• At the 2026 J.P. Morgan Industrials Conference, Dow CEO Jim Fitterling said the shutdown of the Strait of Hormuz has taken significant petrochemical supply offline, tightening global inventories and prompting the company to run its asset fleet “flat out” while pursuing price increases across regions.
• Management cited polyethylene actions including a 10 cent per pound global increase announced in March and an additional April increase that includes 15 cents per pound in North America, alongside rising naphtha costs outside the Americas that are pressuring high-cost producers.
• Fitterling said Dow expects targeted self-help actions to deliver about USD 3 billion of EBITDA uplift over the next few years, including about USD 1 billion of EBITDA improvement in 2026 from cost programs, the “Transform to Outperform” initiative, and asset actions.
• On Sadara, he said production is slowing sharply because inventory is filling up and shipments cannot move out, while Dow’s objective is not to put cash into Sadara; he also said Dow’s parent guarantees tied to Sadara are USD 1.2 billion and that Sadara has not breached lender covenants.
• Fitterling said Dow has already received a substantial portion of a cash payment after a Canadian court denied NOVA Chemicals’ request to stay a June 2025 infringement decision in Dow’s favor.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dow Inc. published the original content used to generate this news brief on March 18, 2026, and is solely responsible for the information contained therein.