MIRA INFORM REPORT

 

 

Report Date :

19.07.2013

 

IDENTIFICATION DETAILS

 

Name :

ROHM AND HAAS FRANCE SAS 

 

 

Registered Office :

23 Avenue Jules Rimet 23, La Plaine St Denis, 93200, Cedex

 

 

Country :

France

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

15.01.1955

 

 

Com. Reg. No.:

552012791

 

 

Legal Form :

Private Subsidiary Company

 

 

Line of Business :

Manufacturer of speciality chemicals for industry including ion exchange resins, acrylic emulsions, fungicides, herbicides, surfactants, oil additives, PVC modifiers, plastics and plasticizers.

 

 

No. of Employees :

589

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate  

 

 

Payment Behaviour :

Slow but Correct

 

 

Litigation :

Clear 

 

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

France

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


 

france ECONOMIC OVERVIEW

 

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 79 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011, before stagnating in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012. Youth unemployment shot up to 24.2% during the third quarter of 2012 in metropolitan France. Lower-than-expected growth and high unemployment costs have strained France's public finances. The budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.5% of GDP in 2012, while France's public debt rose from 68% of GDP to 89% over the same period. Under President SARKOZY, Paris implemented some austerity measures to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt. Socialist Party candidate Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, and hiring an additional 60,000 teachers during his five-year term. The government's attempt to introduce a 75% wealth tax on income over one million euros for two years was struck down by the French Constitutional Council in December 2012 because it applied to individuals rather than households. France ratified the EU fiscal stability treaty in October 2012 and HOLLANDE's government has maintained France's commitment to meeting the budget deficit target of 3% of GDP during 2013 even amid signs that economic growth will be lower than the government's forecast of 0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs declined during the second half of 2012 to euro-era lows.

 

Source : CIA

 


Company name & address

 

Rohm and Haas France SAS

23 avenue Jules Rimet 23

La Plaine St Denis, 93200; Cedex

France

Tel:       33-149217878

Fax:      +33 01 43 45 28 19

Web     www.rohmandhaas.com

           

 

Synthesis

 

Employees:                  589

Company Type:            Private Subsidiary

Corporate Family:          507 Companies

Ultimate Parent:             The Dow Chemical Company

Incorporation Date:         15-Jan-1955      

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2011

Reporting Currency:       Euro

Annual Sales:               160.1

Total Assets:                349.5

 

 

Business Description     

 

Manufacture of speciality chemicals for industry including ion exchange resins, acrylic emulsions, fungicides, herbicides, surfactants, oil additives, PVC modifiers, plastics and plasticizers

 

Industry             

Industry            Chemical Manufacturing

ANZSIC 2006:    1813 - Basic Inorganic Chemical Manufacturing

NACE 2002:      2413 - Manufacture of other inorganic basic chemicals

NAICS 2002:     325188 - All Other Basic Inorganic Chemical Manufacturing

UK SIC 2003:    2413 - Manufacture of other inorganic basic chemicals

UK SIC 2007:    2013 - Manufacture of other inorganic basic chemicals

US SIC 1987:    2819 - Industrial Inorganic Chemicals, Not Elsewhere Classified

 

 

Key Executives   

 

Name

Title

Ramon Melgarejo Armada

President

Philippe Marqualle

Accounts manager

Hubert Thomann

Purchase manager

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7191895

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.770327

 

 

Corporate Overview

 

Location

23 avenue Jules Rimet 23

La Plaine St Denis, 93200; Cedex

France

Tel:       33-149217878

Fax:      +33 01 43 45 28 19

Web     www.rohmandhaas.com

           

Sales EUR(mil):             115.1

Assets EUR(mil):           269.2

Employees:                   589

Fiscal Year End:            31-Dec-2011

Industry:                        Chemical Manufacturing

Incorporation Date:         15-Jan-1955

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

Registered No.(FRA):     552012791

President:                     Ramon Melgarejo Armada

 

Industry Codes

ANZSIC 2006 Codes:

1813     -          Basic Inorganic Chemical Manufacturing

1821     -          Synthetic Resin and Synthetic Rubber Manufacturing

1812     -          Basic Organic Chemical Manufacturing

1899     -          Other Basic Chemical Product Manufacturing Not Elsewhere Classified

 

NACE 2002 Codes:

2413     -          Manufacture of other inorganic basic chemicals

2416     -          Manufacture of plastics in primary forms

2414     -          Manufacture of other organic basic chemicals

2466     -          Manufacture of other chemical products not elsewhere classified

 

NAICS 2002 Codes:

325188  -          All Other Basic Inorganic Chemical Manufacturing

325998  -          All Other Miscellaneous Chemical Product and Preparation Manufacturing

325199  -          All Other Basic Organic Chemical Manufacturing

325211  -          Plastics Material and Resin Manufacturing

 

US SIC 1987:

2819     -          Industrial Inorganic Chemicals, Not Elsewhere Classified

2869     -          Industrial Organic Chemicals, Not Elsewhere Classified

2821     -          Plastics Materials, Synthetic Resins, and Nonvulcanizable Elastomers

2899     -          Chemicals and Chemical Preparations, Not Elsewhere Classified

 

UK SIC 2003:

2413     -          Manufacture of other inorganic basic chemicals

2416     -          Manufacture of plastics in primary forms

2414     -          Manufacture of other organic basic chemicals

2466     -          Manufacture of other chemical products not elsewhere classified

 

UK SIC 2007:

2013     -          Manufacture of other inorganic basic chemicals

2059     -          Manufacture of other chemical products n.e.c.

2014     -          Manufacture of other organic basic chemicals

2016     -          Manufacture of plastics in primary forms

 

Business Description

Manufacture of speciality chemicals for industry including ion exchange resins, acrylic emulsions, fungicides, herbicides, surfactants, oil additives, PVC modifiers, plastics and plasticizers

 

More Business Descriptions

Specialty Chemicals Mfr

 

Rohm And Haas France Sas is primarily engaged in manufacture of other organic basic chemicals: acyclic hydrocarbons, saturated and unsaturated; cyclic hydrocarbons, saturated and unsaturated; acyclic and cyclic alcohols, including synthetic ethyl alcohol; mono- and polycarboxyclic acids including acetic acid; other oxygen-function compounds including aldehydes, ketones, quinones and dual or poly oxygen-function compounds; nitrogen-function organic compounds including amines; other organic compounds including wood distillation products, etc.; manufacture of charcoal; production of pitch and pitch coke; manufacture of synthetic aromatic products; and distillation of coal tar.

 

All Other Chemical Product and Preparation Manufacturing

 

 

Financial Data

Financials in:

EUR(mil)

 

Revenue:

115.1

Assets:

269.2

Current Assets:

86.8

 

Total Liabilities:

269.2

 

Issued Capital:

88.6

 

Net Worth:

169.3

 

 

 

Date of Financial Data:

31-Dec-2011

 

1 Year Growth

-11.5%

NA

 

Subsidiaries

Company

Percentage Owned

Country

Rohm And Haas International Snc

 

France

Morton International Sas

 

France

Sci Pacha

 

France

 

 

 

Key Corporate Relationships

Bank:

Citibank

 

 

 

 

 

 

 

 

 

 


 

Corporate Family

Corporate Structure News:

 

The Dow Chemical Company
Rohm and Haas France SAS

Rohm and Haas France SAS 
Total Corporate Family Members: 507 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

The Dow Chemical Company

Parent

Midland, MI

United States

Chemicals - Plastics and Rubber

56,786.0

53,444

 

Asset/product line purchase by PMC Group, Inc. proposed/announced.See corporate structure news on The Dow Chemical Company for details

Dow Advanced Materials

Subsidiary

Philadelphia, PA

United States

Chemicals - Plastics and Rubber

184.2

15,710

 

Rohm and Haas Electronic Materials LLC

Subsidiary

Marlborough, MA

United States

Electronic Instruments and Controls

1,000.0

1,500

 

Rohm and Haas Electronic Materials Schweiz GmbH

Subsidiary

Lucerne

Switzerland

Electronic Instruments and Controls

 

80

 

Rohm and Haas Deutschland Produktion GmbH & Co KG

Subsidiary

Schwalbach am Taunus

Germany

Chemical Manufacturing

15.3

400

 

Rohm and Haas Electronic Materials

Facility

North Andover, MA

United States

Electronic Instruments and Controls

68.3

70

 

Rohm and Haas France SAS

Subsidiary

La Plaine St Denis

France

Chemical Manufacturing

160.1

731

 

Rohm And Haas France Sas

Branch

Villers St Paul, Oise

France

Chemical Manufacturing

 

50

 

Rohm and Haas Electronic Materials CMP Inc.

Subsidiary

Newark, DE

United States

Electronic Instruments and Controls

414.2

700

 

Rohm and Haas Electronic Materials CMP Europe GmbH

Subsidiary

Munich

Germany

Electronic Instruments and Controls

 

8

 

ROH Venture GmbH

Subsidiary

Schwalbach Am Taunus, Hessen

Germany

Commercial Banks

 

 

 

Rohm and Haas México, S. de R.L. de C.V.

