Dow Increases Prices for Trietheylene Glycol (TEG) and Tetraethylene Glycol (Tetra)

Midland, MI - September 07, 2005

Dow announced that it would increase its prices in the U.S. and Canada for all grades of TEG by $.06 per pound and for all grades of Tetra by $.03 per pound, effective September 22, 2005.

"Overall tight supply for these products and rapidly escalating prices for raw materials and energy has made this increase necessary" said John O. Smith, Commercial Manager for EO and Higher Glycols at Dow. "These factors have been worsened by the impact of Hurricane Katrina".

Dow has a total global production capacity of 4.3 billion pounds for ethylene oxide (EO) and 3.9 billion pounds for ethylene glycol (EG). Dow and its joint ventures operate the world's largest EO and EG facilities, and have capacity to produce more than 8.1 billion pounds of EO and 8.7 billion pounds of EG per annum, which is the world's largest supply of EO and EG.

Dow produces EO, MEG, diethylene glycol (DEG), triethylene glycol (TEG) and tetraethylene glycol (Tetra) for sale in the merchant market. MEGlobal, a joint venture between Dow and Petrochemical Industries Company (PIC) of Kuwait markets its own MEG and DEG production as well as that produced by Dow and Dow joint ventures. Dow markets the EO, TEG and Tetra it produces, as well as that produced by MEGlobal.

About The Dow Chemical Company
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


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