Midland, Michigan -- Dow Chemical Co. has been named as an official sponsor of the Olympic Games through to 2020, a move which could earn the company a potential $1000 million in sales from building projects in host cities.
The Midland-based chemical giant is now the official "Chemistry Company" of the Olympic Movement and will partner the International Olympic Committee (IOC) and National Olympic Committees globally, a 21 July company statement said.
Over the course of the sponsorship Dow expects access to more than $150 billion in new infrastructure spending generating incremental sales of $1000 million. More than 30 Dow business units sell into Olympics-related infrastructure markets including insulating materials, heat-transfer fluids, architectural and industrial coatings, electrification and power insulation, plastics and many others, Dow said.
A range of Dow products have been represented at past Olympic Games, including Pellethane thermoplastic polyurethane elastomers and Styrofoam brand insulation. (RD)
PIC: The headquarters of the International Olympic Committee (IOC).