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TheStreet Open House

Owens Corning Partners With BASF And TenCate For Thermoplastic Automotive Composites

Owens Corning (NYSE: OC) is a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems.  A Fortune ® 500 Company for 58 consecutive years, Owens Corning is committed to driving sustainability by delivering solutions, transforming markets and enhancing lives.  Celebrating its 75th anniversary in 2013, Owens Corning is a market-leading innovator of glass-fiber technology with sales of $5.2 billion in 2012 and approximately 15,000 employees in 27 countries on five continents.  Additional information is available at www.owenscorning.com.

TenCate Advanced Composites is a leader in the development and production of thermoplastic and thermoset prepreg composites for various industries. Its product portfolio is incorporated into automotive products, medical equipment and numerous other applications. TenCate Advanced Composites has production facilities and operations in North America, Europe and Asia.

Additional information is available at www.tencateadvancedcomposites.com

Royal Ten Cate (TenCate) is a multi-national company that combines textile technology with related chemical processes and material technology in the development and production of functional materials with distinctive characteristics. Products of TenCate are sold worldwide. Systems and materials from TenCate come under four areas of application: safety & protection, space & aerospace, infrastructure & the environment, and sport & recreation. TenCate occupies leading positions in protective fabrics, composites for space and aerospace, anti-ballistics, geosynthetics and synthetic turf. TenCate is listed on the NYSE Euronext (AMX).  Additional information is available at www.tencate.com

About BASF BASF is the world's leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. We combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF posted sales of €78.7 billion in 2012 and had more than 113,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com .



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