Dow (DOW) to Showcase Innovative Solutions at Seoul Exhibition

NUE DOW CBT OLN

Dow Inc. (DOW - Free Report) announced that it is featuring its advanced silicone technologies and innovative solutions for more sustainable mobility at the InterBattery 2021 exhibition. The event will be held at Seoul's Coex center from Jun 9-11.

InterBattery is Korea's leading battery exhibition displaying a range of new products and technologies related to the battery industry. It is concurrently running as part of 'Energy Plus'.

Dow will showcase various products at the exhibition, including thermally conducive silicones, silicone EMI shielding materials and silicone foam. It will also demonstrate how these solutions are serving customers in the new energy vehicle battery market.

With the ever-changing global transportation industry, there is an increased demand for comfort, safety and sustainability, and Dow’s solutions are helping customers attain these objectives.

Dow is also utilizing the exhibition to demonstrate how its material science and innovation expertise provide unique advantages, which promote the development of low-carbon and digital solutions throughout the transportation value chain.

Shares of Dow have surged 59.2% in the past year compared with 50.4% rise of the industry.

In its last earnings call, Dow stated that it entered the second quarter with increased momentum and expects its businesses to benefit from the ongoing economic recovery, supported by the progress in vaccine distribution as well as tight market fundamentals. It also expects its capital investments to further support growth in its consumer-led portfolio.

The company is well placed for sustained value creation through this year and beyond on the back of its geographic scale, advantaged cost positions, differentiated feedstock flexibility, leadership position in high-growth markets and top-quartile cash generation.

 

Zacks Rank & Other Key Picks

Dow currently sports a Zacks Rank #1 (Strong Buy).

Some other top-ranked stocks in the basic materials space are Nucor Corporation (NUE - Free Report) , Olin Corporation (OLN - Free Report) and Cabot Corporation (CBT - Free Report) .

Nucor has a projected earnings growth rate of around 260% for the current year. The company’s shares have surged 149.4% in a year. It currently flaunts a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Olin has an expected earnings growth rate of around 473.3% for the current year. The company’s shares have gained 270.3% in the past year. It currently sports a Zacks Rank #1.

Cabot has an expected earnings growth rate of roughly 126% for the current fiscal. The company’s shares have surged 60.9% in the past year. It currently carries a Zacks Rank #2 (Buy).

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