The Dow Chemical Company
Industry: Chemicals - Plastics & Rubber

Dow is a leading science and technology company that provides innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $28 billion, Dow serves customers in more than 170 countries and a wide range of markets that are vital to human progress, including 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 approximately 50,000 employees seek to balance economic, environmental and social responsibilities.

Business Summary
The Dow Chemical Company (Dow) is engaged in the manufacture and sale of chemicals, plastic materials, agricultural and other specialized products and services. The Company serves customers in 175 countries and a range of markets, including food, transportation, health and medicine, personal and home care, and building and construction, among others. The Company has 165 manufacturing sites in 37 countries and supplies more than 3,300 products. Dow divested its DERAKANE epoxy vinyl ester resin business to Ashland Specialty Chemical in December 2004.

Financial Summary
DOW is a science and technology company engaged in the manufacture and sale of chemicals, plastic materials and agricultural and other specialized products & services to many essential consumer markets. For the 6 months ended 6/30/05, revenues rose 21% to $23.13B. Net income rose from $1.15B to $2.62B. Results reflect price increases in all segments, volume growth at Plastics & Performance Chemicals, higher gross margins, & improved organizational efficiency.