Subsidiary

Toluca, Estado de México

Mexico

Personal and Household Products

 

200

 

Acima AG fur Chemische Industrie

Subsidiary

Buchs

Switzerland

Chemicals - Plastics and Rubber

53,674.0

175

 

Rohm and Haas Italia Srl

Subsidiary

Mozzate, CO

Italy

Chemicals - Plastics and Rubber

45.8

175

 

Rohm And Haas Electronic Materials Taiwan Limited

Subsidiary

Tayuan Hsiang, Taoyuan

Taiwan

Chemical Manufacturing

 

160

 

Rohm and Haas Australia Pty Limited

Subsidiary

Camberwell, VIC

Australia

Chemical Manufacturing

81.0

140

 

Ruhr-Pulverlack GmbH

Subsidiary

Arnsberg, Neheim Husten

Germany

Chemical Manufacturing

 

130

 

Rohm and Haas (Scotland) Limited

Subsidiary

Croydon

United Kingdom

Chemical Manufacturing

25.0

120

 

Rohm and Haas Colombia Ltda.

Subsidiary

Bogota

Colombia

Chemical Manufacturing

 

120

 

Rohm and Haas Singapore (Pte.) Ltd.

Subsidiary

Singapore

Singapore

Chemical Manufacturing

 

100

 

Rohm And Haas Química Ltda.

Subsidiary

Sao Paulo, Sao Paulo

Brazil

Chemicals - Plastics and Rubber

 

100

 

Rohm and Haas Chemicals LLC

Subsidiary

Hayward, CA

United States

Chemical Manufacturing

127.0

87

 

Rohm and Haas Texas Incorporated

Subsidiary

Deer Park, TX

United States

Chemical Manufacturing

 

900

 

Rohm and Haas Chemicals - Powder Coatings

Facility

Reading, PA

United States

Miscellaneous Fabricated Products

 

430

 

Rohm and Haas Shanghai Chemical Industry Co. Ltd.

Subsidiary

Shanghai

China

Chemical Manufacturing

 

157

 

Rohm and Haas Canada LP

Subsidiary

Toronto, ON

Canada

Chemical Manufacturing

130.5

100

 

Rohm and Haas China Inc.

Subsidiary

Beijing

China

Chemical Manufacturing

 

100

 

Beijing Eastern Rohm and Haas Co. Ltd.

Subsidiary

Beijing

China

Chemical Manufacturing

 

158

 

Rohm and Haas Deutschland Produktion GmbH & Co. KG

Subsidiary

Arnsberg

Germany

Chemical Manufacturing

 

100

 

Rohm And Haas Chemicals Singapore Pte. Ltd.

Subsidiary

Singapore

Singapore

Chemical Manufacturing

76.6

64

 

SKC Haas Display Films Taiwan Ltd.

Subsidiary

Taipei

Taiwan

Chemical Manufacturing

 

 

 

Nitta Haas Incorporated

Subsidiary

Kyoto

Japan

Chemical Manufacturing

 

 

 

ChemiHaas (Jiangsu) Manufacturing Co., Ltd.

Subsidiary

Nanjing

China

Chemical Manufacturing

 

 

 

Weihai Jinhong Rohm and Haas Chemicals Company Ltd.

Subsidiary

Weihai

China

Chemical Manufacturing

 

 

 

Rohm and Haas Espana, S.L.

Subsidiary

Barcelona, KM 61 500

Spain

Chemical Manufacturing

 

 

 

Rohm and Haas China Research and Development Center

Subsidiary

Shanghai

China

Chemical Manufacturing

 

 

 

Rohm and Haas Electronic Materials K.K.

Subsidiary

Tokyo

Japan

Chemical Manufacturing

 

80

 

Rohm And Haas Singapore (Pte) Ltd

Subsidiary

Singapore

Singapore

Chemical Manufacturing

241.8

79

 

Rohm and Haas Quimica Ltda.

Subsidiary

Sao Paulo

Brazil

Chemical Manufacturing

 

70

 

Rohm And Haas South Africa (Pty) Ltd

Subsidiary

Pinetown, Kwazulu-Natal

South Africa

Chemical Manufacturing

 

70

 

Rohm And Haas (UK) Ltd.

Subsidiary

Dewsbury

United Kingdom

Chemical Manufacturing

57.6

67

 

Rohm And Haas (Scotland) Ltd.

Subsidiary

Staines

United Kingdom

Chemicals - Plastics and Rubber

42.7

175

 

Rohm And Haas Electronic Materials Holdings UK Ltd.

Subsidiary

Staines

United Kingdom

Commercial Banks

 

 

 

Dow Chemical Co

Subsidiary

Charlotte, NC

United States

Chemical Manufacturing

60.5

65

 

Rohm and Haas Nordiska AB

Subsidiary

Landskrona

Sweden

Chemical Manufacturing

9.7

52

 

Japan Acrylic Chemical Co., Ltd.

Affiliates

Nagoya, Aichi

Japan

Chemical Manufacturing

 

50

 

Rohm and Haas Taiwan Inc.

Subsidiary

Taipei, ROC

Taiwan

Chemical Manufacturing

 

50

 

Rohm and Haas New Zealand Ltd.

Subsidiary

Auckland

New Zealand

Chemical Manufacturing

 

35

 

Rohm and Haas Denmark Finance A/S

Subsidiary

Kgs. Lyngby

Denmark

Miscellaneous Financial Services

1.8

5

 

Rohm & Haas Argentina S.R.L.

Subsidiary

Ciudad De Buenos Aires

Argentina

Chemicals - Plastics and Rubber

29.1

41

 

StoHaas Marl GmbH

Subsidiary

Marl, Nordrhein-Westfalen

Germany

Chemical Manufacturing

376.2

2

 

Skc Haas Display Films Co., Ltd.

Subsidiary

Chonan, Chungchongnam-Do

Korea, Republic of

Fabricated Plastic and Rubber

356.0

 

 

Skc Haas Display Films (Suzhou) Co., Ltd.

Subsidiary

Suzhou, Jiangsu

China

Containers and Packaging

17.4

100

 

Rohm And Haas Colombia Ltda

Subsidiary

Soledad, Atlantico

Colombia

Chemical Manufacturing

21.4

 

 

Rohm & Haas Electric Materials Korea Ltd.

Subsidiary

Chonan, Chungchongnam-Do

Korea, Republic of

Chemical Manufacturing

5.5

 

 

Rohm And Haas Belgium

Subsidiary

Bruxelles

Belgium

Chemical Manufacturing

0.0

 

 

Rohm and Haas Malaysia Sdn Bhd

Subsidiary

Kuala Lumpur

Malaysia

Semiconductors

 

 

 

Rohm and Haas Espana Production Holding, S.L.

Subsidiary

Madrid

Spain

Chemical Manufacturing

 

 

 

Rohm and Haas (Shanghai) Specialty Coatings Company, Ltd

Subsidiary

Shanghai

China

Chemical Manufacturing

 

 

 

Rohm and Haas Korea Company, Ltd.

Subsidiary

Seoul

Korea, Republic of

Chemical Manufacturing

 

 

 

PT. Rohm and Haas Indonesia

Subsidiary

Jakarta

Indonesia

Chemical Manufacturing

 

 

 

Rohm And Haas Indonesia, Pt

Branch

Cilegon

Indonesia

Chemical Manufacturing

 

30

 

Rohm and Haas Philippines, Inc.

Subsidiary

Las Pinas, Manila

Philippines

Chemical Manufacturing

 

 

 

Rohm & Haas Chile Ltda

Subsidiary

Santiago, Santiago

Chile

Chemical Manufacturing

 

 

 

Rohm and Haas Asia Holdings B.V.

Subsidiary

Farmsum

Netherlands

Chemical Manufacturing

 

 

 

Rohm And Haas Taiwan, Inc.

Subsidiary

Tayuan Hsiang, Taoyuan

Taiwan

Chemical Manufacturing

 

 

 

Rohm and Haas Electronic Materials Korea, Ltd.

Subsidiary

Cheonan

Korea, Republic of

Chemical Manufacturing

 

 

 

Gracel Display Inc.

Subsidiary

Seoul

Korea, Republic of

Chemical Manufacturing

 

 

 

Rohm and Haas International Trading (Shanghai) Co., Ltd.

Subsidiary

Guangzhou

China

Chemical Manufacturing

 

 

 

Rohm and Haas Electronic Materials Taiwan, Ltd.,

Subsidiary

Taipei

Taiwan

Chemical Manufacturing

 

 

 

Rohm and Haas Electronic Materials Asia Pacific Co., Ltd.

Subsidiary

Taipei

Taiwan

Chemical Manufacturing

 

 

 

AgroFresh Inc.

Subsidiary

Spring House, PA

United States

Personal and Household Products

 

 

 

The Dow Chemical Company - Texas Operations

Unit

Freeport, TX

United States

Chemical Manufacturing

1,815.0

7,500

 

The Dow Chemical Company - Design & Construction Services

Division

Houston, TX

United States

Engineering Consultants

5.0

5

 

Diamond Capital Management Inc.

Subsidiary

Midland, MI

United States

Investment Services

 

4,200

 

Dow Chemical (China) Investment Company Limited

Subsidiary

Beijing, Dong Cheng

China

Miscellaneous Financial Services

 

3,900

 

Wuhan Essex Chemical Co., Ltd.

