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Dow Restarts St. Charles Olefins Plant; Increases Company Ethylene Supply through Investment in U.S. Gulf Coast



  Dow Restarts St. Charles Olefins Plant; Increases Company Ethylene Supply
  through Investment in U.S. Gulf Coast

Business Wire

MIDLAND, Mich. -- January 7, 2013

The Dow Chemical Company (NYSE: DOW) today announced that the Company’s St.
Charles Olefins 2 Plant near Hahnville, La. began producing on-spec ethylene
on December 25, 2012, meeting previously announced targets to re-start the
plant by year-end 2012.

“The start-up of our St. Charles ethylene plant represents the first major
milestone within our U.S. Gulf Coast investment strategy,” said Brian Ames,
president, Dow Olefins, Aromatics and Alternatives. “This action further
reduces the company’s purchased ethylene, lowering costs and strengthening the
competitiveness of our high-margin, high-growth derivatives businesses.”

This milestone is part of Dow’s comprehensive investment plan to further
connect its U.S. operations with cost-advantaged feedstocks from increasing
supplies of U.S. shale gas and deliver long-term competitive advantage for
Dow’s downstream businesses. Plans to increase ethylene and propylene supply
and ethane cracking capabilities at existing U.S. Gulf Coast facilities
strengthen the competitiveness of Dow’s Performance Plastics, Performance
Products and Advanced Materials businesses and enable profitable growth in the
Americas.

The St. Charles plant, which was idled in January 2009, is expected to deliver
a $150 million increase in EBITDA in 2013.

About Dow

Dow (NYSE: DOW) combines the power of science and technology 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 2011, Dow had annual sales of $60
billion and employed approximately 52,000 people worldwide. The Company's more
than 5,000 products are manufactured at 197 sites in 36 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.

Contact:

For editorial information:
Nancy Lamb
The Dow Chemical Company
+1 (989) 638-7251
nelamb@dow.com
Bob Plishka
The Dow Chemical Company
+1 (989) 638- 2288
bplishka@dow.com
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