From Latin flÅ«ctuÄns, flÅ«ctuant- , present participle of flÅ«ctuÄre, to fluctuate; see fluctuate. adjective. 1  Subject to change or variation: variable: fluctuant oil prices. 2  Medicine Capable of being moved or compressed.3  Used of an abnormal mass such as a tumor or abscess. 4  Moving in waves.djective. 1  Subject to change or variation: variable: fluctuant oil prices. 2  Medicine Capable of being moved or compressed. 3  Moving in waves.
Like Gulf Oil, Texaco was founded in 1901 after a major oil strike at Spindletop near Beaumont, Texas. The company was officially incorporated as The Texas Company in 1902 and the word Texaco was first used as a brand (for asphalt, not gasoline) in 1903.
In 1989, The Dow Chemical Company, which was founded in 1897, entered a joint venture with the Elanco Plant Sciences business of Eli Lilly and Company resulting in the formation of DowElanco. In 1997, The Dow Chemical Company acquired 100 percent ownership of the business and renamed it Dow AgroSciences. Today, we employ more than 9,000 people worldwide, and our 2016 global sales were $6.2 billion (U.S.). Find out more about Dow AgroSciences history.