Dow Chemical - 1970's-80's dated Various Denominations Bond
Inv# GB5024 Bond
Various Denominations Bond printed by American Bank Note Co. Great vignette of early wooden structure likely used as a factory. Male figures left & right.
The Dow Chemical Company (TDCC) is an American multinational chemical corporation headquartered in Midland, Michigan, United States, & a subsidiary of Dow Inc. The company is among the three largest chemical producers in the world.
Dow manufactures plastics, chemicals, & agricultural products. The company has a presence in about 160 countries, it employs about 54,000 people worldwide. Dow has been called the "chemical companies' chemical company" as its sales are to other industries rather than directly to end-use consumers. Dow is a member of the American Chemistry Council. The company tagline is "Seek Together". In 2017, the company merged into DowDuPont & in April 2019, the company's parent, Dow Inc. was separated into a public company via a corporate spin-off.
Dow is a large producer of plastics, including polystyrene, polyurethane, polyethylene, polypropylene, & synthetic rubber. It is also a major producer of ethylene oxide, various acrylates, surfactants, & cellulose resins. It produces agricultural chemicals including the pesticide Lorsban & consumer products including Styrofoam. Some Dow consumer products including Saran wrap, Ziploc bags & Scrubbing Bubbles were sold to S. C. Johnson & Son in 1997. Read more at https://en.wikipedia.org/wiki/Dow_Chemical_Company
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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