EXHIBIT 21
Subsidiaries of The Dow Chemical Company | |||||||||||||||
At December 31, 2008 | |||||||||||||||
Location* | % Ownership | ||||||||||||||
This list includes companies for which the effective ownership by The Dow Chemical Company is 50 percent or more. | |||||||||||||||
The Dow Chemical Company | Delaware | ||||||||||||||
Americas Styrenics LLC (1) | Delaware | 50 | |||||||||||||
Arabian Chemical Company (Latex) Ltd. (1) | Saudi Arabia | 50 | |||||||||||||
Arabian Chemical Company (Polystyrene) Limited (1) | Saudi Arabia | 50 | |||||||||||||
ARAKAWA Europe GmbH | Germany | 60 | |||||||||||||
Buildscape, LLC | Delaware | 100 | |||||||||||||
CanStates Holdings Inc. | Oklahoma | 100 | |||||||||||||
ANGUS Chemical Company | Delaware | 100 | |||||||||||||
CD Polymers Inc. | Delaware | 100 | |||||||||||||
Centen Ag Inc. | Delaware | 100 | |||||||||||||
Dow AgroSciences LLC (9) | Delaware | 39 | |||||||||||||
DowBrands Inc. (17) | Delaware | 8 | |||||||||||||
Mycogen Corporation (16) | California | 12 | |||||||||||||
Chemars Inc. | Delaware | 100 | |||||||||||||
Chemars III LLC | Delaware | 100 | |||||||||||||
Chemtech II L.P. (8) | Delaware | 22 | |||||||||||||
DC Partnership Management Inc. | Delaware | 100 | |||||||||||||
DowBrands L.P. (6) | Delaware | 42 | |||||||||||||
DCOMCO, Inc. | Delaware | 100 | |||||||||||||
Denmerco Inc. | Delaware | 100 | |||||||||||||
Dexco Polymers Operating Company LLC (1) | Texas | 50 | |||||||||||||
Dexco Polymers L.P. (1) (23) | Texas | 1 | |||||||||||||
Diamond Capital Management Inc. | Delaware | 100 | |||||||||||||
DML Holding Inc. (36) | Delaware | 89 | |||||||||||||
DMM Financial LLC | Delaware | 100 | |||||||||||||
MTD Pipeline LLC (1) | Delaware | 50 | |||||||||||||
Dofinco, Inc. | Delaware | 100 | |||||||||||||
Dow Capital International LLC | Delaware | 100 | |||||||||||||
Dow Chemical (Australia) Limited | Australia | 100 | |||||||||||||
Dow Australia Superannuation Fund A Pty Limited | Australia | 100 | |||||||||||||
Polystyrene Australia Pty Ltd (1) | Australia | 50 | |||||||||||||
Dow Chemical (China) Investment Company Limited | China | 100 | |||||||||||||
Dow Chemical (China) Company Limited | China | 100 | |||||||||||||
Dow Chemical (Guangzhou) Company Limited | China | 100 | |||||||||||||
Dow Chemical (Shanghai) Company Limited | China | 100 | |||||||||||||
Dow Chemical (Zhangjiagang) Company Limited (13) | China | 85 | |||||||||||||
Dow S/B Latex (Zhangjiagang) Co. Ltd. (12) | China | �� 61 | |||||||||||||
Guangdong Zhongshan Amerchol Specialty Chemicals | China | 90 | |||||||||||||
SAL Petrochemical (Zhangjiagang) Company Limited (15) | China | 10 | |||||||||||||
Zhejiang Pacific Chemical Corporation | China | 100 | |||||||||||||
Dow Chemical Delaware Corp. | Delaware | 100 | |||||||||||||
Chemtech II L.P. (8) | Delaware | 73 | |||||||||||||
Chemtech Portfolio Inc. (11) | Texas | 33 | |||||||||||||
Chemtech Portfolio II Inc. | Michigan | 100 | |||||||||||||
Dow Chemical (Hong Kong) Limited | Hong Kong | 100 | |||||||||||||
