Statement from Andrew N. Liveris, Chairman & CEO, The Dow Chemical Company on Congress’ Failure to Reauthorize the Export-I...
July 29 2015 - 5:45PM
Business Wire
The Dow Chemical Company (NYSE: DOW) is disappointed that
Congress failed to reauthorize the Export-Import (Ex-Im) Bank, the
country’s official credit agency, prior to the House of
Representatives leaving Washington for August recess. Ex-Im Bank is
a vital tool for America’s manufacturing sector and imperative to
sustaining U.S. competitiveness in the global economy. By failing
to reauthorize the Bank both when it expired on June 30 and while
in session in July, Congress has raised the hurdle for U.S.
companies even higher. We urge Congress to reauthorize the Ex-Im
Bank when they return to Washington in September so America’s
business community can have certainty in fueling economic growth
and job creation.
About Dow
Dow (NYSE: DOW) combines the power of science and technology to
passionately innovate what is essential to human progress. The
Company is driving innovations that extract value from the
intersection of chemical, physical and biological sciences to help
address many of the world's most challenging problems such as the
need for clean water, clean energy generation and conservation, and
increasing agricultural productivity. Dow's integrated,
market-driven, 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 180 countries and in high-growth sectors such
as packaging, electronics, water, coatings and agriculture. In
2014, Dow had annual sales of more than $58 billion and
employed approximately 53,000 people worldwide. The Company's
more than 6,000 product families are manufactured at 201 sites
in 35 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150729006824/en/
The Dow Chemical CompanySara Steele, (202)
429-3428smsteele@dow.comorRachelle Schikorra, (989)
638-4090ryschikorra@dow.com
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