Dow Automotive Acquires Wuhan Essex Chemical Company Limited
Wuhan, China - March 07, 2006
Dow Automotive announced today that it has completed its acquisition from Wuhan Linuo Solar Energy Group Company Limited of the 49 percent interest in Wuhan Essex Chemical Company Limited that Dow Automotive did not previously own.
Wuhan Essex Chemical Company Limited manufactures sealers and markets Dow Automotive glass bonding systems to the Chinese automotive market.
"We are excited about this growth opportunity for Dow Automotive," said George Hamilton, president, Dow Automotive. "Integrating this site into our portfolio will allow us to bring even more technology and R&D resources to this important growth region."
Dow Automotive is a leading supplier of plastics, adhesives, sealants, films, fluids and other plastics-enhanced products for interior, exterior, under-the-hood, vehicle body structure and acoustical management applications. The organization serves global tier, OEM and aftermarket customers. With offices and application development centers around the world, Dow Automotive provides materials science expertise and comprehensive technical capabilities to its customers worldwide. For additional information about Dow Automotive products and services, visit www.dowautomotive.com.
About The Dow Chemical Company
Dow is a diversified chemical company that harnesses the power of science and technology to improve living daily. The Company offers a broad range of innovative products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $46 billion and employs 42,000 people worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.
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Kay Yau
Dow Greater China Media Relations
Phone: (852) 2879 7316
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