Dow Chemical International Ltd. | Delaware | 100 | |||||||||||||
Calvin Capital LLC | Delaware | 100 | |||||||||||||
Dow Chemical Thailand Ltd. | Thailand | 100 | |||||||||||||
Dow International Holdings Company (27) | Delaware | 1 | |||||||||||||
Pacific Plastics (Thailand) Limited (47) | Thailand | 51 | |||||||||||||
Petroquimica-Dow S.A. (Petrodow) | Chile | 100 | |||||||||||||
Dow Chemical Korea Limited (40) | Korea | 86 |
276
Dow Chemical (NZ) Limited | New Zealand | 100 | ||||||||||
Dow Chemical Pacific Limited | Hong Kong | 100 | ||||||||||
Dow Chemical Pacific (Singapore) Private Limited | Singapore | 100 | ||||||||||
Dow Chemical International Pvt. Ltd. (32) | India | 99 | ||||||||||
Dow Chemical (Malaysia) Sdn. Bhd. | Malaysia | 100 | ||||||||||
Dow Financial Holdings Singapore Pte Ltd. | Singapore | 100 | ||||||||||
Dow Chemical (Zhangjiagang) Company Limited (13) | China | 15 | ||||||||||
Dow S/B Latex (Zhangjiagang) Co. Ltd. (12) | China | 39 | ||||||||||
SAL Petrochemical (Zhangjiagang) Company Limited (15) | China | 90 | ||||||||||
G.Z. Holdings Pte. Ltd. | Singapore | 100 | ||||||||||
PT Dow Chemical Indonesia (18) | Indonesia | 15 | ||||||||||
S.H.A. Holdings Pte. Ltd. | Singapore | 100 | ||||||||||
Dow Chemical (Singapore) Private Limited | Singapore | 100 | ||||||||||
Dow Chemical International Pvt. Ltd. (32) | India | 1 | ||||||||||
Dow Chemical Taiwan Limited | Taiwan | 100 | ||||||||||
Dow Chemical Telecommunications Corp. | Delaware | 100 | ||||||||||
Dow Credit Corporation | Delaware | 100 | ||||||||||
Dow Customs & Trade Inc. | Delaware | 100 | ||||||||||
Dow Deutschland Inc. | Delaware/Germany | 100 | ||||||||||
Dow Chemical Inter-American Limited | Delaware | 100 | ||||||||||
Dow Quimica de Colombia S.A. (5) | Colombia | 10 | ||||||||||
Dow Deutschland Management Inc. | Delaware | 100 | ||||||||||
Dow Engineering Company | Delaware | 100 | ||||||||||
Dow Engineering, Inc. | Michigan | 100 | ||||||||||
Dow Environmental Inc. | Delaware | 100 | ||||||||||
Dow Financial Services Inc. | Delaware | 100 | ||||||||||
Dow Global Technologies Inc. | Delaware | 100 | ||||||||||
Chemtech Portfolio Inc. (11) | Texas | 67 | ||||||||||
Dow Petrochemicals Holding LLC (48) | Delaware | 25 | ||||||||||
Daulat Holdco LLC | Delaware | 100 | ||||||||||
K-D Petrochemicals C.V. (1) (55) | Netherlands | 1 | ||||||||||
K-Dow Petrochemicals GmbH (1) | Switzerland | 50 | ||||||||||
K-D Petrochemicals C.V. (1) (55) | Netherlands | 47 | ||||||||||
Dow Technology Investments LLC (43) | Delaware | 50 | ||||||||||
Dow Holdings LLC | Delaware | 100 | ||||||||||
Dow Corning Corporation (1) | Michigan | 50 | ||||||||||
Dow Hydrocarbons and Resources LLC | Delaware | 100 | ||||||||||
Cayuse Pipeline, Inc. | Texas | 100 | ||||||||||
Dow Intrastate Gas Company | Louisiana | 100 | ||||||||||
Dow Pipeline Company | Texas | 100 | ||||||||||
K/D/S Promix, LLC (1) | Texas | 50 | ||||||||||
Midland Pipeline Corp. | Delaware | 100 | ||||||||||
Fort Saskatchewan Ethylene Storage Corporation (1) | Canada | 50 | ||||||||||
