Dow Announces Price Increase for Propylene Glycols

Midland, MI - August 03, 2005

The Dow Chemical Company has announced that effective September 1, 2005, it will increase prices for its propylene glycol products in North America and the Caribbean.

Prices for propylene glycol industrial (PGI), and propylene glycol USP/EP (PG USP/EP) will increase by $0.05/lb (US$110/MT).

Prices for dipropylene glycol (DPG) and dipropylene glycol LO+ (DPG Lo+) will increase by $0.10/lb (US$220/MT).

Prices for tripropylene glycol (TPG) and tripropylene glycol acrylate grade (TPG AG) will increase by $0.05/lb (US$110/MT).

"Tight supply of key raw materials used in the production of PG, such as propylene monomer and propylene oxide impacts the availability of PG products," said Antulio Borneo, commercial director, Dow Oxides and Glycols. "Upward trends in raw material and energy costs have also influenced Dow's decision to increase prices for its propylene glycols products, accordingly."

Dow, with a global capacity of more than one billion pounds, is the industry leader in the manufacture of propylene glycol.

Dow offers propylene oxide, monopropylene glycol (MPG), dipropylene glycol (DPG) and tripropylene glycol (TPG) globally. For more information about Dow Oxides and Glycols, visit the www.dowpo.com and www.dowpg.com websites.

Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $40 billion, Dow serves customers in 175 countries and a wide range of markets that are vital to human progress: food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 43,000 employees seek to balance economic, environmental and social responsibilities. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.


For Editorial Information:

Amy Ahlich
The Dow Chemical Company
(989) 636-3587

Josiah McClellan
Gibbs & Soell, Inc.
(212) 697-2600