Subsidiary

Wuhan

China

Chemical Manufacturing

 

 

 

Guangdong Zhongshan Amerchol Specialty Chemicals

Subsidiary

Zhongshan, Guangdong

China

Chemical Manufacturing

 

 

 

The Dow Chemical Company - Louisiana Operations

Unit

Plaquemine, LA

United States

Chemical Manufacturing

 

3,000

 

Dow Deutschland Anlagengesellschaft mbH

Subsidiary

Schwalbach

Germany

Chemical Manufacturing

3,476.1

2,660

 

Dow Deutschland Beteiligungsgesellschaft mbH

Subsidiary

Stade, Niedersachsen

Germany

Chemical Manufacturing

 

1,500

 

Dow Automotive (Deutschland) GmbH

Subsidiary

Schwalbach

Germany

Miscellaneous Capital Goods

 

35

 

Dow Chemical Co

Branch

Hahnville, LA

United States

Chemical Manufacturing

817.5

1,700

 

Equate Petrochemical Company KSCC

Joint Venture

Safat

Kuwait

Oil and Gas Operations

618.2

1,100

 

Dow Chemical Co

Branch

Spring House, PA

United States

Biotechnology and Drugs

 

1,001

 

Dow Chemical Co

Branch

Midland, MI

United States

Retail (Specialty)

173.4

836

 

Union Carbide Corporation

Subsidiary

Houston, TX

United States

Chemical Manufacturing

6,247.0

822

 

Union Carbide Corporation

Unit

South Charleston, WV

United States

Chemical Manufacturing

55.2

1,800

 

Union Carbide Corporation - St. Charles Operations

Unit

Hahnville, LA

United States

Public Sector and Government

 

1,200

 

Optimal Chemicals (Malaysia) Sdn Bhd

Joint Venture

Kuala Lumpur

Malaysia

Chemical Manufacturing

462.1

600

 

Hwa Yung Industral Co., Ltd.

Subsidiary

Pusan, Kyongsangnam-Do

Korea, Republic of

Recreational Products

1.9

295

 

Union Carbide Corp

Branch

Wilmington, NC

United States

Chemical Manufacturing

139.5

150

 

Union Carbide Corp

Branch

Cleveland, OH

United States

Chemical Manufacturing

133.5

150

 

Union Carbide Corp

Branch

Lugoff, SC

United States

Chemical Manufacturing

133.1

150

 

Union Carbide Corp

Branch

Pleasantville, NY

United States

Chemical Manufacturing

104.5

150

 

Union Carbide Corporation

Unit

Piscataway, NJ

United States

Chemicals - Plastics and Rubber

95.0

100

 

Optimal Glycols (Malaysia) Sdn Bhd

Joint Venture

Kuala Lumpur

Malaysia

Chemical Manufacturing

348.5

58

 

Univation Technologies, LLC

Joint Venture

Houston, TX

United States

Chemical Manufacturing

0.7

53

 

Union Carbide Customer Services Pte Ltd

Subsidiary

Singapore

Singapore

Chemical Manufacturing

 

40

 

Union Carbide Corp

Branch

Keasbey, NJ

United States

Chemical Manufacturing

95.0

30

 

Union Carbide Corp

Branch

Memphis, TN

United States

Chemical Manufacturing

75.5

30

 

Union Carbide Corp

Branch

Memphis, TN

United States

Chemical Manufacturing

75.5

30

 

Union Carbide Corp

Branch

Clarksville, TN

United States

Chemical Manufacturing

75.5

30

 

Union Carbide Corp

Branch

Titusville, FL

United States

Chemical Manufacturing

72.8

30

 

Union Carbide Corp

Branch

Sudbury, MA

United States

Chemical Manufacturing

70.3

30

 

South Charleston Sewage Treatment Company

Subsidiary

South Charleston, WV

United States

Waste Management Services

 

8

 

UCAR Dow Pipeline

Branch

Kaplan, LA

United States

Oil Well Services and Equipment

6.0

7

 

Umetco Minerals Corporation

Subsidiary

Grand Junction, CO

United States

Business Services

 

7

 

Umetco Minerals Corp

Branch

Hot Springs, AR

United States

Business Services

0.2

1

 

UCAR Dow Pipeline

Branch

Groves, TX

United States

Oil Well Services and Equipment

5.0

6

 

Union Carbide Building

Subsidiary

Kansas City, MO

United States

Real Estate Operations

0.9

5

 

Union Carbide Corp

Branch

Huntsville, AL

United States

Recreational Products

9.0

4

 

UNISON Transformer Services, Inc.

Subsidiary

Kansas City, KS

United States

Chemical Manufacturing

0.5

3

 

UCAR Dow Pipeline

Branch

Sulphur, LA

United States

Oil Well Services and Equipment

0.9

1

 

Carbide Chemical (Thailand) Limited

Subsidiary

Bangkok

Thailand

Chemical Manufacturing

 

 

 

Rohm & Haas Electronic Materials Europe Ltd.

Subsidiary

Coventry

United Kingdom

Chemical Manufacturing

2.5

750

 

Dow Chemical Co

Branch

South Charleston, WV

United States

Chemical Manufacturing

1,288.6

700

 

Dow Chemical Co

Branch

Piscataway, NJ

United States

Chemical Manufacturing

95.0

557

 

The Dow Chemical Company - San Francisco

Unit

Pittsburg, CA

United States

Chemical Manufacturing

381.5

450

 

FilmTec Corporation

Subsidiary

Minneapolis, MN

United States

Chemicals - Plastics and Rubber

 

400

 

Dow Química Mexicana, S.A. de C.V.

Subsidiary

México, D.F.

Mexico

Chemicals - Plastics and Rubber

1,122.0

360

 

Dow Química Mexicana, S.A. De C.V.

Branch

Ciudad De Mexico, Distrito Federal

Mexico

Chemical Manufacturing

 

15

 

Dow Automotive

Division

Auburn Hills, MI

United States

Chemical Manufacturing

1,500.0

300

 

Dow Automotive GmbH

Subsidiary

Freienbach

Switzerland

Chemical Manufacturing

 

200

 

Dow Automotive Systems

Branch

Hillsdale, MI

United States

Chemical Manufacturing

82.7

150

 

Dow Automotive

Unit

Hillsdale, MI

United States

Chemical Manufacturing

 

35

 

Dow Automotive

Subsidiary

London, ON

Canada

Chemical Manufacturing

 

15

 

Anabond Limited

Joint Venture

Chennai, TN

India

Chemical Manufacturing

 

 

 

Dow Automotive (Espana) S.L.

Subsidiary

Madrid

Spain

Chemical Manufacturing

 

 

 

Dow Chemical Japan Limited

Subsidiary

Tokyo

Japan

Chemical Manufacturing

 

300

 

Dow Chemical Co

Branch

Croydon, PA

United States

Biotechnology and Drugs

 

300

 

The Dow Chemical Co. - Knoxville Plant

Facility

Knoxville, TN

United States

Chemicals - Plastics and Rubber

269.8

250

 

Dow Quimica Argentina S.A.

Subsidiary

Ciudad De Buenos Aires, Ciudad De Buenos Aires

Argentina

Chemical Manufacturing

1,314.4

227

 

Nippon Unicar Company Limited

Joint Venture

Kawasaki, Kanagawa

Japan

Chemicals - Plastics and Rubber

 

204

 

Asset/product line recently purchased by TonenGeneral Sekiyu K.K..See corporate structure news on The Dow Chemical Company for details

Dow Advanced Materials

Branch

Ringwood, IL

United States

Chemical Manufacturing

93.0

200

 

Dow Building Solutions

Division

Midland, MI

United States

Construction - Supplies and Fixtures

4.4

200

 

Dow Roofing Systems LLC

Subsidiary

Holyoke, MA

United States

Fabricated Plastic and Rubber

 

26

 

Dow Roofing Systems LLC

Branch

West Union, IA

United States

Construction - Supplies and Fixtures

0.9

1

 

Dow Chemical Pacific Ltd

Subsidiary

Hong Kong

Hong Kong

Chemical Manufacturing

 

200

 

Dow Kakoh Kabushiki Kaisha

Joint Venture

Tokyo

Japan

Fabricated Plastic and Rubber

 

200

 

Dow South Africa Holdings (Pty.) Ltd.

Subsidiary

Bryanston

South Africa

Miscellaneous Financial Services

 

200

 

Sentrachem Ltd

Subsidiary

Johannesburg, Gauteng

South Africa

Business Services

 

20

 

Dow Africa

Subsidiary

Sasolburg

South Africa

Chemicals - Plastics and Rubber

 

20

 

Dow Chemical Co. Ltd.

Subsidiary

Staines

United Kingdom

Chemical Manufacturing

732.1

175

 

Dow Europe Holding B.V.

Subsidiary

Terneuzen

Netherlands

Miscellaneous Financial Services

264.7

2,500

 

Dow Olefinverbund GmbH

Subsidiary

Schkopau, Sachsen-Anhalt

Germany

Chemicals - Plastics and Rubber

1,306.2

2,240

 

ANGUS Chemie GmbH

Subsidiary

Ibbenbüren, Nordrhein-Westfalen

Germany

Chemical Manufacturing

117.3

50

 

Dow AgroSciences GmbH

Subsidiary

München, Bayern

Germany

Chemical Manufacturing

99.6

35

 

Safechem Europe GmbH

Subsidiary

Düsseldorf, Nordrhein-Westfalen

Germany

Chemical Manufacturing

83.7

23

 

Dow Stade Produktions GmbH & Co. OHG

Subsidiary

Stade, Niedersachsen

Germany

Chemical Manufacturing

234.2

1,530

 

Dow MF Produktions GmbH & Co. OHG

Subsidiary

Rheinmünster, Baden-Württemberg

Germany

Chemical Manufacturing

104.8

630

 

Dow Deutschland Anlagengesellschaft mbH

Subsidiary

Stade, Niedersachsen

Germany

Chemical Manufacturing

3,790.5

 

 

UPPC GmbH

Subsidiary

Mietingen, Baden-Württemberg

Germany

Fabricated Plastic and Rubber

46.9

82

 

Dow Pipeline Gesellschaft mbH & Co. KG

Subsidiary

Böhlen, Sachsen

Germany

Construction Services

24.3

 

 

Dow Benelux B.V.

