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Posts Tagged ‘The Dow Chemical Company’

Company News And Updates For Dow Chemical (DOW), NuEarth Corp (NUEC) and Air Products (APD)

Wednesday, September 8th, 2010

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NuEarth Corporation (Pink Sheets:NUEC.pk), a manufacturer and marketer of “Clean & Green” products and technology, recently reported the signing of a multi-year agreement with Cheforfield Distribution Ltd (”Cheforfield”) of Manchester, England UK to distribute primarily the AquaSolv and AB Tech product lines over the life of the deal.

As a part of the agreement, NuEarth will provide Cheforfield with a supply of products on consignment for the first 6 months of the agreement and Cheforfield will commit to a minimum of $500,000 USD for marketing; advertising and distribution costs for the regional territory over the first 12 months of the agreement. Under the terms of the agreement, Cheforfield will also be offered as part of their regional territory the Northern European area upon reaching a minimum of $11 Million USD in gross sales over a 18 month sales cycle starting after the first 6 month introductory and evaluation period of the agreement.

NuEarth and Cheforfield will cooperate on retail product certification and have agreed to work together to secure support from key regional wholesale and free trade zone services to better ramp the expansion of the product distribution in the region. Both companies will also work to ensure the continuation of NuEarth’s current regional client product demands, and look to expand customer’s choices for applications of their products.

Cheforfield Distribution Ltd is a newly formed product distribution Company, founded by Mark Cheforfield who brings more than 30 years of chemical product marketing and sales in the EU. Mr. Cheforfield is joined by his partners Jay Abujaub and Rhiad Mohamid Nygen. Their combined retail and wholesale product marketing and sales experience is 97 years in the chemical industries of the European Union.

 

The Dow Chemical Company (NYSE:DOW) subsidiary, Dow AgroSciences LLC, is acquiring the assets of the Colorado based seed company Grand Valley Hybrids. The addition of Grand Valley complements Dow AgroSciences’ Mycogen Seeds brand and its western U.S. silage business.

“Grand Valley’s strong presence in the silage market and brand recognition in the West will provide a significant opportunity to expand our silage business,” said Chris Garvey, Mycogen General Manager. “Grand Valley’s combination of outstanding customer service and commitment to innovation and quality complements our strategy to build a world-class seeds business.”

Under the terms of the agreement, Dow AgroSciences will acquire the Grand Valley sales and marketing areas, as well as the administrative services of the business. For the 2010/2011 season, Grand Valley will continue to operate under the Grand Valley brand, and customer service will remain at its existing location in Grand Junction. Grand Valley customers will gain access to Dow AgroSciences technologies including Silage-Specific BMR and TMF corn hybrids in addition to the technologies they already have access to today — SmartStax and HERCULEX Insect Protection.

Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top-tier agricultural company providing innovative agrochemical and biotechnology solutions globally. The company, a wholly owned subsidiary of The Dow Chemical Company, has sales of $4.5 billion.

 

 

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Air Products (NYSE:APD) issued the following statement in response to Airgas, Inc.’s latest value-destructive tactics in its continuing attempts to avoid an Airgas shareholder referendum on Air Products’ offer.

“The Airgas Board is resorting to desperate last-minute gambits that should not distract the Airgas shareholders from the real choice they face at the September 15 Airgas Annual Meeting. Air Products is offering Airgas shareholders a premium of more than 50% for their shares today, and can close a deal quickly if the Airgas Board will agree to sit down and negotiate. There is no need for further delays possibly followed by a convoluted process that destroys value for the Airgas shareholders.

“Airgas shareholders should see these latest actions by the Airgas Board as part of a continuing pattern of behavior designed to avoid a sale of Airgas at any price. The statement that $65.50 is not a ’sensible starting point for negotiations’ makes clear that Airgas continues to have unreasonable and unsupportable value expectations. Airgas’ vague new promise to ‘explore alternatives to enhance stockholder value’ sometime before June 2011 — but only if Airgas shareholders do not support Air Products’ January by-law proposal — should not fool anybody. After stonewalling for nearly a year, the Airgas Board now promises to discharge its fiduciary duties only if Airgas shareholders vote their way. This latest non-binding ‘commitment’ from the incumbent Airgas Board is further evidence that Airgas needs truly independent directors who are committed to maximizing value for Airgas shareholders.

“Today’s comments by Airgas also ring hollow regarding leveraging the company to accommodate the expected severe sell-off in Airgas stock should we withdraw our offer. Only yesterday, Airgas filed a presentation to investors touting the value Airgas could supposedly create on its own by de-leveraging. The Airgas Board cannot have it both ways.

