gsDow Advanced Materials, a division of The Dow Chemical Company (NYSE: DOW), held an investor event in Philadelphia today and unveiled its roadmap for earnings growth, driven by the divisions leadership positions in fast-growing end-markets, its strong geographic position, and its robust innovation pipeline that is poised to deliver tremendous value. During the event, the division shared projections for revenue growth and profitability.

Dow Advanced Materials has the world-class talent, customer intimacy, and resources to win in the marketplace, said Jerome A. Peribere, President and Chief Executive Officer of Dow Advanced Materials. We are business and technology leaders in the fast-growing end-markets we serve. Our leadership positions are further strengthened by our tremendous geographic reach, our access to significant technology resources, and our unique customer-centric, collaborative business model. These factors differentiate Dow Advanced Materials and define our winning formula for growth.

Dow Advanced Materials projected a 10 percent annual revenue growth rate, with the divisions sales forecasted to grow to $12 billion by 2012 and to $16 billion by 2015. Profitability is also expected to expand for Dow Advanced Materials, supported by a robust $7 billion innovation pipeline. EBITDA for the division is expected to nearly double to roughly $3 billion by 2012 and rise further to approximately $4 billion by 2015. The projected improvement in EBITDA for the division was attributed to a mix of improving end-market conditions, a lower fixed cost base, and the introduction of several differentiated innovations, some of which were discussed in detail during the event. EBITDA margins for Dow Advanced Materials are expected to rise to roughly 25 percent over the next few years before the contribution of equity earnings from Dow Corning Corporation, a joint venture of the Company with its own pipeline of significant growth opportunities.

Additionally, the division made several announcements at the event, including plans to construct a new Dow Electronic Materials research and development facility in Korea, invest in a new Dow Coating Materials emulsions plant in eastern China, and expand Dow Water & Process Solutions facility in Fobmio, Italy, to manufacture copolymers used in the companys ion exchange resins.

The formal presentations from the Dow Advanced Materials event are available on Dow's Investor Relations webpage on the Dow Internet site at www.dow.com.

Source: web of DOW