- js reader version
- view hidden posts
- tags and related articles
by Farris Wahbeh
Saturday, Dec. 07, 2002 at 3:20 PM
Dow Chemical's excuse for not being able to acknowledge their reprehensive actions in Bhopal. In short, the company fears creating precedence for other major companies and their refusal to jeopardize their stockholders.
I somehow mysteriously received via e-mail a press release issued by Dow Chemical regarding Bhopal. In the release, the corporation refuses to acknowledge their responsibility because it would cost their shareholders "billions of dollars". And, furtermore, cost the company millions of dollars for "clean-up and compensation". What's more, Dow dosen't want to set a precedent in regards to their responsibility in Bhopal in fear that other industry giants, (BP, Shell, et.al.), might come under fire. I have copied the text here from Dow's email as I received it
December 3, 2002
FOR IMMEDIATE RELEASE
DOW ADDRESSES BHOPAL OUTRAGE, EXPLAINS POSITION
Company responds to activist concerns with concrete action points
In response to growing public outrage over its handling of the Bhopal
disaster's legacy, Dow Chemical (http://www.dow-chemical.com) has
issued a statement explaining why it is unable to more actively
address the problem.
"We are being portrayed as a heartless giant which doesn't care about
the 20,000 lives lost due to Bhopal over the years," said Dow
President and CEO Michael D. Parker. "But this just isn't true. Many
individuals within Dow feel tremendous sorrow about the Bhopal
disaster, and many individuals within Dow would like the corporation
to admit its responsibility, so that the public can then decide on the
best course of action, as is appropriate in any democracy.
"Unfortunately, we have responsibilities to our shareholders and our
industry colleagues that make action on Bhopal impossible. And being
clear about this has been a very big step."
On December 3, 1984, Union Carbide--now part of Dow--accidentally
killed 5,000 residents of Bhopal, India, when its pesticide plant
sprung a leak. It abandoned the plant without cleaning it up, and
since then, an estimated 15,000 more people have died from
complications, most resulting from chemicals released into the
Although legal investigations have consistently pinpointed Union
Carbide as culprit, both Union Carbide and Dow have had to publicly
deny these findings. After the accident, Union Carbide compensated
victims' families between US0 and US0 per victim.
"We understand the anger and hurt," said Dow Spokesperson Bob Questra.
"But Dow does not and cannot acknowledge responsibility. If we did,
not only would we be required to expend many billions of dollars on
cleanup and compensation--much worse, the public could then point to
Dow as a precedent in other big cases. 'They took responsibility; why
can't you?' Amoco, BP, Shell, and Exxon all have ongoing problems that
would just get much worse. We are unable to set this precedent for
ourselves and the industry, much as we would like to see the issue
resolved in a humane and satisfying way."
Shareholders reacted to the Dow statement with enthusiasm. "I'm happy
that Dow is being clear about its aims," said Panaline Boneril, who
owns 10,000 shares, "because Bhopal is a recurrent problem that's
clogging our value chain and ultimately keeping the share price from
expressing its full potential. Although a real solution is not
immediately possible because of Dow's commitments to the larger
industry issues, there is new hope in management's exceptional new
clarity on the matter."
"It's a slow process," said Questra. "We must learn bit by bit to meet
this challenge head-on. For now, this means acknowledging that much as
it pains us, our prime responsibilities are to the people who own Dow
shares, and to the industry as a whole. We simply cannot do anything
at this moment for the people of Bhopal."
Dow Chemical is a chemical products and services company devoted to
bringing its customers a wide range of chemicals. It furnishes
solutions for the agriculture, electronics, manufacturing, and oil and
gas industries, including well-known products like Styrofoam, DDT, and
Agent Orange, as well as lesser-known brands like Inspire, Retain,
Eliminator, Quash, and Woodstalk. For more on the Bhopal catastrophe,
please visit Dow at http://www.dow-chemical.com/.
# 30 #
Report this post as:
LATEST COMMENTS ABOUT THIS ARTICLE
Listed below are the 10 latest comments of 13 posted about this article.