Fort Saskatchewan Ethylene Storage Limited Partnership (1) (14) | Canada | 1 | ||||||||||
DowBrands L.P. (6) | Delaware | 58 | ||||||||||
Dow Internacional Mexicana S.A. de C.V. | Mexico | 100 | ||||||||||
Dow International B.V. | Netherlands | 100 | ||||||||||
Dow International Financial Services | Ireland | 100 | ||||||||||
Dow Capital Public Limited Company | Ireland | 100 | ||||||||||
Dow International Holdings Company (27) | Delaware | 72 | ||||||||||
DC Spectrum Holding C.V. (44) | Netherlands | 99 | ||||||||||
Coöperatieve DC Prisma Holding U.A. (45) | Netherlands | 99 |
277
Dow Dutch Holding B.V. | Netherlands | 100 | ||||||||||
DC Galaxy Holding C.V. (46) | Netherlands | 1 | ||||||||||
Dow Europe Finance I B.V. | Netherlands | 100 | ||||||||||
Dow International Holdings S.A. | Switzerland | 100 | ||||||||||
DC Galaxy Holding C.V. (46) | Netherlands | 99 | ||||||||||
Dow Europe Holding B.V. | Netherlands | 100 | ||||||||||
BASF DOW HPPO B.V. (1) | Netherlands | 50 | ||||||||||
BASF DOW HPPO Technology B.V. (1) | Netherlands | 50 | ||||||||||
Control Securities Finance (Consecfin) B.V. | Netherlands | 100 | ||||||||||
DC Finance Canada B.V. | Netherlands | 100 | ||||||||||
Domaluna B.V. | Netherlands | 100 | ||||||||||
Dow Austria Gesellschaft m.b.H | Austria | 100 | ||||||||||
Dow Belgium B.V.B.A. | Belgium | 100 | ||||||||||
Dow Benelux B.V. | Netherlands | 100 | ||||||||||
Dow Netwerk B.V. | Netherlands | 100 | ||||||||||
Emergo Finance C.V. (1) | Netherlands | 50 | ||||||||||
Polyol Belgium B.V.B.A. (10) | Belgium | 99 | ||||||||||
Valuepark Terneuzen Beheer B.V. (1) | Netherlands | 50 | ||||||||||
Valuepark Terneuzen C.V. (1) (31) | Netherlands | 1 | ||||||||||
Dow Beteiligungsgesellschaft mbH & Co. KG | Germany | 100 | ||||||||||
Dow Olefinverbund GmbH (50) | Germany | 5 | ||||||||||
Dow Chemical Company Limited | United Kingdom | 100 | ||||||||||
Autothane Limited | United Kingdom | 100 | ||||||||||
Cromarty Petroleum Company Limited (1) | United Kingdom | 50 | ||||||||||
Hyperlast Limited | United Kingdom | 100 | ||||||||||
ALH Rail Coatings Limited (1) | United Kingdom | 50 | ||||||||||
Hypertec Print Services Limited | United Kingdom | 100 | ||||||||||
Xitrack Limited (1) | United Kingdom | 50 | ||||||||||
Dow Chemical Iberica S.L. | Spain | 99 | ||||||||||
Terminal de Atraque de Productos Petroquimicos AIE (1) | Spain | 50 | ||||||||||
Transformadora de Etileno A.I.E. (1) | Spain | 50 | ||||||||||
Dow Chemical Korea Limited (40) | Korea | 14 | ||||||||||
Dow Chemical OOO | Russia | 100 | ||||||||||
Dow Chemical Romania S.R.L. | Romania | 100 | ||||||||||
Dow Europe GmbH | Switzerland | 100 | ||||||||||
Advanced Design Concepts GmbH (1) | Germany | 50 | ||||||||||
Dolpa S.a.r.l. | Luxembourg | 100 | ||||||||||
Dow-GACL Solventure LTD (1) | India | 50 | ||||||||||
Dow Chemical IMEA GmbH | Switzerland | 100 | ||||||||||
Dow Contract Services FZE | Dubai | 100 | ||||||||||
Dow Egypt Services Limited (49) | Egypt | 25 | ||||||||||
Dow Mideast Systems S.A.E. (JSC) (2) | Egypt | 1 | ||||||||||
