Dow Announces Increase to Zone Premium Charges

- Increase Applies to Glycol Ethers, Polyglycols, Vinyl Acetate, Acrylic

Esters, Isopropanol, Ketones, Ethanols, Acetic Esters, Oxo Products, Acetone,

Glycerine, and Low Temperature Thermal Fluids -



Apr 30, 2001, 01:00 ET from The Dow Chemical Company

    MIDLAND, Mich., April 30 /PRNewswire/ --
 The Dow Chemical Company (NYSE:   DOW)has announced increases to zone premium
 charges in several of its businesses in the U.S and Canada.  This change
 increases the list price premium for those products shipped west of the Rocky
 Mountains, effective July 1, 2001.
     "After several months of analysis we have determined that an adjustment to
 the zone premiums is needed in these businesses," said Tim King, global
 director of  Sales and Marketing for Performance Chemicals.  "The current zone
 premiums have not been changed in the last several years, yet our costs to
 serve customers west of the Rocky Mountains have increased significantly over
 this time."
     Zone definitions and premiums in North America For Glycol Ethers,
 Polyglycols, Vinyl Acetate, Acrylic Esters, Isopropanol, Ketones, Ethanols,
 Acetic Esters,  Oxo Products, Acetone, Glycerine, and Low Temparature Thermal
 Fluids
                      Current Truck      New Truck              New Railcar
                        Premium           Premium                 Premium
 
     Zone 1 or Zone A   $.00/lb           $.00/lb                $.00/lb
     Zone 2 or Zone B   $.01/lb           $.05/l                 $.02/lb
     Zone 3 or Zone C   $.04/lb           $.08/lb                $.03/lb
 
     Note:  Number zones apply to products produced by Dow.  Letter zones apply
 to products produced by Union Carbide.  Zone definitions will be standardized
 in the future.
 
     -- Zone 1 or Zone A = All States not in Zone B (2) or Zone C(3); All other
        Canadian provinces (Ontario, Quebec, Manitoba)
     -- Zone 2 or Zone B = CA and AZ and Maritime Canadian Provinces
     -- Zone 3 or Zone C = CO, ID, MT, ND, NM, NV, OR, SD, UT, WA, WY, British
        Columbia, Alberta and Saskatchewan
 
     This change represents a step towards charging premiums that are
 reflective of the higher costs associated with supplying a particular
 geographic area.  Dow will continue to monitor its costs to serve all
 geographic areas; additional zone premium changes may be announced in the
 future.
 
     About Dow
     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 approximately $30 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 50,000 employees
 seek to balance economic, environmental and social responsibilities.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X49791125
 
 

SOURCE The Dow Chemical Company
    MIDLAND, Mich., April 30 /PRNewswire/ --
 The Dow Chemical Company (NYSE:   DOW)has announced increases to zone premium
 charges in several of its businesses in the U.S and Canada.  This change
 increases the list price premium for those products shipped west of the Rocky
 Mountains, effective July 1, 2001.
     "After several months of analysis we have determined that an adjustment to
 the zone premiums is needed in these businesses," said Tim King, global
 director of  Sales and Marketing for Performance Chemicals.  "The current zone
 premiums have not been changed in the last several years, yet our costs to
 serve customers west of the Rocky Mountains have increased significantly over
 this time."
     Zone definitions and premiums in North America For Glycol Ethers,
 Polyglycols, Vinyl Acetate, Acrylic Esters, Isopropanol, Ketones, Ethanols,
 Acetic Esters,  Oxo Products, Acetone, Glycerine, and Low Temparature Thermal
 Fluids
                      Current Truck      New Truck              New Railcar
                        Premium           Premium                 Premium
 
     Zone 1 or Zone A   $.00/lb           $.00/lb                $.00/lb
     Zone 2 or Zone B   $.01/lb           $.05/l                 $.02/lb
     Zone 3 or Zone C   $.04/lb           $.08/lb                $.03/lb
 
     Note:  Number zones apply to products produced by Dow.  Letter zones apply
 to products produced by Union Carbide.  Zone definitions will be standardized
 in the future.
 
     -- Zone 1 or Zone A = All States not in Zone B (2) or Zone C(3); All other
        Canadian provinces (Ontario, Quebec, Manitoba)
     -- Zone 2 or Zone B = CA and AZ and Maritime Canadian Provinces
     -- Zone 3 or Zone C = CO, ID, MT, ND, NM, NV, OR, SD, UT, WA, WY, British
        Columbia, Alberta and Saskatchewan
 
     This change represents a step towards charging premiums that are
 reflective of the higher costs associated with supplying a particular
 geographic area.  Dow will continue to monitor its costs to serve all
 geographic areas; additional zone premium changes may be announced in the
 future.
 
     About Dow
     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 approximately $30 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 50,000 employees
 seek to balance economic, environmental and social responsibilities.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X49791125
 
 SOURCE  The Dow Chemical Company

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http://www.dow.com