These comments are anonymously submitted by the website visitors.
||Saturday, Dec. 07, 2002 at 5:28 PM
||Sunday, Dec. 08, 2002 at 3:16 PM
||Tuesday, Dec. 10, 2002 at 1:11 PM
||Wednesday, Dec. 11, 2002 at 1:59 PM
||Wednesday, Dec. 18, 2002 at 6:21 PM
||Friday, Dec. 20, 2002 at 4:48 PM
||Thursday, Dec. 26, 2002 at 1:30 PM
||Tuesday, Dec. 31, 2002 at 1:43 PM
||Thursday, Jan. 02, 2003 at 11:03 AM
||Saturday, Jan. 04, 2003 at 8:43 PM
||Thursday, Jan. 09, 2003 at 8:26 PM
||Saturday, Jan. 11, 2003 at 4:19 PM
More Pix: "Families Belong Together," Pasadena
"Families Belong Together" March, Pasadena
Short Report on the Families Belong Together Protest in Los Angeles
Summer 2018 National Immigrant Solidarity Network News Alert!
Watch the Debate: Excluded Candidates for Governor of California
Change Links June 2018 posted
The Montrose Peace Vigil at 12 Years
Unity Archive Project
Dianne Feinstein's Promotion of War, Secret Animal Abuse, Military Profiteering, Censorshi
CA Senate Bill 1303 would require an independent coroner rather than being part of police
Three years after OC snitch scandal, no charges filed against sheriffs deputies
California police agencies violate Brown Act (open meetings)
Insane Company Wants To Send Nuke Plant Waste To New Mexico
Change Links May 2018
Worker-Owned Car Wash on Vermont Closed
GUIDE TO REBEL CITY LOS ANGELES AVAILABLE
lausd whistle blower
Help KCET and UCLA identify 60s-70s Chicano images
UCLA Luskin: Casting Youth Justice in a Different Light
Change Links April 2018
Nuclear Shutdown News March 2018
Join The Protest Rally in Glendale on April 10, 2018!
Spring 2018 National Immigrant Solidarity Network News Alert!
Anti-Eviction Mapping Project Shows Shocking Eviction Trends in L.A.
Steve Mnuchin video at UCLA released
Actress and Philanthropist Tanna Frederick Hosts Project Save Our Surf Beach Clean Ups
After Being Told He's 'Full of Sh*t' at School Event, Mnuchin Demands UCLA Suppress Video
More Local News...
Paraphysique de martyrologie
[NEW HOT] World Soccer King Hack Coins and Gems
Asian Countries:Cambodia, Vietnam, N. Korea do not permit unlawful immigration
Children Incorporated Earns 4-Star Rating on Charity Navigator
Democratic Socialists of America
Leonard Peltier Non Violent Native American Political Prisoner since 1970's
Paraphysique miscellanées de l'aggiornamento
Actress and Philanthropist Tanna Frederick Hosts Project Save Our Surf Beach Cleanup
FBI Investigated LA County Sheriff Baca,Why Not Hank Skinner's Persecution?
Updated Partial List Of Famous Vegetarians, Vegans, & Fruitarians
The Shortwave Report 07136/18 Listen Globally!
Social Policy as Social Infrastructure
Vol I: 84 Varieties Of GOP Election Fraud
Texas Can Call it An Execution,But It is A State Sponsored Murder of Hank Skinner..
June 2018 Honduras coup update
Maria Estrada doubles down on racist support
New York Women in Film & Television Announces 2018 NYWIFT Ha Phuong Scholarship Recipients
Trapps de la domination, trapps de l'aliénation
Please Work For The Defeat Of Brett Kavanaugh And Why
Change Links 2018 July posted
Transinhumanisme ( transe inhumanisme )
Google, World's Biggest Censor, Was Founded By The CIA
For a World Free of Nuclear Risks
Corrupt CDC Ignores Meat Fish Recalls
The (Temporary) End of Globalization
Aternatives to Abortions such as Plan B the pill, condoms and IUD
U.S Congressional Legal Minds Know Better Than Allowing Texas To Murder Hank Skinner
ACLU in many US states defends in court KKK and American Nazis Sometimes for Money
More Breaking News...