Dow plans to buy this bio-based ethylene, which will reduce carbon emissions from plastic manufacture and can be utilized in recyclable applications such as transportation, footwear and packaging. Image Source: Zacks Investment Research On its first-quarter call, Dow said that its disciplined execution has enhanced its ability to navigate the impact of higher inflation on consumer demand and weak global economic activity through the balance of 2023. Dow Inc. DOW and New Energy Blue recently signed a long-term supply arrangement in North America under which the latter will produce bio-based ethylene from renewable agricultural residues.