Subsidiary

Terneuzen

Netherlands

Chemical Manufacturing

3,024.7

2,100

 

Polyol Belgium B.V.B.A.

Subsidiary

Terte

Belgium

Chemical Manufacturing

 

41

 

Dow Chemical Iberica Sl

Subsidiary

Madrid

Spain

Chemicals - Plastics and Rubber

1,977.9

739

 

Dow Chemical Iberica Sl

Branch

Tarragona, Tarragona

Spain

Chemical Manufacturing

 

 

 

Dow Italia Srl

Subsidiary

Milano, MI

Italy

Chemicals - Plastics and Rubber

99.2

277

 

Dow Agrosciences Italia SRL

Subsidiary

Bologna, Bologna

Italy

Chemical Manufacturing

234.2

138

 

Dow Italia divisione Commerciale SRL

Subsidiary

Milano, Milano

Italy

Chemical Manufacturing

827.8

81

 

Dow Portugal - Produtos Quimicos Unipessoal, Lda.

Subsidiary

Estarreja

Portugal

Chemical Manufacturing

145.4

200

 

Dow Hungary Vegyipari Korlatolt Felelossegu Tarsasag

Subsidiary

Budapest

Hungary

Fabricated Plastic and Rubber

38.1

35

 

Dow Suomi Oy

Subsidiary

Helsinki

Finland

Chemicals - Plastics and Rubber

145.9

15

 

Dow Zwijndrecht B.V.B.A.

Subsidiary

Zwijndrecht

Belgium

Chemical Manufacturing

 

8

 

Rohm And Haas Nederland B.V.

Subsidiary

Hoek, Zeeland

Netherlands

Construction and Agriculture Machinery

 

1

 

Dow Turkiye Kimya Sanayi Ve Ticaret Ltd Sti

Subsidiary

Istanbul (Anatolia)

Turkey

Chemicals - Plastics and Rubber

214.0

 

 

Dow Interbranch B.V.

Subsidiary

Terneuzen

Netherlands

Miscellaneous Financial Services

 

 

 

Esti Chem A/S

Subsidiary

Koge

Denmark

Chemical Manufacturing

0.0

11

 

Business Process Service Center Terneuzen B.V.

Subsidiary

Terneuzen

Netherlands

Chemicals - Plastics and Rubber

 

 

 

Control Securities Finance (Consecfin) B.V.

Subsidiary

Terneuzen

Netherlands

Chemical Manufacturing

 

 

 

Dow Chemical Services UK Ltd.

Subsidiary

Staines

United Kingdom

Business Services

91.0

602

 

Haltermann Pension Trustees Ltd.

Subsidiary

Staines

United Kingdom

Investment Services

 

 

 

Dow Uk Pension Trustees Ltd.

Subsidiary

Staines

United Kingdom

Investment Services

 

 

 

Ascot Group Pension Trustee Ltd.

Subsidiary

Staines

United Kingdom

Business Services

 

 

 

Dow Ltd.

Subsidiary

Staines

United Kingdom

Nonclassifiable Industries

 

 

 

Dowchemco Pension Trust Ltd.

Subsidiary

Staines

United Kingdom

Investment Services

 

 

 

Dow Services Trustees Uk Ltd.

Subsidiary

Staines

United Kingdom

Business Services

 

 

 

Dow Chemical Co

Branch

Sterlington, LA

United States

Chemical Manufacturing

474.9

175

 

Dow Chemical Pacific (Singapore) Private Ltd.

Subsidiary

Singapore

Singapore

Chemical Manufacturing

874.0

166

 

PT Dow Chemical Indonesia

Subsidiary

Cilegon, Banten

Indonesia

Chemical Manufacturing

 

75

 

Dow Chemical (Malaysia) Sdn. Bhd.

Subsidiary

Petaling Jaya, Selangor

Malaysia

Chemical Manufacturing

 

 

 

Dow Chemical (Guangzhou) Company Limited

Subsidiary

Guangzhou

China

Chemical Manufacturing

 

 

 

Dow Química Argentina S.A.

Subsidiary

Buenos Aires

Argentina

Chemical Manufacturing

 

160

 

The Dow Chemical Company - Chicago

Unit

Channahon, IL

United States

Chemicals - Plastics and Rubber

133.2

150

 

Pacific Plastics (Thailand) Ltd.

Subsidiary

Bangkok

Thailand

Chemicals - Plastics and Rubber

 

150

 

The Dow Chemical Co. - Bristol Plant

Facility

Bristol, PA

United States

Chemical Manufacturing

 

150

 

Dow Investment Argentina S.A.

Subsidiary

Buenos Aires

Argentina

Miscellaneous Financial Services

 

135

 

PBBPolisur S.A.

Subsidiary

Buenos Aires

Argentina

Chemical Manufacturing

824.8

500

 

Dow Internacional Mexicana, S.A. De C.V.

Subsidiary

Ciudad De Mexico, Distrito Federal

Mexico

Chemical Manufacturing

123.5

130

 

Rofan Services Inc.

Subsidiary

Midland, MI

United States

Miscellaneous Financial Services

3.3

120

 

Mycogen Corporation

Subsidiary

Indianapolis, IN

United States

Business Services

2.1

9

 

Dow AgroSciences LLC

Subsidiary

Indianapolis, IN

United States

Chemical Manufacturing

4,500.0

5,500

 

Dow Agro Sciences LLC

Branch

Harbor Beach, MI

United States

Chemical Manufacturing

9.4

90

 

Cal/West Seeds, Inc.

Subsidiary

Woodland, CA

United States

Chemical Manufacturing

 

75

 

Mycogen Seeds

Branch

Hoolehua, HI

United States

Retail (Home Improvement)

12.6

50

 

Nantong DAS Chemical Co., Ltd.

Subsidiary

Nantong, Jiangsu

China

Chemical Manufacturing

 

50

 

Dow Agrosciences Iberica Sa.

Subsidiary

Madrid

Spain

Chemical Manufacturing

110.2

43

 

Dow Chemical Co

Branch

Texas City, TX

United States

Chemical Manufacturing

98.6

30

 

Mycogen Seeds

Branch

York, NE

United States

Chemical Manufacturing

63.3

30

 

Mycogen Seeds

Branch

Arlington, WI

United States

Crops

6.2

30

 

Mycogen Seeds

Branch

Grand Ridge, IL

United States

Chemical Manufacturing

55.8

25

 

Mycogen Seeds

Branch

Pontiac, IL

United States

Chemical Manufacturing

51.3

23

 

Dow AgroSciences LLC - Midwest Research Center

Unit

Fowler, IN

United States

Business Services

0.7

20

 

Cal/West Seeds

Subsidiary

Woodland, CA

United States

Chemical Manufacturing

 

20

 

Renze Seeds

Branch

Templeton, IA

United States

Chemical Manufacturing

36.3

19

 

Mycogen Seeds

Branch

Breckenridge, MN

United States

Food Processing

6.8

15

 

Mycogen Seeds

Branch

Homer, IL

United States

Retail (Home Improvement)

3.9

15

 

Dow AgroSciences B.V

Subsidiary

Hoek van Holland

Netherlands

Miscellaneous Financial Services

137.3

11

 

Dow AgroSciences Technology GmbH

Subsidiary

Horgen

Switzerland

Chemical Manufacturing

 

750

 

Dow AgroSciences Argentina S.A.

Subsidiary

Buenos Aires

Argentina

Chemical Manufacturing

788.4

200

 

Dow AgroSciences Industrial Ltda.

Subsidiary

Sao Paulo

Brazil

Chemical Manufacturing

 

200

 

Dow Agrosciences Pacific Limited

Subsidiary

Wan Chai, Hong Kong

Hong Kong

Chemical Manufacturing

 

200

 

Dow AgroSciences Australia Limited

Subsidiary

Kenmore , QLD

Australia

Chemical Manufacturing

361.3

60

 

Dow Agrosciences Ltd.

Subsidiary

Hitchin

United Kingdom

Chemical Manufacturing

263.5

60

 

Dow Agrosciences

UK Branch/Trading address

Abingdon

United Kingdom

Biotechnology and Drugs

263.5

40

 

Dow AgroSciences Canada Inc

Subsidiary

Calgary, AB

Canada

Chemical Manufacturing

 

60

 

Hyland Seeds

Division

Blenheim, ON

Canada

Crops

 

135

 

Hyland Seeds

Branch

Blenheim, ON

Canada

Crops

25.9

7

 

Dow AgroSciences Canada Inc. - Saskatoon

Unit

Saskatoon, SK

Canada

Chemical Manufacturing

44.1

70

 

Dow Agro Sciences

Branch

St Marys, ON

Canada

Chemical Manufacturing

8.8

10

 

Dow Agro Sciences

Branch

Melfort, SK

Canada

Biotechnology and Drugs

 

5

 

Dow Agro Sciences

Branch

St Thomas, ON

Canada

Biotechnology and Drugs

 

1

 

Dow AgroSciences (NZ) Limited

Subsidiary

New Plymouth

New Zealand

Chemical Manufacturing

 

60

 

Dow AgroSciences (Malaysia) Sdn Bhd

Subsidiary

Petaling Jaya, Selangor

Malaysia

Chemical Manufacturing

 

55

 

Dow Agrosciences de Colombia S.A.

Subsidiary

Bogotá DC

Colombia

Chemical Manufacturing

218.0

45

 

DASER AGRO S.A.

