Horgen, Switzerland – Dow Europe GmbH (“Dow”) and Targray Technology International, Inc. (“Targray”) announced today that they have signed an agreement appointing Targray as the exclusive distributor for Polycarbonate Optical Media grades in Europe, India, Middle East and Africa. Under this agreement, Targray will sell CALIBRETM 1060 DVD and CALIBRETM 1080 DVD to Optical Media customers as of January 1, 2010.

Through the distribution alliance with Targray, Dow aims to strengthen its channel to market and grow its Optical Media business in Europe, India, Middle East and Africa.

According to Martin Whelan, European Product Director for Dow’s Styrenics, Polycarbonate, and Compounds & Blends business, “We believe customers will appreciate the know-how and service capability that Targray offers, based on their broad range of products and expertise in the Optical Media market. In addition to their established global position and relationship with Dow in North and Latin America, Targray already has a strong presence in Europe and we are very pleased to continue our relationship with them in this region“.

Dan Murray, Global Vice President for Targray, said: “We are delighted that Dow has selected us as their distributor for Polycarbonate Optical Media products in the European, Indian, Middle Eastern and African region. This agreement will enable Targray to further grow and expand its Optical Media offering by adding Dow’s Polycarbonate brand and technology to our broad range of mastering, replication, printing and packaging products.

About Dow
Dow is a diversified chemical company that combines the power of science and technology with the “Human Element” to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in approximately 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. In 2008, Dow had annual sales of $57.4 billion and employed approximately 46,000 people worldwide.

The Company has 150 manufacturing sites in 35 countries and produces approximately 3,300 products. On April 1, 2009, Dow acquired Rohm and Haas Company, a global specialty materials company with sales of $10 billion in 2008, 98 manufacturing sites in 30 countries and approximately 15,000 employees worldwide. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.

About Targray
Founded in 1987, Targray is a large global supplier of materials and consumables to the Optical Media and Solar/Photovoltaic industries. The company is the largest raw materials supplier to the Optical Media industry with more than half the CDs and DVD’s manufactured worldwide containing one or more Targray products. Targray is also the fastest growing, single-source supplier to leading manufacturers in the Solar Photovoltaic industry. Targray supplies a full line of innovative, technology-driven raw materials and consumables which enable customers to maximize solar cell and module efficiency, quality and reliability all while significantly lowering their cost per watt.

Targray is a global company with operations and employees in 14 countries, and customers in over 50 countries throughout Asia, Europe, and the Americas.


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