IHS Chemical Week

People & Business :: Companies

Dow Aims to Become More Like an Entrepreneur

1:40 PM MDT | March 10, 2008 | Kara Sissell

Dow Chemical is in the process of transforming itself from a commodity chemical company to a more nimble, risk-taking “entrepreneur” that will be less dependent on cyclical profits, says Heinz Haller, executive v.p./performance plastics. Haller also leads Dow’s venture capital group, which spends about $40 million/year investing in new technologies, primarily those for novel materials and alternative energy. Dow intends to draw on this group to become a firm more modeled on the entrepreneurial spirit. Haller: Reducing exposure to troughs. The...

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