Jun 28 2011 |
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Liveris Named Co-Chair of U.S. President Obama's Newly Formed Advanced Manufacturing Partnership
Dubai, United Arab Emirates (UAE) - June 28, 2011 - The Dow Chemical Company (NYSE: DOW) announced that Andrew N. Liveris, Chairman and Chief Executive Officer, has been appointed by U.S. President Barack Obama as Co-chair of the newly formed Advanced Manufacturing Partnership.Liveris will be joined by Susan Hockfield, President of the Massachusetts Institute of Technology, in heading the Partnership. The Partnership includes other major U.S. manufacturers, several top U.S. engineering universities, and key government technology leaders. Key goals of the Partnership will be to build a roadmap for advanced manufacturing technologies, accelerating ideas from the drawing board to production and competitive advantage in the marketplace, and to ensure a vital and globally competitive manufacturing sector.
"I am honored to have been selected to Co-chair the Advanced Manufacturing Partnership," said Liveris at the launch ceremony at Carnegie Mellon University. "Through success in manufacturing, the U.S. can generate meaningful long-term employment in key industries and the support positions that accompany them - every new manufacturing job on average creates five additional jobs. By recovering U.S. manufacturing leadership, the U.S. can also maintain and grow its role as the world's innovation engine. Success at R&D, and in turn, the production of new ideas as products, go hand-in-hand - they can't be separated. A vibrant manufacturing sector is essential to our competitiveness in cutting-edge technology."
Last July, Liveris on behalf of Dow launched Dow's Advanced Manufacturing Plan for America (AMP). AMP calls for action on a number of fronts to lower structural costs that are hindering U.S. manufacturing, and to establish a policy framework that will enable economic growth. In January, Liveris published Make It In America: The Case for Re-Inventing the Economy, which articulates AMP in detail.
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About The
Dow Chemical
Company
Dow (NYSE: Dow) combines the power of science and technology with the "Human Element" to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 35 countries across the globe. References to "Dow" or the "Company" mean
The Dow Chemical Company
and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.
About Dow in the Middle East
Dow has a longstanding relationship with the Middle East beginning with the establishment of manufacturing and commercial facilities in the United Arab Emirates more than 30 years ago. Since then, Dow has established a solid presence in the Middle East petrochemicals industry, partnering with leading regional companies to set up state-of-the-art petrochemical complexes across the region. For 15 years, Dow and Petrochemical Industries Company K.S.C. (PIC) of Kuwait have shared one successful milestone after another, partnering on six industry-leading joint ventures. Saudi Aramco and Dow are in the formation process of a joint venture to build, own and operate a world-scale integrated chemicals complex in the Eastern Province of the Kingdom of Saudi Arabia. From the entrepreneurship initiatives of Young Arab Leaders to the new Dow Middle East and Africa R&D Center at the King Abdullah University of Science and Technology in Saudi Arabia, Dow actively supports the social and economic aspirations of the communities where it operates. For more information about Dow in the Middle East, please visit:
www.dowmiddleeast.com
For further information on Dow:
Fadi Fahem
Dow Middle East
Tel: +971 4 312 3687
ffahem@dow.com
Nisreen Sarryeh
Weber Shandwick
T +971 4 321 0077
dow@ws-mena.com
© Press Release 2011
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