Dow Announces Price Increases for CARBOWAX And CARBOWAX SENTRY PEGs And Other Polyglycols Effective January 1, 2008

Midland, MI - The Dow Chemical Company announced recently that its Polyglycols and Surfactants business will increase the North American off-list prices of certain CARBOWAX and CARBOWAX SENTRY Polyethylene Glycols (PEGs) and other polyglycol products effective January 1, 2008, or as contracts allow. Price increases for select polyglycols will range from $.03/lb to $.20/lb, depending on the product and the grade. These increases are driven by strong demand and persistently high raw material costs.

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.

SOURCE: The Dow Chemical Company