Affiliates

Victoria

Argentina

Chemical Manufacturing

 

40

 

Dow Agrosciences Indonesia, Pt

Subsidiary

Jakarta, Jakarta

Indonesia

Chemical Manufacturing

 

37

 

Dow AgroSciences de Mexico S.A. de C.V.

Subsidiary

Guadalajara, Jalisco

Mexico

Chemical Manufacturing

 

35

 

Dow AgroSciences Chile S.A.

Subsidiary

Santiago

Chile

Chemical Manufacturing

 

35

 

Dow Agroscience Export Sa

Subsidiary

Mougins

France

Miscellaneous Financial Services

20.3

32

 

Dow AgroSciences S.A.

Subsidiary

San Jose

Costa Rica

Chemical Manufacturing

 

23

 

Dow AgroSciences Polska Sp z.o.o.

Subsidiary

Warsaw

Poland

Chemical Manufacturing

 

16

 

Dow Agro Sciences A S

Subsidiary

Istanbul (Anatolia)

Turkey

Chemical Manufacturing

 

16

 

Dow AgroSciences Danmark A/S

Subsidiary

Lyngby

Denmark

Chemical Manufacturing

22.8

15

 

Dow Agrosciences S.R.O.

Subsidiary

Praha 6

Czech Republic

Chemical Manufacturing

97.4

14

 

Dow Venezuela, C.A.

Subsidiary

Caracas

Venezuela

Chemical Manufacturing

 

11

 

Dow AgroSciences Sverige A/B

Subsidiary

Norrkoping

Sweden

Chemical Manufacturing

12.6

3

 

Dow Agrosciences De México, S.A. De C.V.

Subsidiary

Tetla De Solidaridad, Tlaxcala

Mexico

Chemical Manufacturing

72.3

 

 

Dau Agrosaenses Ooo

Subsidiary

Moscow

Russian Federation

Crops

0.6

 

 

Dow AgroSciences Taiwan Ltd.

Subsidiary

Taipei, Pingtung County

Taiwan

Chemical Manufacturing

 

 

 

Dow AgroSciences Switzerland S.A.

Subsidiary

Horgen

Switzerland

Chemical Manufacturing

 

 

 

Dow Agrosciences Hungary Novenyvedoszer Kereskedelmi Korlatolt Felelossegu Tarsasag

Subsidiary

Budapest

Hungary

Business Services

25.8

26

 

Pytech Chemicals GmbH

Joint Venture

Horgen

Switzerland

Chemical Manufacturing

 

 

 

Dow AgroSciences B.V.-Philippines

Subsidiary

Makati

Philippines

Chemical Manufacturing

 

 

 

Dintec Agroquimica Produtos Quimicos, Lda.

Subsidiary

Funchal

Portugal

Chemical Manufacturing

 

 

 

Dow AgroSciences Bolivia S.A.

Subsidiary

Santa Cruz

Bolivia

Chemical Manufacturing

 

 

 

Dow AgroSciences Paraguay S.A.

Subsidiary

Asuncion

Paraguay

Chemical Manufacturing

 

 

 

Dow AgroSciences Pacific Limited

Subsidiary

Wanchai

Hong Kong

Chemical Manufacturing

 

 

 

Cal/West Seeds SRL

Subsidiary

Buenos Aires

Argentina

Chemical Manufacturing

 

 

 

AMI Inc

Subsidiary

Grand Junction, CO

United States

Chemical Manufacturing

21.7

10

 

Dow Agro Sciences LLC

Branch

Friendswood, TX

United States

Construction and Agriculture Machinery

19.7

9

 

Mycogen Seeds

Branch

Utica, NE

United States

Retail (Home Improvement)

2.2

9

 

Mycogen Seeds

Branch

Wisner, NE

United States

Retail (Home Improvement)

2.2

9

 

Mycogen Seeds

Branch

Hillsboro, ND

United States

Retail (Home Improvement)

2.2

9

 

Mycogen Seeds

Branch

Lost Nation, IA

United States

Retail (Home Improvement)

2.0

9

 

Phytogen Seed Co

Branch

Corcoran, CA

United States

Food Processing

12.0

8

 

Dow AgroSciences LLC - Fresno

Unit

Fresno, CA

United States

Business Services

28.0

7

 

Bio-Plant Research Limited

Subsidiary

Camp Point, IL

United States

Retail (Home Improvement)

1.8

7

 

Dow Chemical Co

Branch

La Porte, TX

United States

Retail (Specialty)

1.2

5

 

Mycogen Seeds

Branch

Davenport, IA

United States

Retail (Home Improvement)

1.1

5

 

Dow Chemical Co

Branch

Des Moines, IA

United States

Retail (Specialty)

1.0

5

 

Northwest Plant Breeding Co

Branch

Pullman, WA

United States

Biotechnology and Drugs

 

5

 

Dow AgroSciences LLC - Greenville

Unit

Greenville, MS

United States

Chemical Manufacturing

2.1

4

 

Dow Agro Sciences LLC

Branch

Argyle, TX

United States

Business Services

 

4

 

Dow Agro Sciences LLC

Branch

Roswell, NM

United States

Chemical Manufacturing

2.2

1

 

Dow Agro Sciences LLC

Branch

Mooresville, NC

United States

Chemical Manufacturing

2.1

1

 

Dow Agro Sciences LLC

Branch

West Monroe, LA

United States

Chemical Manufacturing

2.1

1

 

Dow Agro Sciences LLC

Branch

Brookings, SD

United States

Chemical Manufacturing

2.1

1

 

Dow Agro Sciences LLC

Branch

Fargo, ND

United States

Chemical Manufacturing

2.1

1

 

Dow Agro Sciences LLC

Branch

West Lafayette, IN

United States

Chemical Manufacturing

2.0

1

 

Dow Agro Sciences LLC

Branch

Lake City, MN

United States

Chemical Manufacturing

2.0

1

 

Dow Agro Sciences LLC

Branch

Delmar, IA

United States

Chemical Manufacturing

1.9

1

 

Dow Agro Sciences LLC

Branch

Marshalltown, IA

United States

Chemical Manufacturing

1.9

1

 

Dow Agro Sciences LLC

Branch

Akron, IA

United States

Chemical Manufacturing

1.9

1

 

Dow Agro Sciences LLC

Branch

Birmingham, AL

United States

Business Services

0.1

1

 

Dow Agro Sciences LLC

Branch

Hesperia, CA

United States

Biotechnology and Drugs

 

1

 

Dow AgroSciences Southern Africa (Pty) Ltd

Subsidiary

Lynwood Ridge

South Africa

Chemical Manufacturing

 

 

 

Dow AgroSciences China Ltd.

Subsidiary

Nantong

China

Chemical Manufacturing

 

 

 

Dow AgroSciences India Pvt. Ltd.

Joint Venture

Mumbai

India

Chemical Manufacturing

 

 

 

Mycogen Plant Science, Inc.

Subsidiary

Indianapolis, IN

United States

Chemical Manufacturing

2.1

100

 

Mycogen Seeds

Unit

Olivia, MN

United States

Retail (Home Improvement)

2.1

50

 

Mycogen Seeds

Unit

Marshalltown, IA

United States

Chemical Manufacturing

5.4

40

 

Mycogen Seeds-Puerto Rico Corporation

Subsidiary

Santa Isabel, PR

United States

Business Services

 

23

 

Mycogen Seeds

Unit

Huxley, IA

United States

Business Services

 

12

 

Brodbeck Seeds LLC

Subsidiary

Wabash, IN

United States

Chemical Manufacturing

16.3

8

 

Mycogen Seeds

Unit

Woodland, CA

United States

Chemical Manufacturing

 

7

 

Mycogen Seeds

Unit

Lockney, TX

United States

Chemical Manufacturing

 

6

 

Phytogen Seed Company, LLC

Subsidiary

Leland, MS

United States

Retail (Specialty)

 

5

 

Pfister Seeds LLC

Subsidiary

El Paso, IL

United States

Crops

 

 

 

The Dow Chemical Company - Norwich

Unit

Gales Ferry, CT

United States

Chemical Manufacturing

509.8

110

 

The Dow Chemical Company - Russellville

Unit

Russellville, AR

United States

Scientific and Technical Instruments

162.4

108

 

Dow Chemical Korea Ltd

Subsidiary

Seoul

Korea, Republic of

Chemical Manufacturing

392.2

105

 

The Dow Chemical Company - Licking River Film Center

Unit

Hebron, OH

United States

Fabricated Plastic and Rubber

72.9

105

 

Dow Química de Colombia S.A.

Subsidiary

Bogotá DC

Colombia

Chemical Manufacturing

121.6

100

 

ANGUS Chemical Company

Subsidiary

Buffalo Grove, IL

United States

Chemical Manufacturing

119.9

100

 

ANGUS Chemical Company

Division

Sterlington, LA

United States

Chemical Manufacturing

1.3

200

 

ANGUS Chemical Company - Buffers & Biochemicals

Division

Niagara Falls, NY

United States

Biotechnology and Drugs

14.2

30

 

The Dow Chemical Co. - Bayport Plant

Facility

La Porte, TX

United States

Chemical Manufacturing

1.5

100

 

LG Dow Polycarbonate Limited

Joint Venture

Seoul

Korea, Republic of

Chemical Manufacturing

 

100

 

Centen Ag Inc.

Subsidiary

Midland, MI

United States

Miscellaneous Financial Services

 

100

 

Dow Financial Holdings Inc.

