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April 19, 2015 10:59 AM ET

Chemicals

Company Overview of Dow Corning Corporation

Company Overview

Dow Corning Corporation discovers, develops, manufactures, markets, and distributes silicon-based materials worldwide. The company offers approximately 7,000 products in various forms comprising fluids, gels, greases, elastomeric materials, resins, and other rigid materials. Its silicon-based materials are used in a range of products and applications in various sectors, such as electronics, automotive, construction, textiles, and healthcare. In addition, the company manufactures and sells polycrystalline silicon used in semiconductor and solar applications. Dow Corning Corporation was founded in 1943 and is headquartered in Midland, Michigan.

Corporate Center

PO Box 994

Midland, MI 48686

United States

Founded in 1943

Phone:

989-496-4400

Key Executives for Dow Corning Corporation

Chairman, Chief Executive Officer and President
Age: 54
Chief Financial Officer and Executive Vice President
Director, Chairman of the Board-Corning Incorporated, Chief Executive Officer-Corning Incorporated, President-Corning Incorporated and Chief Operating Officer-Corning Incorporated
Age: 75
Director, President of Corning Technologies, Co-Chief Operating Officer of Corning Incorporated, Director of Corning Incorporated and Director of Dow Corning
Age: 72
Greater China President and Global Vice President of Sales for XIAMETER Brand
Compensation as of Fiscal Year 2014.

Dow Corning Corporation Key Developments

Dow Corning to Introduce New Beauty Care Formulation Kits and Products in Spain

Dow Corning Corporation has announced that it will introduce two new product technologies and new beauty care formulation kits in Barcelona, Spain. The new innovations will include a silicone fluid for hair care that combines superior frizz control, stylability and a natural feel, as well as a breakthrough polymer with an enhanced sensory experience and unique rheology for a range of skin care and cosmetic formulations. Dow Corning will also debut three new formulation kits, including one that highlights concepts from the third edition of its renowned Trends Lab for skin and hair care. The second kit will provide hair care formulations offering a range of textures, while a third kit will focus on lifting and firming formulations for face and neck care.

Dow Corning Corporation Reports Earnings Results for the Fourth Quarter and Full Year of 2014

Dow Corning Corporation reported earnings results for the fourth quarter and full year of 2014. For the quarter, the company reported sale of $1.68 billion, net income of $37 million and adjusted net income of $205 million against sale of $1.59 billion, net income of $110 million and adjusted net income of $103 million for the same period a year ago. For the year, the company reported sale of $6.22 billion, net income of $513 million and adjusted net income of $522 million against sale of $5.71 billion, net income of $376 million and adjusted net income of $304 million for the same period a year ago.

Dow Corning Appoints Jeroen Bloemhard as New President for Greater China

Dow Corning has announced the appointment of Jeroen Bloemhard as its new Greater China president. Bloemhard, who brings over 20 years' professional experience in the silicones industry to this role, will lead the corporate management of the Greater China team as Dow Corning continues to build its leadership position in the market. In his new role, Bloemhard is the lead executive for corporate governance, compliance and risk management, building on the progress made in Dow Corning's 40 years of operations in Greater China. He is currently also Global vice president of sales for Dow Corning's XIAMETER brand.

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