Dow Announces North American Polyol and MDI Price Increases

Midland, MI - November 09, 2007

Effective December 1, 2007, or as contract terms allow, the Polyurethanes business of The Dow Chemical Company (Dow) will increase prices for the following polyurethane products in the U.S and Canada:

• VORANOL™ polyether polyols by US$0.08/lb for all flexible and molded foam market segments and end-use applications. This is in addition to the VORANOL™ polyether copolymer polyol increase announced November 2, 2007.
• VORANOL™ polyether polyols by US$0.11/lb for all coatings, adhesives, sealants elastomers (CASE) and rigid foam market segments and end-use applications.
• Pure ISONATE™ Methylene diphenyl diisocyanate (MDI) by US$0.10/pound.

Customers interested in learning more about this price increase should contact their local Dow sales representative.

About Dow Polyurethanes

Dow is one of the world's largest producer of polyether polyols, a leading producer of quality aromatic isocyanates, such as MDI and TDI, and a major supplier of propylene oxide, an essential component of polyether polyols. Dow's polyurethanes products and formulated systems are used in rigid foams, flexible foams, adhesives, sealants, coatings, and elastomers, as well as many other applications. Dow also offers the latest development in polyol technology with its VORANOL™ VORACTIV™ polyols, part of an ongoing initiative by Dow to lead the industry in providing high-performance products with reduced VOC-emissions. For more information, visit www.dowpolyurethanes.com, www.pusystems.com and www.voractiv.com.

About Dow

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For Editorial Information:

Jessica Dub
The Dow Chemical Company
1-989-638-0550

Urszula Murphy
Gibbs & Soell, Inc.
1-212-697-2600 ext. 296
umurphy@gibbs-soell.com