Overview
- IndustryIndustrial Organic Chemicals1
- HeadquartersSeadrift, Texas1
- Incorporated inNY2
- Business address7501 State Highway 185 North, Seadrift, Tx 779832
- Filer categoryNon-accelerated filer2
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Union Carbide Corporation is a chemicals and polymers company that has been a wholly owned subsidiary of The Dow Chemical Company ("TDCC") since 2001. TDCC has been a wholly owned subsidiary of Dow Inc. since 2019, and Dow Inc. operates all of its businesses through TDCC. Except as otherwise indicated by the context, the terms "Corporation" or "UCC" as used herein mean Union Carbide Corporation and its consolidated subsidiaries and references to "Dow" refer to Dow Inc., together with TDCC and its consolidated subsidiaries.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue87¢$4.1B
- Selling, general and admin0¢$6.0M
- Income tax1¢$42.0M
- Profit12¢$560.0M
Out of $4.0B in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Dividends paid12¢$28.0M
- Kept or used elsewhere88¢$204.0M
Out of $232.0M of cash from operations.4
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $4.4B5 | $3.7B6 | $5.1B7 | $5.4B8 | $4.3B4 | $4.3B4 | $4.0B4 |
| Cost of revenue | $3.5B5 | $3.2B6 | $4.5B7 | $4.6B8 | $3.8B4 | $4.0B4 | $4.1B4 |
| Selling, general and admin | $4.0M5 | $9.0M6 | $9.0M7 | $10.0M8 | $10.0M4 | $6.0M4 | $6.0M4 |
| Income before tax | $529.0M7 | $766.0M8 | $454.0M4 | $297.0M4 | $518.0M4 | ||
| Income tax | $64.0M5 | $130.0M6 | $154.0M7 | $172.0M8 | $73.0M4 | $47.0M4 | -$42.0M4 |
| Net income | $627.0M5 | $427.0M6 | $375.0M7 | $594.0M8 | $381.0M4 | $250.0M4 | $560.0M4 |
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash | $11.0M5 | $11.0M5 | $11.0M6 | $10.0M7 | $11.0M8 | $11.0M4 | $11.0M4 |
| Receivables | $49.0M6 | $40.0M7 | $16.0M8 | $16.0M4 | $17.0M4 | ||
| Inventory | $250.0M6 | $256.0M7 | $227.0M8 | $296.0M4 | $278.0M4 | ||
| Current assets | $2.8B12 | $3.0B5 | $3.1B6 | $2.3B7 | $2.0B8 | $1.9B4 | $1.1B4 |
| Property, plant and equipment | $1.2B7 | $1.2B8 | $894.0M4 | $1.1B4 | $1.1B4 | ||
| Intangible assets | $13.0M6 | $9.0M7 | $7.0M8 | $6.0M4 | $5.0M4 | ||
| Total assets | $5.3B12 | $5.4B5 | $5.2B6 | $4.3B7 | $5.3B8 | $5.2B4 | $4.5B4 |
| Current liabilities | $925.0M12 | $967.0M5 | $1.3B6 | $1.2B7 | $1.0B8 | $1.2B4 | $1.0B4 |
| Long-term debt | $474.0M12 | $393.0M5 | $395.0M6 | $394.0M7 | $260.0M8 | $269.0M4 | $145.0M4 |
| Retained earnings | $3.1B6 | $2.6B7 | $2.5B8 | $2.5B4 | $2.3B4 | ||
| Shareholders’ equity | $1.4B12 | $1.4B5 | $1.7B6 | $1.3B6 | $2.2B4 | $2.2B4 | $2.0B4 |
| Shares outstanding | 936 shares13 | 936 shares14 | 936 shares12 | 936 shares5 | 936 shares6 | 936 shares7 | 936 shares8 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $748.0M5 | $276.0M6 | $406.0M7 | $1.2B8 | $698.0M4 | $566.0M4 | $232.0M4 |
| Depreciation and amortization | $202.0M7 | $199.0M8 | $170.0M4 | $144.0M4 | $182.0M4 | ||
| Cash from investing | -$116.0M7 | -$133.0M8 | -$50.0M4 | -$335.0M4 | -$78.0M4 | ||
| Dividends paid | $570.0M5 | $362.0M6 | $288.0M7 | $1.1B8 | $512.0M4 | $228.0M4 | $28.0M4 |
| Cash from financing | -$290.0M7 | -$1.1B8 | -$647.0M4 | -$231.0M4 | -$154.0M4 |
What it owns
What UNION CARBIDE CORP /NEW/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $5.9B4 Dec 31, 2025 | $5.7B4 Dec 31, 2024 | +2.2% |
| Accumulated depreciation | $4.7B4 Dec 31, 2025 | $4.6B4 Dec 31, 2024 | +2.9% |
| Property and equipment, net | $1.1B4 Dec 31, 2025 | $1.1B4 Dec 31, 2024 | −0.9% |
| Operating-lease assets (leased space) | $56.0M4 Dec 31, 2025 | $61.0M4 Dec 31, 2024 | −8.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $11.0M4 Dec 31, 2025 | $11.0M4 Dec 31, 2024 | 0% |
| Marketable securities, non-current | $13.0M4 Dec 31, 2025 | $12.0M4 Dec 31, 2024 | +8.3% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $5.0M4 Dec 31, 2025 | $6.0M4 Dec 31, 2024 | −16.7% |
| Finite-lived intangibles, gross | $101.0M4 Dec 31, 2025 | $101.0M4 Dec 31, 2024 | 0% |
