In an effort to boost its competitiveness in the multi-billion dollar global water business, Midland, MI-based Dow Chemical Co. has formed a new unit to "advance the science of desalination, water purification, contaminant removal, and water recycling."
Annual revenues at Dow Water Solutions will be $350 million, the company said in a prepared statement.
“Dow Water Solutions will provide a range of competitive water treatment products that allow our customers to stimulate and capture industry growth, while continuing to improve access to higher quality water supplies that are more affordable and sustainable for communities and industries worldwide,” said Andrew Liveris, Dow chairman and CEO.
