Date Announced: 04 Oct 2011 New York – Dow Electronic Materials, a business unit of The Dow Chemical Company (NYSE:DOW), today announced the formation of a new LED Technologies business segment to capture current and future demand for light emitting diodes (LEDs) in the global solid state lighting (SSL) market.“Dow is in a unique position to capitalize on this rapidly growing market because we offer the broadest technology today and we bring a deep knowledge of LED materials processing,” said Jim Fahey, global general manager for Dow Electronic Materials’ Growth Technologies business. “For more than 35 years, Dow has been an important player in the SSL market as a leading supplier of metalorganic CVD precursors, so we understand the technology needs. Additionally, our long history with semiconductor materials, processing and methodologies allows us to meet the exacting needs of semiconductor companies – many of which are Dow’s existing customers – as they migrate into the SSL market.”In addition to the metalorganic CVD precursors, which are used to make the active light-emitting areas in LEDs, the new LED Technologies business will supply photoresists, related ancillaries for lithographic processing, and pads and slurries for CMP – all of which are used in the manufacture of LEDs.“SSL – especially for general illumination – is in many ways in its infancy,” said Rick Hemond, global business director for LED Technologies. “The current market growth is largely driven by backlighting for displays, mobile devices and HDTVs, but wider adoption of LEDs into commercial and residential lighting is expected to expand market growth over the next decade and beyond.” Hemond added, “There are many opportunities for materials suppliers, and we look forward to expanding our portfolio and capabilities – in some cases by leveraging Dow’s core materials and competencies – to make further inroads in the SSL market.”About The Dow Chemical CompanyDow (NYSE: Dow) combines the power of science and technology with the "Human Element" 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 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 35 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.About Dow Electronic MaterialsDow Electronic Materials, a global supplier of materials and technologies to the electronics industry, brings innovative leadership to the semiconductor, interconnect, finishing, photovoltaic, display, LED and optics markets. From advanced technology centers worldwide, teams of talented Dow research scientists and application experts work closely with customers, providing solutions, products and technical service necessary for next-generation electronics. These partnerships energize Dow’s power to invent. Its key end-use applications include a broad range of consumer electronics from personal computers, to television monitors, cellular phones, global positioning systems, automobile safety systems, and avionics.
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Jeremy Cole The Dow Chemical Company +1 508-229-7047
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Web Site:www.dow.com
