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Dow (DOW) Launches Dowsil VE-8001 Flexible Silicone Adhesive

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Dow Inc. (DOW - Free Report) launched Dowsil VE-8001 Flexible Silicone Adhesive for foldable and flexible displays, smartphones, and various other types of electronic devices.

Notably, Dowsil VE-8001 adhesive is simple to use, offers low temperature curing for reduced energy costs and durable mechanical properties. Its tensile strength and elongation help control the stress neutral line, which prevents damage to the display, particularly in the folded region.

Per Dow’s management, Dowsil VE-8001 adhesive boosts production with primerless adhesion, effectively cures with moderate heat and has the perfect element for an elastic layer within a foldable display. Moreover, it supports the reliability of consumer devices by meeting the demands of greater usage.

The new silicone adhesive can be applied with screen printing, roll-to-roll coating, automatic dispensing or injection molding. Further, it demonstrates stable mechanical properties after both dynamic and static testing. Also, the adhesive offers shock resistance to help protect the display panel from drops or any other impacts.

Dow’s shares have lost 20% in the past year compared with the 11.8% decline recorded by the industry.

 

 

The company, on its first-quarter earnings call, said that it was seeing indications of a recovery from the virus outbreak in China, while still assessing the impacts of the same in other major geographies. Factoring in a gradual and sustainable return of global economic activities, and the reopening of economies in May and June, it expects recovery as the year progresses.

Dow Inc. Price and Consensus

 

Zacks Rank & Stocks to Consider

The company currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the basic materials space are Royal Gold, Inc. (RGLD - Free Report) , Sandstorm Gold Ltd (SAND - Free Report) and Harmony Gold Mining Company Limited (HMY - Free Report) .

Royal Gold has a projected earnings growth rate of 66.2% for the current year. The company’s shares have surged around 15% in a year. It currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Sandstorm Gold has a projected earnings growth rate of 55.6% for the current year. The stock has gained around 71% in a year. It currently has a Zacks Rank of 2.

Harmony Gold has an expected earnings growth rate of 264.3% for 2020. The company’s shares have gained 145.6% in the past year. It is presently a Zacks #2 Ranked player.

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