- Dow Inc. (DOW +1.8%) has reached a settlement to resolve allegations it violated the Clean Air Act by failing to properly operate industrial flares at its petrochemical sites, according the U.S. Department of Justice.
- Dow and units Performance Materials and Union Carbide agree to pay a $3M civil penalty and spend ~$294M to install and operate air pollution control and monitoring technology to reduce flaring and resulting harmful air pollution from facilities in Hahnville, La.; Plaquemine, La.; Freeport, Tex.; and Orange, Tex.
- Dow Inc. is a buy because it will generate cash of 6%-8% of its market cap for the next few years. Karthik Narayanan writes in a new bullish analysis posted recently on Seeking Alpha.