Dow Invests for Growth in Water Industry

Dow unveils Dow Water Solutions Market Facing Business Unit

12-Sep-2006

Driven by the Company's strategy to invest for growth and aligned with its 2015 sustainability goals, The Dow Chemical Company announced the formation of Dow water Solutions, a market facing business unit comprised of world-class brands and enabling component technologies designed to advance the science of desalination, water purification, contaminant Removal and water recycling.

The new business becomes the Company's fourth market-facing business. Applying similar business models as Dow Building Solutions, Dow Automotive and Dow AgroSciences, the unit shall focus on proactively meeting the needs of the Company's water industry customers by leveraging the full breadth and depth of capabilities and technologies found within its value centers and across the Company.

"This move underscores Dow's commitment to strengthen its Performance business portfolio by prioritizing marketing and application development activities that support high-value, end-use applications," explained Andrew Liveris, chairman and chief executive officer, The Dow Chemical Company. "Dow Water Solutions will provide a range of competitive water treatment products that allow our customers to stimulate and capture industry growth, while continuing to improve access to higher quality water supplies that are more affordable and sustainable for communities and industries worldwide."

With revenues of approximately $350 million, Dow Water Solutions is a performance business unit that maintains five production facilities globally.

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