Subsidiary

Midland, MI

United States

Miscellaneous Financial Services

 

100

 

Dow Holdings LLC

Subsidiary

Midland, MI

United States

Miscellaneous Financial Services

 

120

 

Dow Corning Corp

Joint Venture

Midland, MI

United States

Electronic Instruments and Controls

6,426.7

10,000

 

Dow Corning Do Brasil Ltda

Subsidiary

Hortolandia, Sao Paulo

Brazil

Chemical Manufacturing

 

8,000

 

Hemlock Semiconductor Corporation

Subsidiary

Hemlock, MI

United States

Chemical Manufacturing

 

1,000

 

Dow Corning Toray Silicon Co., Ltd.

Subsidiary

Tokyo

Japan

Chemicals - Plastics and Rubber

 

800

 

Dow Corning Europe

Subsidiary

Seneffe

Belgium

Chemical Manufacturing

1,215.7

688

 

Dow Corning Corp

Branch

Elizabethtown, KY

United States

Chemical Manufacturing

856.9

262

 

Dow Corning Corp

Branch

La Grange, KY

United States

Chemical Manufacturing

856.9

262

 

Dow Corning Corp

Branch

Menlo Park, CA

United States

Chemical Manufacturing

669.3

262

 

Dow Corning Corp

Branch

Clarksville, TN

United States

Chemical Manufacturing

659.8

262

 

Simcala, Inc.

Subsidiary

Mount Meigs, AL

United States

Iron and Steel

543.7

173

 

Dow Corning Corp

Branch

Greensboro, NC

United States

Chemical Manufacturing

302.8

150

 

Dow Corning Corporation - Rubber Fabrication Division

Subsidiary

Kendallville, IN

United States

Chemical Manufacturing

561.4

125

 

Dow Corning de México, S.A. de C.V.

Subsidiary

México, D.F.

Mexico

Chemicals - Plastics and Rubber

 

120

 

Multibase

Subsidiary

Entre Deux Guiers

France

Fabricated Plastic and Rubber

105.1

112

 

Multibase Inc

Subsidiary

Copley, OH

United States

Chemicals - Plastics and Rubber

 

90

 

Dow Corning Australia Pty Ltd

Subsidiary

North Ryde, NSW

Australia

Personal and Household Products

 

75

 

Dow Corning (Thailand) Limited

Subsidiary

Bang Rak

Thailand

Chemical Manufacturing

 

60

 

Site Services Inc

Subsidiary

Midland, MI

United States

Computer Services

 

30

 

Dow Corning SRL

Subsidiary

Milano, Milano

Italy

Chemical Manufacturing

56.0

15

 

Dow Corning Iberica Sa

Subsidiary

Barcelona

Spain

Miscellaneous Capital Goods

34.5

11

 

Dow Corning Corp

Branch

Washington, DC

United States

Chemical Manufacturing

402.4

10

 

Dow Corning Corporation

Subsidiary

Causeway Bay, Hong Kong

Hong Kong

Fabricated Plastic and Rubber

 

10

 

Dow Corning Corp

Branch

Carrollton, KY

United States

Chemical Manufacturing

6.5

2

 

Dow Corning (China) Holding Co.,Ltd

Subsidiary

Shanghai, Shanghai

China

Chemical Manufacturing

75.8

 

 

Dow Hydrocarbons & Resources Inc.

Subsidiary

Houston, TX

United States

Oil Well Services and Equipment

 

150

 

Dow Pipe Line Company

Subsidiary

Angleton, TX

United States

Oil Well Services and Equipment

26.6

15

 

Dow Pipe Line Company

Unit

Angleton, TX

United States

Oil Well Services and Equipment

 

25

 

Dow Pipe Line Company

Unit

Freeport, TX

United States

Oil Well Services and Equipment

 

16

 

Dow Pipe Line Company

Unit

La Porte, TX

United States

Oil Well Services and Equipment

5.8

14

 

DowBrands L.P.

Subsidiary

Midland, MI

United States

Chemical Manufacturing

 

 

 

Hyperlast Ltd.

Subsidiary

Staines

United Kingdom

Chemicals - Plastics and Rubber

22.4

84

 

Hyperlast Ltd.

UK Branch/Trading address

Stockport

United Kingdom

Chemicals - Plastics and Rubber

22.4

75

 

Hypertec Print Services Ltd

Subsidiary

Staines

United Kingdom

Business Services

 

 

 

Dow Chemical Taiwan Limited

Subsidiary

Taipei

Taiwan

Chemical Manufacturing

 

80

 

Arabian Chemical Co (Polystyrene) Limited

Joint Venture

Jeddah

Saudi Arabia

Chemicals - Plastics and Rubber

 

79

 

Dow Chemical Co

Branch

Philadelphia, PA

United States

Chemicals - Plastics and Rubber

96.0

75

 

Dorinco Reinsurance Company

Subsidiary

Midland, MI

United States

Insurance (Property and Casualty)

 

75

 

Dow Chemical Co

Branch

Kankakee, IL

United States

Chemicals - Plastics and Rubber

198.3

65

 

Dow Chemical Co

Branch

West Alexandria, OH

United States

Chemical Manufacturing

34.6

65

 

Hampshire Chemical Corp.

Subsidiary

Waterloo, NY

United States

Biotechnology and Drugs

 

61

 

Dow Advanced Materials

Branch

New Iberia, LA

United States

Chemical Manufacturing

190.0

60

 

Triumph Seed Co Inc

Subsidiary

Ralls, TX

United States

Chemical Manufacturing

 

55

 

Triumph Seed Co Inc

Branch

Hillsboro, KS

United States

Retail (Home Improvement)

0.5

2

 

Dow Quimica Chilena S.A.

Subsidiary

Santiago

Chile

Chemical Manufacturing

 

53

 

The Dow Chemical Company - Dalton

Unit

Dalton, GA

United States

Containers and Packaging

16.4

50

 

Rohm and Haas B.V.

Subsidiary

Farmsum, Delfzijl

Netherlands

Chemical Manufacturing

12.2

50

 

Dow Trent Ltd.

Subsidiary

Staines

United Kingdom

Miscellaneous Financial Services

 

50

 

Dow Uk Ltd.

Subsidiary

Staines

United Kingdom

Commercial Banks

 

 

 

Dow Chemical (Australia) Limited

Subsidiary

Altona, VIC

Australia

Chemical Manufacturing

243.0

40

 

Dairyland Seed Co Inc

Subsidiary

Kewaskum, WI

United States

Chemical Manufacturing

 

40

 

Dairyland Seed Co Inc

Branch

Fertile, IA

United States

Chemical Manufacturing

43.9

23

 

Dairyland Seed Co Inc

Branch

Homedale, ID

United States

Chemical Manufacturing

11.7

20

 

Dairyland Seed Co Inc

Branch

Otterbein, IN

United States

Chemical Manufacturing

30.6

15

 

Dairyland Seed Co Inc

Branch

Gibson City, IL

United States

Chemical Manufacturing

22.3

10

 

Dairyland Seed Co Inc

Branch

Blackstone, IL

United States

Chemical Manufacturing

2.2

1

 

Dairyland Seed Co Inc

Branch

Kaukauna, WI

United States

Chemical Manufacturing

1.9

1

 

Dow Chemical Philippines, Inc.

Subsidiary

Makati

Philippines

Chemical Manufacturing

 

40

 

Dow Chemical Co

Branch

Pennsauken, NJ

United States

Chemical Manufacturing

110.9

35

 

Dow Chemical Co Technical Center

Branch

Charlotte, NC

United States

Biotechnology and Drugs

 

34

 

DOW HUNGARY Vegyipari Kft

Subsidiary

Balatonfüzfö

Hungary

Chemical Manufacturing

 

31

 

Dow Chemical IMEA GmbH

Subsidiary

Dubai

United Arab Emirates

Chemical Manufacturing

 

31

 

Dow Chemical Co

Branch

Gales Ferry, CT

United States

Chemical Manufacturing

139.0

30

 

Dow Chemical Co

Branch

Henderson, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Humble, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Humble, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Houston, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Seadrift, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Freeport, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Plano, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Angleton, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Freeport, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Magnolia, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Clute, TX

United States

Chemical Manufacturing

98.6

30

 

Dow Chemical Co

Branch

Elizabethtown, KY

United States

Chemical Manufacturing

98.1

30

 

Dow Chemical Co

Branch

Midland, MI

United States

Chemical Manufacturing

96.7

30

 

Dow Chemical Co

Branch

Bay City, MI

United States

Chemical Manufacturing

96.7

30

 

Dow Chemical Co

Branch

Midland, MI

United States

Chemical Manufacturing

96.7

30

 

Dow Chemical Co

Branch

Woodbury, NJ

United States

Chemical Manufacturing

95.0

30

 

Dow Chemical Co

Branch

Piscataway, NJ

United States

Chemical Manufacturing

95.0

30

 

Dow Chemical Co

Branch

Wilmington, IL

United States

Chemical Manufacturing

93.0

30

 

Dow Chemical Co

Branch

Crest Hill, IL

United States

Chemical Manufacturing

93.0

30

 

Dow Chemical Co

Branch

Third Lake, IL

United States

Chemical Manufacturing

93.0

30

 

Dow Chemical Co

Branch

St Charles, IL

United States

Chemical Manufacturing

93.0

30

 

Dow Chemical Co

Branch

Acworth, GA

United States

Chemical Manufacturing

87.7

30

 

Dow Chemical Co

Branch

Atlanta, GA

United States

Chemical Manufacturing

87.7

30

 

Dow Chemical Co

Branch

Torrance, CA

United States

Chemical Manufacturing

76.6

30

 

