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Dow formed Performance Plastics Division

March 02/2011

(Dow) -- Howard Ungerleider, vice president for Investor Relations, has been named senior vice president for Dow, and President for the newly formed Performance Plastics Division.

The Performance Plastics Division will be comprised of all Dow plastics including Solution Polyethylene, Wire & Cable, Elastomers, Films and Packaging Resins and will include the Packaging and Converting Unit that is currently part of the Advanced Materials Division.

Its focus will be on high value market driven solutions in applications such as Packaging, Hygiene, Food and Telecommunications. The Divisions formation reflects Dow's active portfolio management over the last two years that has resulted in the de-emphasis of its commodity plastics products, especially following the divestment of Styron.

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