Dow France S.A.S. | France | 100 | ||||||||||
UPPC S.A.R.L. (54) | France | 25 | ||||||||||
Dow Hellas A.E. | Greece | 100 | ||||||||||
Dow Hungary Kft. (29) | Hungary | 99 | ||||||||||
Dow InterBranch B.V. | Netherlands | 100 | ||||||||||
Dow Danmark A/S | Denmark | 100 | ||||||||||
Dow Hungary Kft. (29) | Hungary | 1 | ||||||||||
Dow Mideast Systems S.A.E. (JSC) (2) | Egypt | 1 | ||||||||||
Dow Norge A/S | Norway | 100 | ||||||||||
Dow Saudi Arabia Company (41) | Saudi Arabia | 15 |
278
Dow Turkiye Kimya Sanayi ve Ticaret Ltd Sti (3) | Turkey | 1 | ||||||||||||
Dow Zwijndrecht B.V.B.A. (24) | Belgium | 1 | ||||||||||||
Santa Vitoria Acucar e Alcool Ltda. (1) | Brazil | 50 | ||||||||||||
Dow Italia s.r.l. | Italy | 100 | ||||||||||||
Dow AgroSciences Italia s.r.l. | Italy | 100 | ||||||||||||
Dow Italia Divisione Commerciale s.r.l | Italy | 100 | ||||||||||||
Dow Mideast Systems S.A.E. (JSC) (2) | Egypt | 98 | ||||||||||||
Dow Egypt Services Limited (49) | Egypt | 75 | ||||||||||||
Dow Olefinverbund GmbH (50) | Germany | 95 | ||||||||||||
ANGUS Chemie GmbH | Germany | 100 | ||||||||||||
Dow Deutschland GmbH & Co OHG (35) | Germany | 30 | ||||||||||||
Dow Wolff Cellulosics GmbH & Co OHG (42) | Germany | 50 | ||||||||||||
Dow AgroSciences GmbH | Germany | 100 | ||||||||||||
Dow Automotive (Deutschland) GmbH | Germany | 100 | ||||||||||||
Dow Deutschland GmbH & Co OHG (35) | Germany | 35 | ||||||||||||
Dow Deutschland Anlagengesellschaft mbH | Germany | 100 | ||||||||||||
Dow Wolff Cellulosics GmbH | Germany | 100 | ||||||||||||
Probis GmbH | Germany | 100 | ||||||||||||
UPPC GmbH | Germany | 100 | ||||||||||||
UPPC Ltd. | United Kingdom | 100 | ||||||||||||
UPPC S.A.R.L. (54) | France | 75 | ||||||||||||
Dow Pipeline Gesellschaft mbH & Co. KG | Germany | 80 | ||||||||||||
Dow Pipeline Verwaltungsgesellschaft mbH | Germany | 80 | ||||||||||||
Haltermann Products GmbH | Germany | 100 | ||||||||||||
SAFECHEM Europe GmbH | Germany | 100 | ||||||||||||
Dow Deutschland GmbH & Co OHG (35) | Germany | 35 | ||||||||||||
Dow Wolff Cellulosics GmbH & Co OHG (42) | Germany | 50 | ||||||||||||
Dow Plastics and Chemicals Holding B.V. | Netherlands | 100 | ||||||||||||
K-D Petrochemicals C.V. (1) (55) | Netherlands | 1 | ||||||||||||
Dow Polska Sp.z.o.o. | Poland | 100 | ||||||||||||
Dow Portugal - Produtos Quimicos, Unipessoal, Lda. | Portugal | 100 | ||||||||||||
Dow Real Estate Terneuzen B.V. | Netherlands | 100 | ||||||||||||
Dow Saudi Arabia Company (41) | Saudi Arabia | 85 | ||||||||||||
Dow Southern Africa (Pty) Ltd | South Africa | 100 | ||||||||||||
Dow Suomi OY | Finland | 100 | ||||||||||||
Dow Sverige AB | Sweden | 100 | ||||||||||||
Dow Turkiye Kimya Sanayi ve Ticaret Ltd Sti (3) | Turkey | 99 | ||||||||||||
Dow (Wilton) Limited | United Kingdom | 100 | ||||||||||||
Dow Zwijndrecht B.V.B.A. (24) | Belgium | 99 | ||||||||||||
Edulan A/S | Denmark | 100 | ||||||||||||
Edulan UK Limited | United Kingdom | 100 | ||||||||||||
Haltermann B.V.B.A. | Belgium | 100 | ||||||||||||
HPPO Holding & Finance C.V. (1) | Netherlands | 50 | ||||||||||||
