Dow's Energy Efficiency Innovations Support Advancement Of Green Technology Development In China

Multiple technologies from The Dow Chemical Company (NYSE: DOW) have been recommended for use in projects supported by the U.S.-China Building Efficiency and Green Development Fund. The Fund is a public-private partnership convened by the Paulson Institute that provides financing to bring innovative technologies from the United States to China in an effort to reduce building-energy emissions.

As a leader in innovation to address global challenges, Dow's products will play an instrumental role in assisting the overall goal of bridging green technology implementation and affordability in China. The Company has been committed to helping China achieve its climate change targets since the intent to launch the Fund was announced in September 2014. Additionally, Dow serves as one of the core members of the Paulson Institute's CEO Council for Sustainable Urbanization.

"We want to help power China's transformation into a truly sustainability-driven economy," said Andrew Liveris, chairman and chief executive officer of Dow. "The collaborative effort led by the Paulson Institute to provide green technologies to the Chinese marketplace has taken impressive steps forward since the intent to launch was signed. We're proud to be able to contribute our expertise to advance sustainable development in the region."

The first milestone of the Fund was reached with the completion of a technology assessment that identified proven, high performance building technologies to be recommended for use in subsequent projects. Two cities in China signed letters of intent in June to establish infrastructure for investment in five construction projects in which recognized innovations will be utilized. Dow earned multiple acknowledgements that included technologies from multiple business units including Dow Building Solutions, Dow Construction Chemicals, Dow Polyurethanes, Dow Elastomers and Dow Coating Materials.

Dow's engagement with the Fund is aligned to the Company's Leading the Blueprint 2025 Sustainability Goal, a pledge to collaborate with stakeholders at all levels to facilitate the transition to a sustainable planet and society. As China accounts for approximately 50 percent of all new construction in the world for the foreseeable future, Dow is working alongside governments and U.S. and Chinese companies to ensure that sustainability is considered at the design phase of building development.

"Courageous collaboration is a key tenet of Dow's 2025 Sustainability Goals," said Neil Hawkins, chief sustainability officer and corporate vice president for Environment, Health and Safety at Dow. "The Fund is a natural fit with Dow's goals to help address climate change and to foster local protection of health and the environment in the places we do business. In this market especially, building efficiency is a very important part of China's effort to have a significant global impact on climate change and reduce emissions for its own citizens."

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