Dow Technology Wins 2023 ICIS Innovation Award
- Company recognized for Best Digital Innovation for a Large Company
- Two additional finalists in Best Product Category
MIDLAND, Michigan. – July 25, 2023 – A groundbreaking digital technology platform from Dow (NYSE: DOW) was recently honored with an ICIS Innovation Award, which recognizes companies who are paving the way in product, process, and sustainability innovations across the chemicals industry.
DOW™ Paint Vision has been chosen as a winner in the Best Digital Innovation category, which acknowledges transformative digital innovations that stand apart from the status quo. This category honors solutions and projects that are particularly effective in promoting digital transformation and bringing about sustainable change. Two Dow technologies and products were also listed as finalists in the Best Product Innovation category in this year’s contest.
In the coatings industry, the formulation of paints represents a multifaceted and technical procedure that demands significant time and resources. It requires users to combine raw materials in various combinations and test the resulting film performance, while also continually tweaking and testing to find a maximized balance of properties.
Built and backed by Dow scientists across the globe, DOW™ Paint Vision offers data-driven capabilities designed to simplify the formulation process and accelerate innovation. Through a personalized digital experience, DOW™ Paint Vision helps paint manufacturers facilitate virtual paint formulation with a suite of online tools, addressing market trends, pricing, and regulatory considerations, while helping to meet sustainability requirements to enable a safer world.
By leveraging artificial intelligence, modeling, and decades of materials science expertise in paint formulation, DOW™ Paint Vision revolutionizes the formulation process by providing the coatings industry with an innovative platform that helps formulators achieve performance targets faster and more efficiently across the coatings value chain.
“Paint Vision is Dow’s first digital platform designed 100 percent by and for coatings formulators,” said Tracy Young, global director for research & development and technical service & development for Dow Coating Materials. “Dow Paint Vision is a collaborative digital tool that allows us to deliver innovative formulated solutions to our customers, bringing data to create a competitive advantage in the coatings segment and optimize their business processes to serve their needs.”
Best Product Innovation from a Large Company – DEXCARE™ CD-1 Polymer is a deposition aid for sustainable beauty care. It is Dow’s first dextran technology, which means it is derived from cane sugar via bio-fermentation, and delivers enhanced performance and resource efficiency.
Best Product Innovation from a Large Company – EcoSense™ GL-60 HA/HL Surfactants are novel bio-surfactants for personal care applications, aiming to meet the strong demand of more sustainable surfactants without sacrificing the performance. They are made from a green fermentation process, offering excellent mildness, cleansing, emulsifying and oils solubilization benefits.
Learn more about Dow’s latest strides in Innovation, and award winning products and technology on dow.com.
About Dow Coating Materials
Dow Coating Materials leads innovation in technologies that help advance the performance of paints and coatings. Our water-based acrylic emulsion technology revolutionized the global paint industry, and was named a historic chemical landmark by the American Chemistry Association. We offer a broad portfolio of binders, dispersants, rheology modifiers and surfactants for a wide variety of end markets. Highly experienced, full-service technical teams support our products, and we continue to strengthen our global supply chain through manufacturing excellence and reliable supply.
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance leadership to achieve profitable growth and help deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates manufacturing sites in 31 countries and employs approximately 37,800 people. Dow delivered sales of approximately $57 billion in 2022. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
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