Dow Announces Price Increase On UCON Fluids And Lubricants

Midland, MI - Effective November 1, 2005, The Dow Chemical Company is announcing an increase on list and off-list prices for all UCON Fluids and Lubricants sold in North America.

The following increases will apply:

• List and off-list prices of UCON Hydrolube Concentrates will increase by US$0.05 per pound/lb.
• List and off-list prices of UCON Fully Formulated Hydrolubes and High-pressure fluids by US$0.05 per pound/lb.
• List and off-list prices of UCON Lub LB and SYNALOX* polyglycols PB-series base fluids by US$0.10 per pound/lb.
• List and off-list prices of UCON Lub HB and H-series base fluids by US$0.10 per pound/lb.
• List and off-list prices of UCON TPEG and MPEG products by US$0.05 per pound/lb.
• List and off-list prices of the following formulated UCON Fluids and Lubricant products or their off-brand equivalents by US$0.10 per pound/lb:

  UCON Calendar Lubricants	UCONALL™ Lubricants
  UCON Textile and Rubber Lubricants	UCON Coating Fluids
  UCON Sugar Lubricants	UCON Solder Assist Fluids
  UCON Heat Transfer Fluids	UCON Metalworking Lubricants
  UCON Process Fluids	UCON Compressor Lubricants
  UCON Food Grade Lubricants	UCON LB-X Lubricants
  UCON Hydraulic Fluids	UCON Formulated HB- and H-series Lubricants
  UCON Quenchants

"We continue to experience an unprecedented escalation in raw material costs. The devasting effects of Hurricane Katrina have put additional pressure on critical petrochemical feedstocks and energy prices,." said Pete Pendergast, Marketing Manager for Dow's UCON Fluids and Lubricants business. "In addition, the disruption in the transportation infrastructure in the Gulf Coast has further tightened supply of key raw materials utilized to manufacture our products. We must implement these increases in order to offset the rising costs to manufacture and transport our products and remain a strong and reliable supplier".

SOURCE: Dow Chemical Company