| Accumulated amortization | $96.0M4 Dec 31, 2025 | $95.0M4 Dec 31, 2024 | +1.1% |
| Finite-lived intangibles, net | $5.0M4 Dec 31, 2025 | $6.0M4 Dec 31, 2024 | −16.7% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $278.0M4 Dec 31, 2025 | $296.0M4 Dec 31, 2024 | −6.1% |
| Raw materials | $78.0M4 Dec 31, 2025 | $72.0M4 Dec 31, 2024 | +8.3% |
| Work in process | $36.0M4 Dec 31, 2025 | $44.0M4 Dec 31, 2024 | −18.2% |
| Finished goods | $218.0M4 Dec 31, 2025 | $238.0M4 Dec 31, 2024 | −8.4% |
| Supplies | $111.0M4 Dec 31, 2025 | $94.0M4 Dec 31, 2024 | +18.1% |
Properties, in its own words
The Corporation operates eight manufacturing sites in three countries. The Corporation considers its properties to be in good operating condition and that its machinery and equipment have been well maintained. The following are the major production sites:
United States: · Hahnville (St. Charles), Louisiana; Seadrift and Texas City, Texas.
The rest of Item 2
All of UCC's plants are owned or leased, subject to certain easements of other persons that, in the opinion of management, do not substantially interfere with the continued use of such properties or materially affect their value. No title examination of the properties has been made for the purpose of this report.
A summary of property, classified by type, is contained in Note 8 to the Consolidated Financial Statements.
Item 2 of the 10-K filed Feb 3, 2026.3
Former names
- UNION CARBIDE CHEMICALS & PLASTICS CO INCMay 2, 1994 to May 2, 19942
Timeline
Filings
22 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 2 major events. The latest 20:
- Jul 24, 202610-Q EDGAR
- Apr 24, 202610-Q EDGAR
- Feb 3, 202610-K EDGAR
- Oct 24, 202510-Q EDGAR
- Jul 25, 202510-Q EDGAR
- Apr 25, 202510-Q EDGAR
- Feb 4, 202510-K EDGAR
- Oct 25, 202410-Q EDGAR
- Jul 26, 202410-Q EDGAR
- Apr 26, 202410-Q EDGAR
- Jan 31, 202410-K EDGAR
- Dec 6, 20238-K EDGAR
- Nov 6, 20238-K EDGAR
- Oct 25, 202310-Q EDGAR
- Jul 26, 202310-Q EDGAR
- Apr 26, 202310-Q EDGAR
- Feb 1, 202310-K EDGAR
- Oct 21, 202210-Q EDGAR
- Jul 22, 202210-Q EDGAR
- Apr 22, 202210-Q EDGAR
The 22 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
SEC filer profile
How UNION CARBIDE CORP /NEW/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUNION CARBIDE CORP /NEW/1
- CIK0000100790
- Employer ID (EIN)13-14217303
- Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company3
- Incorporated inNew York3
- Fiscal year endsDecember 311
- Industry code (SIC)2860 Industrial Organic Chemicals1
- SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
- Business address7501 State Highway 185 North, Seadrift, TX 779831
- Phone361-553-29971
- Shares outstanding936 as of Jul 24, 202611
- Public float$0 as of Jun 30, 20254
- AuditorDELOITTE & TOUCHE LLP, Midland, Michigan PCAOB ID 34; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceMay 2, 19941
- Filings286 in all: 10-Q (98), 8-K (53), 10-K (29), SC 13G/A (15), SC 13G (13), DEFA14A (10), 11-K (7), DEF 14A (6)1
All 32 form types
S-8 (6), UPLOAD (6), 424B2 (5), CORRESP (4), S-3 (4), S-8 POS (4), 10-K405 (3), 10-Q/A (3), 4 (3), S-3/A (3), 10-K/A (1), 11-K/A (1), 15-12B (1), 3 (1), 424B3 (1), 424B5 (1), 8-A12B/A (1), 8-B12B (1), 8-K/A (1), DEFM14A (1), POS AM (1), S-3DPOS (1), SC 13D (1), SC 13D/A (1)
- Latest filingsAnnual report (10-K) Feb 3, 2026
Quarterly report (10-Q) Jul 24, 2026
Proxy statement (DEF 14A) Mar 13, 2000
Latest 8-K (8-K) Dec 6, 2023
Risk factors and legal proceedings
The risks UNION CARBIDE CORP /NEW/ names in Item 1A of its 10-K filed Feb 3, 2026: 13 risks under these headings, as written.3
- CLIMATE CHANGE - RELATED RISKS
- Climate Change: Climate change-related risks and uncertainties, legal or regulatory responses to climate change and a failure of TDCC's parent company, Dow Inc., to meet its climate change commitments could negatively impact the Corporation’s results of operations and/or financial condition.
