Dow Increases Prices for Emulsion Polymers for Paper and Paperboard in North America

Midland, MI - January 30, 2008

Effective February 15, 2008, or as contracts permit, Dow’s Emulsion Polymers business is increasing the prices of all styrene butadiene (S/B) latex and acrylic latex products sold into the paper and paperboard industries by US$0.03/lb (dry) in the United States and Canada.

Dow is implementing this price increase on its latex products to help offset the rising costs of raw materials and hydrocarbons. The escalation in the cost of many key raw materials, such as benzene, styrene and butadiene used to manufacture Dow products has eroded margins to unsustainable levels.

Dow Emulsion Polymers is dedicated to providing the paper and paperboard industry with the widest and most innovative range of styrene butadiene and styrene acrylate latex technologies and is the leading manufacturer of S/B latex and solid plastic pigments that are used in coatings for fine papers, publication papers and coated paperboard used in packaging.

About Dow

For more information about Dow offerings for the paper industry, please call 1-800-447-4369, or visit www.dowpaperlatex.com.

For Editorial Information:

Jennifer Holzinger
The Dow Chemical Company
+1.989.636.8537