공시 • May 21
Dow and X-Energy Receive Environmental Assessment Approval from Nuclear Regulatory Commission for Advanced Nuclear Project in Texas Dow and X-energy, Inc. had the U.S. Nuclear Regulatory Commission complete its Environmental Assessment for Dow and X-energy's Construction Permit Application for a proposed advanced nuclear project in Seadrift, Texas. The NRC's review was completed ahead of schedule following a comprehensive independent analysis by the NRC, concluding with a Finding of No Significant Impact. Long Mott Generating Station is being developed through Dow's wholly owned subsidiary, Long Mott Energy, LLC under the U.S. Department of Energy's Advanced Reactor Demonstration Program. The proposed project would provide both electricity and high-temperature industrial steam to Dow's UCC Seadrift Operations, powering the production of more than 4 billion pounds of materials per year. Once complete, Long Mott Generating Station is expected to be the first grid-scale advanced nuclear reactor deployed to serve an industrial site in North America. The Finding of No Significant Impact conclusion on the Environmental Assessment follows an extensive independent analysis by NRC staff, evaluating potential impacts to air quality, water resources, and local species habitats under globally recognized safety and environmental standards. The NRC completed its environmental review in under one year, benefiting from X-energy's pre-licensing work on its XE-100 small modular reactor, and a comprehensive Construction Permit Application submittal that meets the federal requirements for the protection of public health, safety, and the environment. Dow and X-energy's Construction Permit Application included a 1,000+ page Environmental Report supported by year-long field surveys, groundwater monitoring wells with 12 months of water quality measurements, and engagement with multiple state agencies including the Texas Historical Commission, Texas Parks and Wildlife Department, and Texas General Land Office. Throughout the project, Dow and X-energy have taken a proactive approach to environmental mitigation by identifying sensitive habitats before finalizing the site layout, proposing facility siting to avoid impacts to protected resources, and designing around environmental constraints rather than mitigating for them after the fact. Since 2018, X-energy, and subsequently Dow, have worked with the NRC through extensive pre-application engagement to demonstrate the XE-100's safety profile. This technical foundation helps enable a predictable, well-defined regulatory process focused on site-specific factors rather than fundamental reactor safety questions, creating opportunities for enhanced efficiency throughout the licensing process. X-energy's XE-100 is an 80 MW high-temperature gas-cooled reactor designed to enable a minimal environmental footprint. The reactor's helium coolant does not become radioactive during operation, eliminating entire categories of radiological considerations and adverse environmental impacts. Minimal water requirements eliminate major aquatic ecosystem impacts, and the absence of cooling towers or water intake structures reduces both visual and environmental disruption, as well as site impact during construction. These design characteristics enable exceptional environmental protection while delivering reliable, clean energy for industrial applications. 공시 • Apr 16
Dow Inc. Announces Chief Executive Officer Changes, Effective July 1, 2026 Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging & Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations. 공시 • Apr 15
Dow Inc. Announces Board Changes, Effective July 1, 2026 Dow Inc. announced that Jim Fitterling, Chair and Chief Executive Officer, will become Executive Chair of the Board, effective July 1, 2026. The Dow Board of Directors has appointed Karen S. Carter, currently Chief Operating Officer, as Chief Executive Officer, effective July 1, 2026. Carter will also join Dow's Board of Directors at that time. Richard Davis will continue to serve as Dow's Independent Lead Director. In his new role, Fitterling will continue to chair the Board and focus on long-term strategy, governance, and key external relationships, while supporting continuity in leadership and execution. A Proven Leader to Lead Dow Forward Karen S. Carter brings more than three decades of experience at Dow, with deep operational expertise and a strong track record of delivering results across the enterprise. As Chief Operating Officer, she has overseen business and operational performance company-wide, with responsibility for Dow's operating segments and key functional organizations, while strengthening customer engagement and accelerating innovation. Previously, Carter served as President of Dow's Packaging &Specialty Plastics, the company's largest operating segment, where she led value growth through asset upgrades, capacity expansions and improved reliability, while advancing circular economy solutions in close partnership with customers and brand owners. She has also held senior leadership roles across business, commercial, and corporate functions, giving her a uniquely holistic perspective on Dow's operations. 공시 • Apr 11
Dow Inc. Declares Quarterly Dividend, Payable on June 12, 2026 The Board of Directors of Dow Inc. declared a quarterly dividend of 35 cents per share, payable June 12, 2026, to shareholders of record on May 29, 2026.