- MACROECONOMIC RISKS
- Global Economic Considerations: The Corporation operates in a global, competitive environment which gives rise to operating and market risk exposure.
- Financial Flexibility: Market conditions, availability of credit and changes in TDCC's credit ratings could reduce TDCC's financial flexibility, which could impact the financial flexibility of the Corporation.
- Pension and Other Postretirement Benefits: Increased obligations and expenses related to the Corporation's defined benefit pension plans and other postretirement benefit plan could negatively impact UCC's financial condition and results of operations.
- Supply/Demand Balance: Earnings generated by the Corporation vary based in part on the balance of supply relative to demand within the industry.
- LEGAL AND REGULATORY RISKS
- Environmental Compliance: The costs of complying with evolving regulatory requirements could negatively impact the Corporation's financial results. Actual or alleged violations of environmental laws or permit requirements could result in restrictions or prohibitions on plant operations, substantial civil or criminal sanctions, as well as the assessment of strict liability and/or joint and several liability.
- Litigation: The Corporation is party to a number of claims and lawsuits arising out of the normal course of business with respect to commercial matters, including product liability, governmental tax and regulation disputes, and other actions.
- Health and Safety: Increased concerns regarding the safe use of chemicals and plastics in commerce and their potential impact on the environment have resulted in more restrictive regulations and could lead to new regulations.
- Plastic Waste: Increased concerns regarding plastic waste in the environment, resulting in the demand for substitute materials; brand owners selectively reducing their use of plastic products; a lack of plastic waste collection and recycling infrastructure and a failure to develop circular plastic materials or a circular economy for plastics; and/or the development of new or more restrictive regulations and rules related to plastic waste and related emissions could reduce demand for the Corporation’s plastic products and could negatively impact the Corporation’s financial results.
The other 4 risks
- OPERATIONAL RISKS
- Raw Materials and Energy: Availability of purchased feedstocks and energy, and the volatility of these costs, impact the Corporation's operating costs and add variability to earnings.
- Operational Event: A significant operational event could negatively impact the Corporation's results of operations.
- Cybersecurity Threat: Disruption of the Corporation's information technology, data security, and other operating or third-party systems, including disruption of the ability to safely and reliably operate the Corporation's facilities; the risk of loss of the Corporation's proprietary information including trade secrets, know-how or other sensitive business information; and the risk of loss or security of the private data of the Corporation, its customers and its employees could negatively impact the Corporation's results of operations, financial condition and reputation.
- Public Health Crisis: A public health crisis or global outbreak of disease could have a negative effect on the Corporation's manufacturing operations, supply chain and workforce, creating disruptions that could have a substantial negative impact on the Corporation’s results of operations, financial condition and cash flows.
Legal proceedings
The Corporation is and has been involved in a large number of asbestos-related suits filed primarily in state courts during the past several decades. These suits principally allege personal injury resulting from exposure to asbestos-containing products and frequently seek both actual and punitive damages. The alleged claims primarily relate to products that UCC sold in the past, alleged exposure to asbestos-containing products located on UCC's premises, and UCC's responsibility for asbestos suits filed against a former subsidiary, Amchem Products, Inc.
For additional information, see Asbestos-Related Matters in Management's Discussion and Analysis of Financial Condition and Results of Operations, and Notes 1 and 12 to the Consolidated Financial Statements.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARCompleted an acquisition or sale
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