Midland, MI - October 16, 2006

The Dow Chemical Company (“Dow”) is increasing prices globally for METHOCEL™ cellulose ethers for construction applications by 4 to 8 percent, depending on grade and market, effective November 15, 2006 or as contracts allow.

“This increase is necessary to partially offset the rise in raw material and energy costs over the last two years,” said Marty Kollmeyer, global business director.  “In addition, it will also enable us to continue to invest in the development of new products and technologies, and supply expansions in support of the construction polymers market .”

About The Dow Chemical Company

Dow is a diversified chemical company that harnesses the power of science and technology to improve living daily. The Company offers a broad range of innovative products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $46 billion and employs 42,000 people worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

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For Editorial Information:

Jennifer Sigsworth
The Dow Chemical Company
(989) 636-1113