Air Products has provided Airgas shareholders with a clear path to completing a transaction at a substantial premium with no regulatory or financing obstacles. The only remaining obstacle is the lack of engagement by the Airgas Board. Air Products asks that Airgas shareholders send a clear and unambiguous message to the Airgas Board that they want a sale to move forward now by voting for both the Air Products nominees and by-law proposals.

“Airgas shareholders should understand that if they do not elect the Air Products nominees and approve our proposals, we will conclude that shareholders are satisfied with a minimal share repurchase at an unknown price and unknown time instead of a sale of Airgas to Air Products or a third party. In that case, we will terminate our offer and move on. We are confident Airgas shareholders will make the right choice to protect the value of their investment.”

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

 

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Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period.Crown Equity Holdings Inc. (CRWE.OB) has received Five thousand dollars from a third party (Paaga Media) for one (1) day of advertising for NuEarth Corp. (NUEC.PK)

 
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Update On Environmentally Friendly Chemical Companies DOW, NUEC and MON.

Thursday, September 2nd, 2010

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NuEarth Corporation (NUEC.PK), a manufacturer and marketer of “Clean & Green” products and technology, reports that the company’s Laboratory and Research Division “TerraSolv SA” has renegotiated and finalized its Joint Venture Agreement with Laboratorio Internazionale Agricoltura, S/p/A (”LIA”) of Italy.

The Finalizing of the Joint Venture Continuation Agreement brings 2 new laboratory projects to TerraSolv. These projects are valued currently valued at more than $1.5 Million over the three-month work schedule starting in October 2010. However, each contact has provisions that could triple the final contact value to more than $6 Million USD over their 12 month life cycle. “We’ve seen incredible value from the lab, which has paid for itself several times over in its first year of operations. It represents a new, higher standard for doing business in IT throughout the environmental and agricultural industries. We’re taking more risk out of the system, putting more structure into it, suffering less downtime and delivering higher-quality services,” said Levi Modelevi - CEO of NuEarth Corporation the parent of TerraSolv SA. The TerraSolv SA Laboratory has generated more than $32 Million over its 3 year existence – Mostly due to the Joint Venture with Laboratorio Internazionale Agricoltura, S/p/A.

The joint venture will continue to utilize the TerraSolv SA state-of-the-art development and testing lab currently being relocated to the United States of America. This data center, which collects data from clients around the world to run projects ranging from usability, capacity, spread and weather modeling and performance testing. The heart of the laboratory is a 225-gigabyte database of environmental and agricultural project records running on six HP servers and two Novell servers storing the data and running the software being tested.

NuEarth is a company dedicated to bringing to market “Clean Solutions to Complex Problems” by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world.

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The Dow Chemical Company (NYSE: DOW) recently reported business structure and leadership changes to continue driving the Company’s transformation.

“These appointments build upon the momentum of our new portfolio, and will play a key role in taking us to the next level of our transformational strategy,” said Andrew N. Liveris, Dow’s Chairman and Chief Executive Officer. “As the global economic environment continues its recovery, now is the time to solidify our business-led structure to ensure we are well positioned for the long-term as an earnings-growth, technology-driven and customer-centric company.”

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 2009, Dow had annual sales of $45 billion and employed approximately 52,000 people worldwide. The Company’s more than 5,000 products are manufactured at 214 sites in 37 countries across the globe.

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Monsanto Company’s (NYSE: MON) Carl Casale, executive vice president and chief financial officer, and Brett Begemann, executive vice president – seeds & traits, will address investors in separate investor conferences in September.

Executives will discuss the company’s business performance and operational path, product performance and other matters related to the business during the presentations.

UBS Best of Americas Conference: On Thursday, Sept. 9, Casale will be presenting at the Fifth Annual UBS Best of Americas Conference. Casale’s presentation will begin at 6:20 a.m. central time (CT).

Credit Suisse Chemical and Ag Science Conference: On Wednesday, Sept. 15, Begemann will present at the Credit Suisse 23rd Annual Chemical and Ag Science Conference. Begemann’s presentation will begin at 11 a.m. central time (CT).
Slides and a simultaneous audio webcast will be available for each presentation by visiting the investor section of Monsanto’s web site. Following the live broadcasts, a replay of the webcasts will be available on the Monsanto web site for three weeks.

Monsanto Company is a leading global provider of technology-based solutions and agricultural products that improve farm productivity and food quality. Monsanto remains focused on enabling both small-holder and large-scale farmers to produce more from their land while conserving more of our world’s natural resources such as water and energy.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

drstbc

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received Five thousand dollars from a third party (Paaga Media) for one (1) day of advertising for NuEarth Corp. (NUEC.PK)

 
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