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Dow Inc., a leading materials science company, was spun off from DowDuPont on April 1, 2019. The company has manufacturing facilities in 31 countries and focuses on products for the consumer care, infrastructure, and packaging markets.

U.S. markets remained near the flat line. The one outlier is the Russell 2000, which leads the pack with a gain of over 1%. Traders seem to be on hold until the release of CPI data tomorrow morning. In related, news, producer prices by way of the PPI report this morning were a bit hotter than expected in certain areas, but overall the report was viewed by most as benign. PPI rose 0.5% in April, above expectations for a 0.3% gain. The March reading was revised down to a 0.1% drop. Meanwhile, Fed Chairman Jerome Powell spoke publically and suggested that recent progress on inflation was not as robust as hoped -- but he also maintained that prices should move down on a monthly basis. Crude oil is trading near $78 per barrel, while gold is up $11 to trade above $2354 per ounce.

Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.