Page 179 - CW E-Magazine (7-1-2025)
P. 179
18th Annual GPCA Forum
SUSTAINABLE & PROFITABLE
Dow’s decarbonisation push aims at earnings
growth and reduced emissions
Mr. Jim Fitterling, Chairman & efforts to meet the dual challenge of
CEO, Dow, emphasised the critical decarbonising manufacturing opera-
need for sustainable solutions while tions, while fulfilling growing customer
maintaining growth and profitability, demand.
in his address outlining Dow’s strategy
to benefit from energy transition and “Dow is taking action to become
circularity. carbon neutral and to remain com-
petitive in a net-zero economy and to
He reflected on Dow’s long history fuel our growth for the future. We are
in the Middle East, with nearly 50 years demonstrating that delivering a low-
of investment and collaboration. Dow’s emissions future isn’t just possible but
partnerships, amounting to over $30-bn, can be profitable. We have outlined
have significantly contributed to local a clear path through our strategy of
economies and advanced various ‘Decarbonise and grow’. This roadmap
sectors such as packaging, construc- includes replacing end-of-life assets with
tion, energy, and infrastructure. high-efficiency low-emission assets.
By 2030 we plan to grow our underly-
Mr. Fitterling discussed Dow’s Mr. Jim Fitterling ing earnings by more than $3-bn, while
Mr. Mark Eramo in conversation with Mr. Jim Fitterling and Dr. Ilham Kadri
Chemical Weekly January 7, 2025 179
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