Dow Chemical 2012 Annual Report Download - page 2

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
Over 115 years, Dow has grown from a one-product company to an innovative leader in
advanced materials, agricultural sciences, specialty chemicals and plastics by recognizing
ways to build value and drive growth. 2012 was no exception. In a challenging macroeconomic
environment, we took decisive actions to mitigate headwinds and protect our earnings path.
We reduced complexity and cut costs. We put a renewed focus on execution around margin

And we reprioritized our investments around growth opportunities that differentiate Dow and
deliver near-term value to the Company, our customers and the world.
Inside these pages, discover how Dow’s four key value drivers our strategically integrated
portfolio, innovation for growth, compelling feedstock advantage, and operating and capital

growth for another 115 years and beyond.
1 Financial Highlights
2 Chairman’s Letter to Stockholders
6 2012 Achievements
  
Board of Directors and Corporate Governance
10 Optimizing Value Through Portfolio Management
12 Driving Value Through Organic Growth
14 Enhancing Returns Through Focused Execution
16 Accelerating Value Through Our Innovation Strategy
18 Fueling Sustainable Value Through Feedstock Advantage
  
22 Building a Sustainable Future
24 Value Creation Starts Here Vision, Mission and Corporate Strategy
  
(with selected exhibits)
Stockholder Reference Information
Inside Back Cover
Contents
Buig Vue. Deg Gr.