Dow Employees: Redeploying Surplus and By-Product Chemicals within Dow
Sites of The Dow Chemical Company, or its affiliates and subsidiaries, that are looking to secure surplus or by-product Dow, affiliate or subsidiary materials are given preference over external purchasers until a signed purchased agreement is received.
Surplus and by-product materials are redeployed within Dow, affiliates or subsidiaries at no cost to the original material owner. The receiving party takes on logistics and removal costs. If book value exists, it will transfer to the receiving plant's account.
For surplus and by-product materials that are requested by joint ventures with at least 50 percent Dow ownership, the minimum fair market value will be charged for the material. A joint venture representative must sign the standard Dow Off-Spec Sales Universal Contract. All other buyers are subject to a competitive bid process.
Dow Employees: For more information about By-Product Synergy at Dow, including an overview of the BPS work process, go to our Intranet web page at http://envtc.intranet.dow.com/FutureEnvTech/byproductsynergy.htm