Dow Aims to Add $3 Billion to Core Earnings by 2030 With New Net-Zero Unit

Dow Aims to Add $3 Billion to Core Earnings by 2030 With New Net-Zero Unit
The Dow Chemical logo is displayed on a board above the floor of the New York Stock Exchange shortly after the opening bell in New York on Dec. 22, 2015. Lucas Jackson/Reuters
Reuters
Updated:

Dow unveiled on Wednesday plans to boost its core earnings by $3 billion a year over the next decade, with investments that include building a new net-zero carbon emissions ethylene and derivatives facility in Alberta, Canada.

The chemicals maker, once part of DowDupont, joins a growing list of companies that have announced plans to cut emissions and reduce carbon footprint following pressure from investors.