Midland, MI - February 06, 2008

The Dow Chemical Company announced today that its Polyglycols and Surfactants business will increase the North American off-list prices of certain CARBOWAX™ and CARBOWAX™ SENTRY™ Polyethylene Glycols (PEGs) and Methoxypolyethylene Glycols (MPEGs), Molten CARBOWAX™, and other polyglycol products effective March 1, 2008, or as contracts allow. Price increases for select polyglycols will range from $.03/lb to $.05/lb, depending on the product and the grade. These increases are driven by strong demand and persistently high raw material costs.

Background

Dow was the first company to commercialize the production of polyethylene glycols in 1940 and is still recognized around the world as a leader in the business. CARBOWAX™ and CARBOWAX ™ SENTRY™ Polyethylene Glycols (PEGs) and Methoxypolyethylene Glycols (MPEGs) are a family of water soluble linear polymers formed by the addition reaction of ethylene oxide. They are used in applications such as adhesives, cosmetics/personal care, household products, pharmaceuticals, printing and inks, textiles, wood treating and more. Other polyglycol products from Dow are used in applications including foam control, lubricants, surfactants and other applications.

If you would like any additional information regarding the price increases noted above please contact a Dow representative.

About Dow

For Editorial Information:

Harold Nicoll
The Dow Chemical Company
989-636-5162