The Dow Chemical Company’s (DOW) subsidiary Dow AgroSciences has launched a food security initiative in Africa in collaboration with AMPATH, an Indiana University-led consortium. Through the initiative, Dow AgroSciences and AMPATH will educate the people in Africa to fight hunger by offering local farmers with agricultural knowledge that will help them to improve their crop yield and hence their quality of life.
Dow AgroSciences is sending its employees to Kenya to work with AMPATH so that they can learn about the agricultural practices and create ideas to improve local food security in the region.
The Finance Manager at Dow AgroSciences, LaRon Beemer, will be the first employee to work in Kenya for this project. Beemer has the requisite expertise to promote and sell produce for a fair market price. He will provide sustainable solutions by identifying the areas of need.
Dow AgroSciences found AMPATH an ideal partner as it provides holistic healthcare services in Kenya. AMPATH organization is a collaboration between Moi University, Moi Teaching and Referral Hospital, and a consortium of North American academic health centers led by the Indiana University School of Medicine and works together with the Government of Kenya. The organization is committed to initiating locally-led programs, and has led the Kenyan farmers to produce food for its patients and local communities.
Dow is a Zacks Rank #3 (Hold) stock.
Other companies in the chemical space with a favorable Zacks Rank include Compass Minerals International Inc. (CMP), L'Air Liquide SA (AIQUY) and Koninklijke DSM N.V. (RDSMY). While Compass Minerals carries a Zacks Rank #1 (Strong Buy), both L'Air Liquide and Koninklijke DSM hold a Zacks Rank #2 (Buy).
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