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Dow Chemical Leaves NAM in Dispute Over Gas Exports

After accusing the National Association of Manufacturers (NAM) of favoring member companies that export natural-gas, Dow Chemical officially parted ways with the trade group in a letter sent to NAM President Jay Timmons on Friday.

"The unfettered export of natural gas is widely understood to have serious implications for the cost and volatility of manufacturing feedstock prices," Dow Chemical says in the letter, a copy of which was acquired by Dow Jones. "NAM's decision therefore places the views of oil and gas producers above the interests of its manufacturing members."

Dow Chemical is involved in a similar dispute with the America Chemistry Council (ACC). Dow says their continued membership in the ACC “remains to be seen.”