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February 14, 2016 12:55 PM 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. Dow Corning Corporation operates as a subsidiary ...

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: 55
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: 76
Director, President of Corning Technologies, Co-Chief Operating Officer of Corning Incorporated, Director of Corning Incorporated and Director of Dow Corning
Age: 73
Greater China President and Global Vice President of Sales for XIAMETER Brand
Compensation as of Fiscal Year 2015.

Dow Corning Corporation Key Developments

Dow Corning Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015

Dow Corning Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net sales of $1,472.1 million against $1,676.6 million a year ago. Net income attributable to the company was $193.0 million against $37.2 million a year ago. Adjusted net income was $156.6 million against $204.6 million a year ago. For the year, the company reported net sales of $5,649.3 million against $6,221.3 million a year ago. Net income attributable to the company was $563.0 million against $512.8 million a year ago. Adjusted net income was $492.2 million against $522.3 million a year ago.

Dow Corning Launches Three New Bio-Medical Grade Liquid Silicone Rubber Materials

Dow Corning has launched three new bio-medical grade liquid silicone rubber, or LSR, materials. Available in Shore A hardnesses of 40, 50 and 70, these products comprise the new Silastic Q7-78XX series of elastomers. In addition to these new offerings, the company is also launching the new Dow Corning C6-7XX Liquid Silicone Rubber series of materials for short term or non-implant applications with three initial products. These additions further expand the company's portfolio of silicone elastomers, offering customers fresh new possibilities for designing next-generation medical device applications.

Dow Corning Introduces Molykote G-5511 Water Tap Compound, a New Grease with Double-Duty Technology

Dow Corning has introduced Molykote G-5511 Water Tap Compound, a new grease with double-duty technology. This new grease uses advanced double-duty technology to provide performance and manufacturing cost benefits to water tap manufacturers. The product allows manufacturers to use one product where they used to need two. Molykote experts from Dow Corning Corporation developed a technology-driven solution to help meet the special lubrication challenges of operating mechanical equipment in water-rich environments. To prevent wear and corrosion, while also resisting water spray-off, water taps have traditionally needed two different grades of grease to seal and lubricate screw faucets. The first grade would lubricate the ceramic discs in the water tap/faucet cartridge. The second grade would lubricate plastics. Lubricating ceramic discs requires a grease with water homologation, compatibility to ceramics and resistance to water washout. The plastic lubrication can be done with a lower-priced grease with plastics compatibility. Traditional lubricants don't answer both applications, and the use of the wrong lubricant can lead to surface degradation, poor equipment reliability and frequent, unplanned maintenance.

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