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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Bocor who wrote (13762)	1/8/2013 6:25:34 AM
From: Ditchdigger	Respond to of 34328

I continue to hold DOW and reinvest the divy's. Probably doesn't meet dividend growth targets for many, but looking out a few years I like the future prospects as/if demand increases. Not sure if many are following the price of ngls' -ethane, propane, etc., but the feedstock price advantage as a result of these shale plays(including dry gas) shouldn't be ignored or underestimated ,imo. DOW's been a laggard when compared to a few other chemical co.'s. Maybe a dogs of the dow play? (ha) I'll be listening for AA's reported comments on energy usage. "US Gulf Coast ethane prices fall to 10-year low on high inventories" Houston (Platts)--30Nov2012/1146 am EST/1646 GMT http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Petrochemicals/8961007 "Spot ethane prices have fallen 71.0% since the beginning of the year, when they were around 78.00 cents/gal." http://www.icis.com/Articles/2012/12/21/9626377/outlook-13-us-ethane-spot-prices-may-rebound-from-historic-lows.html Dow Restarts St. Charles Olefins Plant; Increases NGL Demand BRY Message Board Msg 106809 of 106811 at 1/7/2013 9:44:11 AM by rdesroch Dow Restarts St. Charles Olefins Plant; Increases NGL Demand Dow Restarts St. Charles Olefins Plant; Increases Company Ethylene Supply through Investment in U.S. Gulf Coast Press Release: The Dow Chemical Company – MIDLAND, Mich.--(BUSINESS WIRE)-- The Dow Chemical Company (DOW) today announced that the Company’s St. Charles Olefins 2 Plant near Hahnville, La. began producing on-spec ethylene on December 25, 2012, meeting previously announced targets to re-start the plant by year-end 2012. “The start-up of our St. Charles ethylene plant represents the first major milestone within our U.S. Gulf Coast investment strategy,” said Brian Ames, president, Dow Olefins, Aromatics and Alternatives. “This action further reduces the company’s purchased ethylene, lowering costs and strengthening the competitiveness of our high-margin, high-growth derivatives businesses.” This milestone is part of Dow’s comprehensive investment plan to further connect its U.S. operations with cost-advantaged feedstocks from increasing supplies of U.S. shale gas and deliver long-term competitive advantage for Dow’s downstream businesses. Plans to increase ethylene and propylene supply and ethane cracking capabilities at existing U.S. Gulf Coast facilities strengthen the competitiveness of Dow’s Performance Plastics, Performance Products and Advanced Materials businesses and enable profitable growth in the Americas. The St. Charles plant, which was idled in January 2009, is expected to deliver a $150 million increase in EBITDA in 2013.