KEYWORD: United States North America Michigan
INDUSTRY KEYWORD: General Sports Manufacturing Chemicals
Plastics Other Manufacturing Sports
CATEGORY KEYWORD: Product/Service
Source: The Dow Chemical Company
Copyright Business Wire 2010
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