K-Dow Petrochemicals EU B.V. | Netherlands | 100 | ||||||||||||
K-Dow Petrochemicals Belgium B.V.B.A. | Belgium | 100 | ||||||||||||
K-Dow Petrochemicals Iberica S.L. | Spain | 100 | ||||||||||||
K-Dow Petrochemicals Netherlands B.V. | Netherlands | 100 | ||||||||||||
MEGlobal B.V. (1) | Netherlands | 50 | ||||||||||||
MTP HPJV C.V. (1) | Netherlands | 50 | ||||||||||||
MTP HPJV Management B.V. (1) | Netherlands | 50 | ||||||||||||
Oman Petrochemical Industries Company LLC (1) | Oman | 50 | ||||||||||||
Polyol Belgium B.V.B.A. (10) | Belgium | 1 |
279
RUS Polyurethanes Holding B.V. | Netherlands | 58 | |||||||||||||
Dow Izolan OOO (52) | Russia | 100 | |||||||||||||
Dow Izolan Ukraine LLC (53) | Ukraine | 100 | |||||||||||||
UC Investment B.V. | Netherlands | 100 | |||||||||||||
EQUATE Marketing Company E.C. (1) | Bahrain | 50 | |||||||||||||
Rofan Automation and Information Systems B.V. | Netherlands | 100 | |||||||||||||
Terneuzen Partnership Services B.V. | Netherlands | 100 | |||||||||||||
Valuepark Terneuzen C.V. (1) (31) | Netherlands | 49 | |||||||||||||
Dow Netherlands Investments LLC | Delaware | 100 | |||||||||||||
Coöperatieve DC Prisma Holding U.A. (45) | Netherlands | 1 | |||||||||||||
Dow Netherlands Holdings LLC | Delaware | 100 | |||||||||||||
DC Spectrum Holding C.V. (44) | Netherlands | 1 | |||||||||||||
DowBrands Inc. (17) | Delaware | 79 | |||||||||||||
Dow International Technology Corporation | Delaware | 100 | |||||||||||||
Dow Kakoh Kabushiki Kaisha | Japan | 65 | |||||||||||||
Dow Pacific Holdings B.V. | Netherlands | 100 | |||||||||||||
Dow Petrochemicals Holding LLC (48) | Delaware | 25 | |||||||||||||
Dow Quimica Argentina S.A. (25) | Argentina | 87 | |||||||||||||
Dow Quimica Chilena S.A. (26) | Chile | 89 | |||||||||||||
Dow Quimica de Colombia S.A. (5) | Colombia | �� 90 | |||||||||||||
Dow Quimica Mexicana S.A. de C.V. (21) | Mexico | 85 | |||||||||||||
Dow Roofing Systems LLC | Delaware | 100 | |||||||||||||
Dow South Africa Holdings (Pty) Ltd. | South Africa | 100 | |||||||||||||
Sentrachem Limited | South Africa | 100 | |||||||||||||
Cisvaal (Proprietary) Limited | South Africa | 100 | |||||||||||||
Minchem International Inc. | South Africa | 100 | |||||||||||||
South African Polymer Holdings (PTY) Ltd. | South Africa | 100 | |||||||||||||
Dow Trading S.A. | Switzerland | 100 | |||||||||||||
Dow Trent Limited | United Kingdom | 100 | |||||||||||||
Dow UK Limited | United Kingdom | 100 | |||||||||||||
Haltermann Limited | United Kingdom | 100 | |||||||||||||
Ascot Investments Limited | United Kingdom | 100 | |||||||||||||
Ascot Chemicals Limited | United Kingdom | 100 | |||||||||||||
Haltermann Pension Trustees Limited | United Kingdom | 100 | |||||||||||||
Suter Limited | United Kingdom | 100 | |||||||||||||
Dow Venezuela, C.A. (7) | Venezuela | 36 | |||||||||||||
Dow Verwaltungsgesellschaft mbH | Germany | 100 | |||||||||||||
DSL Holdings Inc. | Delaware | 100 | |||||||||||||
Dow Reichhold Specialty Latex LLC (1) | Delaware | 50 | |||||||||||||
