Financial News

Dow Wins Eight 2022 Edison Awards™ for Breakthrough Innovations

By: 3BL Media

SOURCE: DOW

SUMMARY:

  • Includes 2 golds, 4 silver and 2 bronze
  • Over the past 10 years has earned more gold Edison Awards™  than any other company

DESCRIPTION:

MIDLAND, Mich., June 2, 2022 /3BL Media/ – Dow (NYSE: DOW) has received eight 2022 Edison Awards™ – two gold, four silver and two bronze – once again earning more awards than any other organization. Over the past 10 years, Dow has also earned more total Edison Awards™  than any other company.

Being recognized with an Edison Award™ is one of the highest accolades a company can receive in the name of innovation and business success. These prestigious innovation awards recognize excellence in new product and service development, marketing, human-centered design, and innovation. This year Dow won awards in the following categories: Critical Human Infrastructure, Consumer Solutions, Engineering & Material Science and Sustainability.

“Thomas Edison was a pioneer in invention and business, solving some of society’s most complex, yet vital needs, much like the obstacles facing the world today,” said A.N. Sreeram, senior vice president, Research & Development, and chief technology officer. “It is an honor to be recognized for stepping up to help solve such challenges through our materials science expertise, with eight of these namesake awards of such an important historical figure in innovation. We will continue to advance sustainable innovations, while delivering product performance and creating value for shareholders.”

Competition is based on four criteria: Concept, Value, Delivery, and Impact. Winning products are regarded as the "best of the best" within their respective categories, chosen by some of the world's top senior business executives, designers, academics and innovation leaders.

2022 Edison Best New Product Awards™ Winners

Critical Human Infrastructure

DOWSIL™ TC-6015 Thermal Encapsulant received silver in the subcategory of Industrial Technology. DOWSIL™ TC-6015 meets the needs of modern power electronics applications by enabling thin-wall molding, low density for weight reduction, greater power capability and superior flame retardancy. This innovative solution eliminates of filler sedimentation and impacts processing ease, speed and cost savings. This application is typically used for electric vehicle (EV) chargers, inverters, high-power modules and energy storage systems.

Consumer Solutions

INFINAIR™ Polyolefin Elastomer (POE) for 3D Loop mattresses received silver in the subcategory: Breakthrough Materials. INFINAIR™ POE enables mattresses that are simple to wash, highly durable and more breathable – changing the way we design consumer bedding. These mattresses are also easier to recycle than those made from traditional foams, which could help prevent tons of waste.

Engineering and Material Science

Dow Rubberless Unisole Technology for Lightweight Athletic Shoes in collaboration with Under Armour (UA) received gold in the subcategory: Performance-Based Design. The global sports brand teamed up with Dow’s expertise in material science to design a lightweight shoe that dials in on energy return, shock absorption and traction to enhance the court feel, cushioning and speed of movement without sacrificing durability. This added durability will help extend the life of UA Flow, the brand’s line of athletic shoes using this technology, and ultimately reduce waste. 

SYL-OFF™ SL 184 Coating received silver in the subcategory: Transparent Coatings & Film. This solvent-free silicone release coating features high speed mist reduction and is suitable for food labeling applications, as it is compliant with food contact regulations set by the U.S. Food and Drug Administration (FDA) and Germany’s BfR XV. Additional end-use applications for this coating include industrial release papers, liners of technical adhesive tapes and non-stick packaging.

AGILITY™ 1500 Performance  Low-Density Polyethylene (LDPE) received bronze in the subcategory: Transparent Coatings & Film. This product was formulated to offer fast and efficient processing plus excellent optics, strength, and stability for LDPE, LDPE blends, and multi-layer film structures. It also allows for wide, thin, and consistently clear films with gains in processability and properties for stellar performance. Additionally, AGILITY™ 1500 advances sustainability through downgauging and reduced waste, as well as enabling recyclable films and the incorporation of recycled polyethylene.

Multi-functional Sorbent Technology (MUST) in collaboration with NETL received bronze in the subcategory: Eco-Innovation. This game-changing suite of sorbents removes positively charged and oxygen-containing anionic (negatively charged) heavy metals from aqueous and nonaqueous sources. The versatility and low-cost benefits make MUST highly effective for cleaning contaminated waterways and removal of metals from electronic and pharmaceutical production processes.

Sustainability

REVOLOOP™ Polyethylene Resins won gold in the subcategory: Plastic Upcycling. This product enables mechanical recycling, restores discarded plastic and helps divert the material from landfills and our environment. Post-consumer recycled (PCR) resins provide a highly concentrated PCR formulation, combined with high-performance resins to offer a single pellet that has improved performance and processability. Dow’s recycled plastics can be found in applications such as artificial turf, blow molded bottles and clear collation shrink packaging.

RHOBARR™ 214 Emulsion received silver in the subcategory: Polymers and Emulsion. This product was an important addition to Dow’s product line of paper barrier polymers, as it enables more sustainable paper packaging by using less polymer and fills a critical unmet need for consumer brands in the paper barrier market.

Learn more about this year’s winning products at the Dow’s Edison Awards homepage.

About Dow

Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.

For further information, please contact:

Milan Revels

989.633.6932

msrevels@dow.com

Kyle Bandlow

989.638.2417

kbandlow@dow.com

Tweet me: Dow has received eight 2022 @EdisonAward – two gold, four silver and two bronze – once again earning more awards than any other organization. Over the past 10 years, @DowNewsroom has also earned more total Edison Awards™ than any other company. https://bit.ly/3LFKyVl

KEYWORDS: NYSE:DOW, Edison Award, Dow, Sustainability, Plastic Upcycling

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