Dow Chemical Co

Branch

Collierville, TN

United States

Chemical Manufacturing

75.5

30

 

Dow Chemical Co

Branch

Cologne, MN

United States

Chemical Manufacturing

74.4

30

 

Dow Chemical Co

Branch

St Louis Park, MN

United States

Chemical Manufacturing

74.4

30

 

Dow Chemical Co

Branch

St Cloud, MN

United States

Chemical Manufacturing

74.4

30

 

Dow Chemical Co

Branch

Wooster, OH

United States

Chemical Manufacturing

72.9

30

 

Dow Chemical Co

Branch

Belpre, OH

United States

Chemical Manufacturing

72.9

30

 

Dow Chemical Co

Branch

Findlay, OH

United States

Chemical Manufacturing

72.9

30

 

Dow Chemical Co

Branch

Pevely, MO

United States

Chemical Manufacturing

66.8

30

 

Dow Grand Bayou Operations

Branch

Belle Rose, LA

United States

Chemical Manufacturing

65.4

30

 

Dow Chemical Co

Branch

Plaquemine, LA

United States

Chemical Manufacturing

65.4

30

 

Dow Chemical Co

Branch

Greensburg, LA

United States

Chemical Manufacturing

65.4

30

 

Dow Chemical Co

Branch

Henderson, LA

United States

Chemical Manufacturing

65.4

30

 

Dow Chemical Co

Branch

Paincourtville, LA

United States

Chemical Manufacturing

65.4

30

 

Dow Consumer Products Inc

Branch

Charlotte, NC

United States

Chemical Manufacturing

60.6

30

 

Dow Chemical Co

Branch

Pinehurst, NC

United States

Chemical Manufacturing

60.6

30

 

Dow Brands

Branch

Mauldin, SC

United States

Chemical Manufacturing

59.4

30

 

Dow Chemical Co

Branch

Orangeburg, SC

United States

Chemical Manufacturing

59.4

30

 

Dow Chemical Co

Branch

Lugoff, SC

United States

Chemical Manufacturing

59.4

30

 

Dow Chemical Co

Branch

Holmen, WI

United States

Chemical Manufacturing

58.7

30

 

Dow Chemical Co

Branch

Great Falls, VA

United States

Chemical Manufacturing

58.0

30

 

Dow Chemical Co

Branch

Washington, DC

United States

Chemical Manufacturing

46.1

30

 

Dow Chemical Co

Branch

Hanapepe, HI

United States

Chemical Manufacturing

46.0

30

 

Dow Engineering Company

Subsidiary

Houston, TX

United States

Engineering Consultants

 

29

 

Dow Chemical Canada Inc.

Subsidiary

Calgary, AB

Canada

Chemical Manufacturing

 

25

 

Dow Brasil S.A.

Joint Venture

São Paulo, SP

Brazil

Chemical Manufacturing

1,369.0

2,500

 

Dow Sudeste Industrial Ltda.

Subsidiary

São Paulo, SP

Brazil

Chemicals - Plastics and Rubber

1,151.9

 

 

Dow AgroSciences Industrial Ltda.

Subsidiary

Santo Amaro, SP

Brazil

Chemical Manufacturing

455.0

 

 

Dow Chemical Canada Inc.

Subsidiary

Red Deer, AB

Canada

Chemical Manufacturing

7.2

230

 

Dow Chemical Canada Inc

Branch

Varennes, QC

Canada

Fabricated Plastic and Rubber

21.5

75

 

MEGlobal Canada Inc.

Joint Venture

Red Deer, AB

Canada

Chemical Manufacturing

 

10

 

Dow Chemical Canada

Branch

Trois-Rivieres, QC

Canada

Chemical Manufacturing

1.5

2

 

Poly-Carb, Inc.

Subsidiary

Solon, OH

United States

Chemicals - Plastics and Rubber

 

25

 

Pacific Epoxy Company Ltd.

Subsidiary

Kumi, Kyoungbuk

Korea, Republic of

Chemical Manufacturing

 

25

 

Dow Chemical Co

Branch

Midland, MI

United States

Chemical Manufacturing

74.1

23

 

Dow Chemical Co

Branch

Lisle, IL

United States

Chemical Manufacturing

62.0

20

 

Dow Spring House Technical Center

Branch

Spring House, PA

United States

Business Services

 

20

 

The Dow Chemical Company - Belle Rose

Unit

Belle Rose, LA

United States

Chemical Manufacturing

65.4

16

 

The Dow Chemical Company - Washington, DC

Unit

Washington, DC

United States

Business Services

5.3

15

 

Dow Pipeline Co

Branch

Bay City, TX

United States

Oil Well Services and Equipment

10.8

13

 

Dow Chemical Co

Branch

Rancho Cucamonga, CA

United States

Chemicals - Plastics and Rubber

10.0

12

 

Dow Venture Capital

Subsidiary

Midland, MI

United States

Miscellaneous Financial Services

 

10

 

Prairie Brand Seeds LLC

Subsidiary

Story City, IA

United States

Retail (Home Improvement)

 

9

 

Prairie Brand Seeds LLC

Branch

Conde, SD

United States

Retail (Home Improvement)

2.2

1

 

The Dow Chemical Company - Aviation Division

Unit

Baton Rouge, LA

United States

Business Services

 

8

 

Dow Pipeline Co

Branch

Sweeny, TX

United States

Oil Well Services and Equipment

5.8

7

 

Dow Chemical Co

Branch

Deer Park, TX

United States

Retail (Specialty)

1.7

7

 

Dow Chemical Inter-American Limited

Subsidiary

San Juan, PR

United States

Chemical Manufacturing

 

7

 

Dow Chemical Co

Branch

Rosharon, TX

United States

Retail (Specialty)

1.5

6

 

Dow Chemical Co

Branch

Baton Rouge, LA

United States

Retail (Specialty)

1.3

6

 

Dow Chemical Co

Branch

La Porte, TX

United States

Chemical Manufacturing

227.8

5

 

Dow Chemical (NZ) Limited

Subsidiary

Auckland

New Zealand

Chemical Manufacturing

44.5

5

 

Nuvosun Inc

Subsidiary

Milpitas, CA

United States

Miscellaneous Capital Goods

6.7

5

 

The Dow Chemical Co. - Hayward Plant

Facility

Hayward, CA

United States

Chemical Manufacturing

1.2

5

 

Dow Chemical Co

Branch

Lake Arthur, LA

United States

Retail (Specialty)

1.1

5

 

Dow Chemical Co

Branch

Simpsonville, SC

United States

Retail (Specialty)

1.0

5

 

Dow Chemical Co

Branch

Charleston, WV

United States

Retail (Specialty)

1.0

5

 

Dow Chemical Co

Branch

Nevada, IA

United States

Retail (Specialty)

1.0

5

 

Dow Employee Pension Plan

Branch

Midland, MI

United States

Business Services

0.8

5

 

Dow Chemical Co

Branch

North Olmsted, OH

United States

Chemical Manufacturing

9.7

4

 

Dow Pipeline Co

Branch

Paincourtville, LA

United States

Oil Well Services and Equipment

3.4

4

 

Monterey Seed Company, Inc.

Subsidiary

Lubbock, TX

United States

Public Sector and Government

1.1

4

 

Productos Quimicos Peruanos S.A.

Subsidiary

Lima, Lima

Peru

Chemical Manufacturing

 

4

 

Dow Chemical Co

Branch

Decatur, GA

United States

Retail (Specialty)

0.7

3

 

Dow Chemical ISG

Branch

Vandalia, MO

United States

Retail (Specialty)

0.6

3

 

Dow Chemical Co

Branch

Florissant, MO

United States

Business Services

0.3

3

 

Dow Chemical Co

Branch

Midland, MI

United States

Chemical Manufacturing

96.7

2

 

StoHaas Monomer GmbH & Co. KG

Subsidiary

Marl, Nordrhein-Westfalen

Germany

Chemical Manufacturing

38.8

2

 

Dow Chemical Co

Branch

Austin, TX

United States

Chemical Manufacturing

6.6

2

 

Dow Chemical Co

Branch

Newark, DE

United States

Chemical Manufacturing

3.4

2

 

Dow Chemical USA Library

Subsidiary

Plaquemine, LA

United States

Schools

 

2

 

The Dow Chemical Company - Marietta

Unit

Marietta, GA

United States

Retail (Drugs)

120.4

1

 

Dow Chemical Co

Branch

Streamwood, IL

United States

Chemical Manufacturing

3.1

1

 

Dow Chemical Co

Branch

Hawthorn Woods, IL

United States

Chemical Manufacturing

3.1

1

 

Dow Electronic Materials

Branch

Portland, OR

United States

Electronic Instruments and Controls

1.8

1

 

Lightscape Materials Inc

Subsidiary

Princeton, NJ

United States

Electronic Instruments and Controls

6.0

20

 

Rohm And Haas Electronic Materials K.K.

Subsidiary

Shinagawa-Ku, Tokyo

Japan

Personal and Household Products

302.1

 

 

Rohm And Haas Japan K.K.

Subsidiary

Shinagawa-Ku, Tokyo

Japan

Chemical Manufacturing

164.3

 

 

Siam Polystyrene Co., Ltd.

Subsidiary

Bangkok

Thailand

Chemical Manufacturing

 

 

 

Zhejiang Pacific Chemical Corporation

Subsidiary

Ningbo

China

Chemical Manufacturing

 

 

 

Dow International B.V.