DW Dexco Investment LLC | Delaware | 100 | |||||||||||||
Dexco Polymers L.P. (1) (23) | Texas | 49 | |||||||||||||
Equipolymers B.V. (1) | Netherlands | 50 | |||||||||||||
Essex Chemical Corporation | New Jersey | 100 | |||||||||||||
Essex Specialty Products LLC | New Jersey | 100 | |||||||||||||
American Mortell Corporation | Texas | 100 | |||||||||||||
Mortell Company | Delaware | 100 | |||||||||||||
Anabond Essex India Private Limited (1) | India | 50 | |||||||||||||
Dow International Holdings Company (27) | Delaware | 8 | |||||||||||||
Essex de Hermosillo, S.A. DE C.V. | Mexico | 100 | |||||||||||||
GWN Holding, Inc. (37) | Delaware | 27 | |||||||||||||
Wuhan Essex Chemical Co., Ltd. | China | 100 | |||||||||||||
Fenex Biopharmaceuticals Inc. | Delaware | 100 |
280
FilmTec Corporation | Delaware | 100 | |||||||||||||
OMEX Overseas Holdings Inc. | Virgin Islands | 100 | |||||||||||||
Zhejiang OMEX Environmental Engineering Co., Ltd. | China | 100 | |||||||||||||
Flexible Products Company | Georgia | 100 | |||||||||||||
Flexible Products Company of Canada, Inc | Canada | 100 | |||||||||||||
Forbanco Inc. | Delaware | 100 | |||||||||||||
General Latex and Chemical Corporation | Massachusetts | 100 | |||||||||||||
GNS Enterprises, LLC | Georgia | 100 | |||||||||||||
GNS Technologies, LLC | Georgia | 100 | |||||||||||||
Great Western Pipeline Company, Inc. | California | 100 | |||||||||||||
GWN Holding, Inc. (37) | Delaware | 66 | |||||||||||||
Dow Canada Holding LP | Canada | 100 | |||||||||||||
Daulat Canada Holding LP (51) | Canada | 50 | |||||||||||||
Dow Canada Holding B.V. | Netherlands | 100 | |||||||||||||
3229809 Nova Scotia Company | Canada | 100 | |||||||||||||
Dow Investment Argentina S.A. | Argentina | 100 | |||||||||||||
PBBPolisur S.A. (34) | Argentina | 72 | |||||||||||||
PBBPolisur S.A. (34) | Argentina | 28 | |||||||||||||
Dow Canadian Holding BV | Netherlands | 100 | |||||||||||||
Daulat Canada Holding LP | Canada | 50 | |||||||||||||
K-D Petrochemicals C.V. (1) (55) | Netherlands | 1 | |||||||||||||
K-Dow Canada ULC | Canada | 100 | |||||||||||||
Dow Chemical Finance Canada Inc. | Canada | 100 | |||||||||||||
Modeland International Holdings Inc. (28) | Barbados | 59 | |||||||||||||
Dow Brasil S.A. | Brazil | 100 | |||||||||||||
Branco Dow Compostos de Engenharia S.A. | Brazil | 100 | |||||||||||||
Cambricos de Uruguay S.A. | Uruguay | 100 | |||||||||||||
Dopec Industria E Comercio Ltda. | Brazil | 100 | |||||||||||||
Dow Especialidades Quimicas Ltda. | Brazil | 100 | |||||||||||||
Dow Brasil Sudeste Industrial Ltda. | Brazil | 100 | |||||||||||||
Keytil Sociedad Anonima | Uruguay | 100 | |||||||||||||
Fort Saskatchewan Ethylene Storage Limited Partnership (1) (14) | Canada | 49 | |||||||||||||
H-D Tech Inc. (1) | Canada | 50 | |||||||||||||
MEGlobal Canada Inc (1) | Canada | 50 | |||||||||||||
Pétromont and Company, Limited Partnership (1) | Canada | 50 | |||||||||||||
Pétromont Inc. (1) | Canada | 50 | |||||||||||||
Ifco Inc. | Delaware | 100 | |||||||||||||
