Dow Chemical 2011 Annual Report Download - page 101

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advantages and economies of scale across the value chain, as well as dependable product and service delivery around
the globe.
• Products: D.E.H.™ epoxy curing agents or hardeners; D.E.N.™ epoxy novolac resins; D.E.R.™ epoxy resins
(liquids, solids and solutions); Epoxy intermediates (acetone, allyl chloride, epichlorohydrin and phenol);
FORTEGRA™ epoxy tougheners; PROLOGIC™ epoxy specialty materials
The Oxygenated Solvents business is the world's largest producer of oxygenated solvents, with the leading position in
butanol, E- and P-series glycol ethers, as well as several other products in its portfolio. The business offers the
broadest range of solvents for servicing a diverse mix of end-use markets and applications, including paints and
coatings, cleaning products, inks, electronics, pharmaceuticals, mining, personal care and other applications.
• Products: Acetic esters; Acetone derivatives; Aldehydes; Butyl CARBITOL™ and Butyl CELLOSOLVE™
solvents; Carboxylic acids; DOWANOL™ glycol ethers; ECOSOFT™ IK solvent; Oxo alcohols and acids;
PROGLYDE™ DMM solvent; UCAR™ propionates
The Polyglycols, Surfactants and Fluids business is one of the world's leading suppliers of polyglycols and
surfactants, with a broad range of products and technology and a proven record of performance and economy. The
business also produces a broad line of lubricants, hydraulic fluids, aircraft deicing fluids and thermal fluids, with some
of the most recognized brand names in the industry. Product applications include chemical processing, cleaning,
heating, cooling, food and beverage processing, fuel additives, paints and coatings, pharmaceuticals and silicone
surfactants.
• Products: CARBOWAX™ and CARBOWAX SENTRY™ polyethylene glycols and methoxypolyethylene
glycols; DOW™ polypropylene glycols; DOW SYMBIO™ base fluid; DOWFAX™, TERGITOL™ and
TRITON™ surfactants; DOWFROST™ and DOWTHERM™ heat transfer fluids; ECOSURF™ biodegradable
surfactants; SYNALOX™ lubricants; UCAR™ deicing fluids; UCON™ fluids
The Polyurethanes business is a leading global producer of polyurethane raw materials. Dow's polyurethane products
offer a broad range of solutions for flexible foam, rigid foam, coating, adhesive, sealant, and elastomer applications
and are used in a variety of end-markets, including appliances, automotive, bedding, construction, electronics,
flooring, footwear, furniture and packaging. The business is the leading global producer of propylene oxide (PO) and
propylene glycol (PG) - offering PO via both a traditional process and a sustainable hydrogen peroxide to propylene
oxide (HPPO) manufacturing technology, and a portfolio of PG products for a wide variety of applications.
• Products: ECHELON™ polyurethane prepolymer; ISONATE™ modified, pure and polymeric methylene
diphenyl diisocyanate (MDI); PAPI™ polymeric MDI; Propylene glycol portfolio, including DOW
PURAGUARD™ PG USP/EP, propylene glycol USP/EP, PG industrial grade, dipropylene glycol regular and LO
+ grades, and tripropylene glycol regular and acrylate grades; Propylene oxide; VORALUX™, VORAMER™,
VORANOL™, VORANOL™ VORACTIV™ and VORATEC™ polyether and copolymer polyols;
VORANATE™ isocyanate; VORASURF™ surfactants
The Performance Materials segment also includes the results of Dow Haltermann, a provider of world-class contract
manufacturing services to companies in the fine and specialty chemicals and polymers industries (the business was
fully divested by December 31, 2011); and Dow Oil and Gas, providing products for use in exploration and
production, refining and gas processing, transportation, and fuel and lubricant performance. The segment also includes
a portion of the results of the SCG-Dow Group, joint ventures of the Company.
Divestitures:
• On June 17, 2010, Dow sold Styron to an affiliate of Bain Capital Partners. Businesses and products sold within
the Performance Materials segment included Emulsion Polymers (styrene-butadiene latex), supporting customers
in paper and paperboard applications, as well as carpet and artificial turf backings; Synthetic Rubber; and certain
products from Dow Automotive Systems; all of which were reported in the Performance Materials segment
through the date of the divestiture (see Note E to the Consolidated Financial Statements).
• The Performance Materials segment also included a portion of the results of the OPTIMAL Group of Companies
through the September 30, 2009 divestiture of this group of joint ventures (see Note E to the Consolidated
Financial Statements).