Dow Izolan Celebrates First 5 Years of Business Success

Moscow, Russia - November 16, 2011

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The Dow Izolan joint venture company celebrates with its customers during the week of the Khimia Exhibition (October 24-27, 2011) its first 5 years of continued business success. Dow Izolan is a recognized leader in the research, development and commercialization of tailored polyurethane systems solutions used for a broad range of applications in industries including construction, automotive and motor-vehicles, refrigeration equipments, furniture, footwear, and more.

"Dow Izolan is unique and unrepeatable. It combines the technological and scientific strength of Dow and Izolan, while leveraging the global reach of Dow and the Izolan's long-standing presence in the Russian and Former Soviet Union (FSU) markets," explained Mikhail Tsarfin, Dow Izolan General Manager.

“Our customers – a thousand of successful companies, from large corporations to newly established Russian entrepreneurs – profitably use our polyurethane systems that are specifically formulated for their rigid, semi-rigid, flexible and integral polyurethane foams, polyurethanes adhesives, coatings and elastomers applications. Large part of our systems is the result of our proprietary research and development activities that we run at our R&D Center in Vladimir: the best equipped and state-of the art of this kind within Russia and the FSU,” Tsarfin added.

"The shortest period of execution of orders, a flexible pricing policy, reliable fulfillment of contractual obligations - these are among the key pillars of the Dow Izolan successful cooperation with our customers and business partners," highlighted Sergey Anikin, Dow Izolan Commercial Director.

“We continuously strive to always respond and anticipate our customers’ needs and expectations, developing and providing them with unique solutions that fit with their strategic intent and ideas. Along with our superior R&D capabilities, Dow Izolan has already invested over 1.2 Billion Rubles for the construction in Vladimir – excellently located to serve our customers in Russia and the neighboring Countries – of the most modern and large plant in Europe for the production of advanced polyurethane systems, thus making of Dow Izolan one of the biggest Systems Houses in the world. Our scientific manufacturing complex includes warehouse space of about 7000 square meters that allows us offer at any time the required volume, range of materials and finished products necessary to fulfill any orders and best serve our customers in Russia and the neighboring countries,” Anikin said.

“Dow Izolan is the cornerstone of our business’ full commitment to Russia and East Europe,” commented Jon Penrice, General Manager Dow Thermoset Systems. “Our major investment in local assets complements the innovation-driven and commercial capabilities of our local organization. Through our systems and solutions we provide our customers with the differentiation they need to succeed. We earn their respect daily, and this makes of Dow Izolan their supplier of choice,” Penrice said.

About Dow Izolan

Dow Izolan is the joint venture company formed in 2006 by the world’s leading chemical company The Dow Chemical Company (Dow) and the Scientific Manufacturing Company Izolan Ltd., leading Russian producer of polyurethane systems. Leveraging Dow Formulated Systems global technological leadership and raw materials back integration, and Izolan market experience and strong focus on local customers, Dow Izolan is leader in the polyurethane components market in Russia and the CIS. Established in 2006, and with currently 135 employees, Dow Izolan offers a wide range of products to a thousand of customers in various industries including construction, automotive, shipbuilding, and refrigeration equipments. More information about Dow Izolan can be found at www.dow-izolan.com.

About Dow

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:

Paolo Casciato
The Dow Chemical Company
+39 3666 852484

Irina Kabanova
Dow Europe GmbH
+7 985 761 9315

Vera Sumkina
Dow-Izolan
+7 4922 41 35 01