Subsidiary

Hoek, Zeeland

Netherlands

Chemical Manufacturing

 

 

 

Dow Agrosciences SAS

Subsidiary

Mougins

France

Chemical Manufacturing

444.0

155

 

Dow Agrosciences Distribution SAS

Subsidiary

Mougins

France

Chemical Manufacturing

238.3

74

 

Zhejiang OMEX Environmental Engineering Co., Ltd.

Subsidiary

Huzhou

China

Chemical Manufacturing

 

 

 

SD Group Service Co., Ltd

Subsidiary

Bangkok

Thailand

Chemical Manufacturing

 

 

 

Dow Chemical (Zhangjiagang) Co., Ltd.

Subsidiary

Zhangjiagang

China

Chemical Manufacturing

 

 

 

Dow Polyurethanes

Unit

Midland, MI

United States

Containers and Packaging

 

 

 

Dow Poliuretani Italia s.r.l

Subsidiary

Milan

Italy

Containers and Packaging

 

 

 

Dow International Holdings Company

Subsidiary

Midland, MI

United States

Miscellaneous Financial Services

 

 

 

Dow International Holdings S.A.

Subsidiary

Horgen

Switzerland

Miscellaneous Financial Services

 

 

 

Dow Europe GmbH

Subsidiary

Horgen

Switzerland

Chemical Manufacturing

 

650

 

Dow France SAS

Subsidiary

La Plaine St Denis

France

Chemical Manufacturing

885.5

301

 

Dow Belgium

Subsidiary

Tessenderlo

Belgium

Chemical Manufacturing

118.8

221

 

Dow Turkiye Kimya Sanayi ve Ticaret Ltd Sti

Subsidiary

Istanbul, Kisim

Turkey

Chemical Manufacturing

 

130

 

Dow Chemical Company Limited

Subsidiary

King's Lynn

United Kingdom

Chemical Manufacturing

 

120

 

Dow Mideast Systems S.A.E. (JSC)

Subsidiary

Sharkia

Egypt

Chemical Manufacturing

 

100

 

Dow International Service Center B.V.B.A.

Subsidiary

Edegem

Belgium

Chemical Manufacturing

 

100

 

Dow Hellas SA

Subsidiary

Lavrio

Greece

Chemicals - Plastics and Rubber

81.8

67

 

Dow Southern Africa (Pty) Ltd.

Subsidiary

Bryanston

South Africa

Chemical Manufacturing

 

60

 

Dow Polska Sp.z.o.o.

Subsidiary

Warsaw

Poland

Chemical Manufacturing

 

40

 

Dow Sverige AB

Subsidiary

Norrköping

Sweden

Chemical Manufacturing

198.3

31

 

Dow Hungary Kft.

Subsidiary

Budapest

Hungary

Chemical Manufacturing

 

6

 

Dow Chemicals Imea Gmbh

Subsidiary

Dubai

United Arab Emirates

Chemical Manufacturing

 

 

 

Dow Italia s.r.l.

Subsidiary

Corregio, RE

Italy

Containers and Packaging

 

 

 

Dow Italia S.r.l.

Unit

Pisticci

Italy

Chemical Manufacturing

 

 

 

Dow (Wilton) Limited

Subsidiary

Middlesbrough

United Kingdom

Chemical Manufacturing

 

 

 

Dow Export GmbH

Subsidiary

Horgen

Switzerland

Chemical Manufacturing

 

 

 

Dow Chemical Canada ULC

Subsidiary

Calgary, AB

Canada

Chemical Manufacturing

 

 

 

SKC Haas Polska Sp.z o. o.

Subsidiary

Dzierzoniow

Poland

Chemical Manufacturing

 

 

 

Terneuzen Partnership Services B.V.

Subsidiary

Terneuzen, Zeeland

Netherlands

Chemical Manufacturing

 

 

 

SAFECHEM North America LLC

Subsidiary

Midland, MI

United States

Chemical Manufacturing

 

 

 

Arabian Chemical Company (Latex) Ltd.

Joint Venture

Jeddah

Saudi Arabia

Chemical Manufacturing

 

 

 

Dow Verwaltungsgesellschaft mbH

Subsidiary

Schkopau

Germany

Chemical Manufacturing

 

 

 

SKC Haas Display Films Japan K.K.

Subsidiary

Tokyo

Japan

Chemical Manufacturing

 

 

 

Dow Chemical Hong Kong Ltd.

Subsidiary

Hong Kong

Hong Kong

Chemical Manufacturing

 

 

 

Wolff Walsrode AG

Subsidiary

 

 

 

 

 

 

Dow Wolff Cellulosics

Subsidiary

Willowbrook, IL

United States

Chemicals - Plastics and Rubber

9.1

100

 

Dow Wolff Cellulosics GmbH

Subsidiary

Bomlitz, Niedersachsen

Germany

Miscellaneous Financial Services

298.0

20

 

Probis GmbH

Subsidiary

Walsrode

Germany

Business Services

 

300

 

 

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Ramon Melgarejo Armada

 

President

President

 

Philippe Marqualle

 

Accounts manager

Sales Executive

 

Hubert Thomann

 

Purchase manager

Purchasing Executive

 

 

 

Annual Profit & Loss

 

 

 

31-Dec-2011

31-Dec-2010

31-Dec-2009

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.71919

0.755078

0.719047

Consolidated

No

No

No

 

 

 

 

Total income

182.5

202.1

181.3

Net sales

160.1

172.2

165.1

Change in stock

-0.3

-0.3

-0.5

Own work capitalised

0.4

1.2

0.7

Supplementary operating income

22.0

28.7

15.0

Other operating income

0.0

0.0

0.5

Other external charges

77.3

90.2

66.7

Cost of goods sold

0.5

0.4

3.9

Taxes and social security costs

7.8

8.2

17.8

Social charges

19.5

19.1

19.7

Total payroll costs

46.3

41.6

51.6

Cost of stock depreciation and amortisation

4.3

1.8

1.1

Fixed asset depreciation and amortisation

12.2

14.7

19.0

Other operating costs

0.3

4.1

10.6

Total operating costs

167.7

179.8

189.8

Net operating income

14.8

22.4

-8.6

Total financial income

8.6

5.7

4.1

Interest payable on loans

0.0

0.0

0.0

Other expenses

5.4

1.9

8.6

Total expenses

5.5

2.0

8.6

Profit before tax

17.9

26.1

-13.1

Extraordinary income

39.6

72.4

23.8

Extraordinary expenses

75.6

46.0

54.8

Extraordinary result

-36.1

26.4

-31.1

Total taxation

0.0

8.5

-

Profit distributed to employees

3.0

1.3

-

Net profit

-

42.7

-

Net loss

21.1

-

44.2

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Dec-2011

31-Dec-2010

31-Dec-2009

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.770327

0.745406

0.696986

Consolidated

No

No

No

 

 

 

 

Issued capital

115.0

118.9

127.1

Share premium account

81.8

84.5

90.4

Legal reserves

0.8

1.0

1.3

Total reserves

13.1

11.9

12.8

Profits for the year

-19.7

43.2

-45.6

Profit brought forward from previous year(s)

28.8

-11.9

32.8

Total stockholders equity

219.7

247.7

218.8

Provisions and allowances

80.8

48.5

71.8

Trade creditors

28.4

48.0

35.2

Advances received

-

0.8

0.2

Bank loans and overdrafts

4.9

1.6

1.9

Current bank debts

-

-

1.1

Other loans

0.6

0.7

1.5

Other liabilities

0.8

0.0

0.0

Debts on fixed assets

-

-

1.8

Taxation and social security

14.2

16.6

15.8

Total current liabilities

48.8

-

55.8

Total debts

48.9

67.8

56.3

Regularisation account

0.0

0.0

0.1

Total liabilities (including net worth)

349.5

364.0

347.1

Patents

-

0.0

0.0

Land

3.1

3.0

4.0

Buildings

16.6

19.3

24.1

Other fixed assets

46.5

28.9

37.1

Long-term investments

42.9

44.2

46.0

Other financial assets

126.8

132.0

138.8

Total non-current assets

235.8

227.6

249.9

Net stocks and work in progress

4.3

4.6

4.4

Trade debtors

45.6

64.8

27.3

Other receivables

13.8

24.9

30.2

Prepaid expenses

0.5

0.3

0.7

Cash and liquid assets

48.5

41.6

34.7

Total current assets

112.7

136.2

97.1

Prepaid expenses and deferred costs

1.0

0.2

0.0

Total assets

349.5

364.0

347.1

 

Annual Ratios

Financials in: USD (mil)

 

 

 

31-Dec-2011

31-Dec-2010

31-Dec-2009

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.770327

0.745406

0.696986

Consolidated

No

No

No

 

 

 

 

Current ratio

2.30

-

1.70

Quick ratio

2.20

-

1.70

Total liabilities to net worth

0.22%

0.27%

0.26%

Net worth to total assets

0.63%

0.68%

0.63%

Collection period

92.70

112.80

48.60

Stock turnover rate

34.90

38.30

39.10

Asset turnover

0.43%

0.48%

0.49%

Profit margin

0.11%

0.15%

-0.08%

Return on assets

0.05%

0.07%

-0.04%

Shareholders' return

0.08%

0.11%

-0.06%

Sales per employee

1,281.95

1,347.17

1,165.46

Profit per employee

143.60

204.23

-92.53

Average wage per employee

370.59

325.43

364.25

Net worth

219.7

247.7

218.8

Number of employees

589

633

668

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.59.71

UK Pound

1

Rs.90.59

Euro

1

Rs.78.22

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.