Dow Chemical 2013 Annual Report Download - page 156

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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 2013, Dow had annual sales of more than $57 billion and employed approximately 53,000 people
worldwide. The Company's more than 6,000 products are manufactured at 201 sites in 36 countries across the globe. The
Company conducts its worldwide operations through global businesses, which are reported in six operating segments:
Electronic and Functional Materials, Coatings and Infrastructure Solutions, Agricultural Sciences, Performance Materials,
Performance Plastics and Feedstocks and Energy.
Electronic and Functional Materials
The Electronic and Functional Materials segment consists of two businesses – Dow Electronic Materials and Functional
Materials – and includes a portion of the Company’s share of the results of Dow Corning Corporation, a joint venture of
the Company.
Dow Electronic Materials is a leading global supplier of enabling materials for applications such as consumer electronic
devices, flat-panel displays and telecommunications. The business produces materials for chemical mechanical
planarization ("CMP"); materials used in the production of electronic displays, including films and filters; metalorganic
precursors for light-emitting diodes ("LEDs"); organic light-emitting diode ("OLED") materials; products and technologies
that drive leading-edge semiconductor design; materials used in the fabrication of printed circuit boards; and integrated
metallization processes for metal finishing and decorative applications. Dow Electronic Materials includes Display
Technologies, Growth Technologies, Interconnect Technologies and Semiconductor Technologies.
The Functional Materials portfolio of businesses creates performance-enhancing solutions that enable customers to
differentiate their products in the global pharmaceutical, food, water, energy and home and personal care markets. This
group also provides key materials for industrial uses around the world. Functional Materials includes Dow Consumer and
Industrial Solutions, Dow Microbial Control and Dow Pharma and Food Solutions.
Coatings and Infrastructure Solutions
Coatings and Infrastructure Solutions segment consists of the following businesses: Dow Building and Construction, Dow
Coating Materials, Dow Water and Process Solutions, and Performance Monomers; and includes a portion of the
Company's share of the results of Dow Corning Corporation, a joint venture of the Company. These businesses utilize
advanced technology to deliver products ranging from low volatile organic compound ("VOC") coatings to building
insulation and adhesives to water technologies.
Agricultural Sciences
The Agricultural Sciences segment is a global leader in providing crop protection and plant biotechnology products, urban
pest management solutions and healthy oils. The business invents, develops, manufactures and markets products for use in
agriculture, industrial and commercial pest management, and food service. Agricultural Sciences consists of two
businesses - Crop Protection and Seeds, Traits and Oils.
Performance Materials
The Performance Materials segment consists of the following businesses: Amines; Chlorinated Organics; Dow Automotive
Systems; Dow Formulated Systems; Dow Oil, Gas & Mining; Dow Plastics Additives; Epoxy; Oxygenated Solvents;
Polyglycols, Surfactants & Fluids; Polyurethanes; and Propylene Oxide/Propylene Glycol. These businesses produce a
wide variety of products with a broad range of applications – adhesives, aircraft and runway deicing fluids, automotive
interiors and exteriors, carpeting, footwear, home furnishings, mattresses, personal care products, transportation,
waterproofing membranes and wind turbines. The segment also includes the results of Map Ta Phut Olefins Company
Limited and a portion of the results of Sadara Chemical Company, both joint ventures of the Company.
Divestiture:
The Performance Materials segment included Dow Haltermann until it was fully divested at December 31, 2011.