Dow Secures New ContractsTo Supply DOWTHERM™ A
Heat Transfer Fluid in 2012

Concentrated Solar Power (CSP) contracts lead to record supply volumes of DOWTHERM™ A

New York, NY - October 04, 2011

 

The Dow Chemical Company (NYSE: DOW) today announced it has been awarded additional contracts to supply DOWTHERM™ A heat transfer fluid to key projects in the Concentrated Solar Power market. These recent projects, which include Termosolar Guzman, Astexol-2 (Elecnor), Aste 1A (Elecnor), Aste 1B (Elecnor), Extresol 3,Orellana, Africa Solar and Termosolar Borges are slated to begin in late 2011 and 2012 and are expected to bring approximately 375 MW of power.

“These newest contracts demonstrate Dow’s continued market leadership in CSP solar power applications, Clint Schmidt, Strategic Marketing Manager for Dow stated. “These key contracts will propel Dow to once again achieve record supply volumes of DOWTHERM™ A for solar power applications.”

As of September, 2011, Dow has filled 22 plants. These plants will provide power for the equivalent of approximately 650,000 homes and save 2.5 million metric tons of CO2 emissions per year.

As a market leader in CSP grade heat transfer fluids, Dow offers complete customer solutions approach to support market growth, including innovation, engineering expertise, reliable supply chain, delivery of high quality, high volume products to remote locations, and regeneration opportunities. Dow’s continual growth in the CSP market helps to provide more sustainable sources of energy on a global scale.

How CSP Works
CSP uses parabolic mirrors to reflect and magnify heat from the sun onto a closed circulating loop containing DOWTHERM™ A heat transfer fluid. The fluid collects the heat energy and transports it to a power station where it is used to produce steam, which drives turbines that generate electricity. DOWTHERM™ A is a specialized heat transfer fluid capable of accommodating temperatures up to 400 degrees Celsius.

Solar power technology like CSP offers many advantages in regions that require reliable new sources of energy. The technology helps to diversify energy supply, is capable of producing power during periods of peak demand, and reduces dependence of fossil fuels. When used instead of fossil fuel generation plants, CSP facilities offer improved air quality and can help many nations meet off-set goals for carbon emissions produced by existing fossil fuel power plants.

About The Dow Chemical Company
Dow (NYSE: Dow) combines the power of science and technology with the "Human Element" to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 35 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.


For Editorial Information:

Cristina Myers
The Dow Chemical Company
+1 989 638 9132