Dallas, Texas 08/27/2013 (Financialstrend) – The Dow Chemical Company (NYSE:DOW) has made declaration about the reshuffling of its heads in the Asia-Pacific zone.
Pat Dawson, Dow Asia Pacific’s president, has been appointed as senior VP for the company’s international epoxy biz and business project development; Peter Sykes, Dow Greater China’s president, will accept the position of president of Dow Asia Pacific; and Peter Wong, Asia-Pacific commercial VP for packaging and specialty plastics, will currently work as Dow Greater China’s president. This shuffling is expected to conclude in the coming 1-2 month period.
Since the year 2008, Dow Asia Pacific increased the total number of facilities as well as staff two folds, with the income from the area augmenting to $10.2 billion (Bt320 billion) during the last year compared to $6.2 billion (Bt180 billion) during the last year, and currently representing 18% of Dow’s worldwide sales.
Dow said that its approach in this area is to cultivate major affiliations with clients, local administrations, and important external shareholders, employ and build up local talent, foray into key areas, and expand the impact of its important innovation potentialities.
In 2012, Dow has continued to swell its local coverage, comprising office launchings in Chengdu and Harbin in China, and new production plants in South Korea, China, Vietnam as well as Thailand.
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