Union Carbide Corporation is a wholly owned subsidiary (since 2001) of Dow Chemical Company. It currently employs more than 2,400 people. Union Carbide produces chemicals and polymers that undergo one or more further conversions by customers before reaching consumers. Some are high-volume commodities and others are specialty products meeting the needs of smaller markets. Markets served include paints and coatings, packaging, wire and cable, household products, personal care, pharmaceuticals, automotive, textiles, agriculture, and oil and gas. The company is a former component of the Dow Jones Industrial Average. Union Carbide was 50.9% stakeholder in Union Carbide India Limited, the company responsible for the Bhopal disaster.