Chemtech II L.P. (8) | Delaware | 5 | |||||||||||||
Ion Holdings LLC (20) | Delaware | 60 | |||||||||||||
Ion Investments S.a.r.l. | Luxembourg | 100 | |||||||||||||
Tornado Finance V.O.F. | Netherlands | 60 | |||||||||||||
Intarsia Corporation | Delaware | 99 | |||||||||||||
Joliet Marine Terminal Trust Estate (1) | Illinois | 50 | |||||||||||||
Liana Limited | Delaware | 100 | |||||||||||||
Dorinco Insurance (Ireland) Limited | Ireland | 100 | |||||||||||||
Dorinco Reinsurance Company | Michigan | 100 | |||||||||||||
Dorintal Reinsurance Limited | Bermuda | 100 | |||||||||||||
Timber Insurance Limited | Bermuda | 100 | |||||||||||||
LG DOW Polycarbonate Limited (1) | Korea | 50 | |||||||||||||
Pacific Plastics (Thailand) Limited (47) | Thailand | 49 | |||||||||||||
Productos Quimicos Peruanos S.A. (30) | Peru | 91 | |||||||||||||
PT Dow Chemical Indonesia (18) | Indonesia | 85 |
281
Ramses Acquisition Corp. | Delaware | 100 | ||||||||||||
Raven Group Ltd. | Delaware | 100 | ||||||||||||
RavenWorks Ltd. | Delaware | 100 | ||||||||||||
Rofan Services Inc. | Delaware | 100 | ||||||||||||
Dow AgroSciences LLC (9) | Delaware | 10 | ||||||||||||
DowBrands Inc. (17) | Delaware | 2 | ||||||||||||
Ion Holdings LLC (20) | Delaware | 40 | ||||||||||||
Mycogen Corporation (16) | California | 88 | ||||||||||||
Dow AgroSciences LLC (9) | Delaware | 51 | ||||||||||||
Alsan Research (1) | Iowa | 50 | ||||||||||||
Bayer DAS (Private) Limited (1) | Pakistan | 50 | ||||||||||||
DAS Agricultural Investment Holding Company Ltd. | Mauritius | 100 | ||||||||||||
Dow AgroSciences India Pvt. Ltd. (33) | India | 1 | ||||||||||||
Nantong DAS Chemical Co., Ltd. | China | 100 | ||||||||||||
DERe Insurance Company | Vermont | 100 | ||||||||||||
Dintec Agrichemicals LLC (1) | Delaware | 50 | ||||||||||||
Dow AgroSciences Agricultural Products Limited | Mauritius | 100 | ||||||||||||
Dow AgroSciences India Pvt. Ltd. (33) | India | 99 | ||||||||||||
Dow AgroSciences B.V. | Netherlands | 100 | ||||||||||||
Ambito DAS S.A. (1) | Argentina | 50 | ||||||||||||
ChacoDAS S.A. (1) | Argentina | 50 | ||||||||||||
DASER AGRO S.A. (1) | Argentina | 50 | ||||||||||||
Desab S.A. (1) | Argentina | 50 | ||||||||||||
Dintec Agroquimica Produtos Quimicos, Lda. | Portugal | 66 | ||||||||||||
Distribuidora de Agroquimicos del Sureste de la Republica S.A. de C.V. (1) | Mexico | 50 | ||||||||||||
Dow AgroSciences A.S. | Turkey | 100 | ||||||||||||
Dow AgroSciences Argentina S.A. (22) | Argentina | 89 | ||||||||||||
Dow AgroSciences Bolivia S.A. (38) | Bolivia | 1 | ||||||||||||
Dow AgroSciences Paraguay S.A. (39) | Paraguay | 1 | ||||||||||||
Dow AgroSciences Asia Sdn. Bhd. | Malaysia | 100 | ||||||||||||
Dow AgroSciences Australia Limited | Australia | 100 | ||||||||||||
Dow AgroSciences Bolivia S.A. (38) | Bolivia | 98 | ||||||||||||
Dow AgroSciences Canada Inc. | Canada | 100 | ||||||||||||
Dow AgroSciences Chile S.A. | Chile | 100 | ||||||||||||
Dow AgroSciences Costa Rica S.A. | Costa Rica | 100 | ||||||||||||
Dow AgroSciences Danmark A/S | Denmark | 100 | ||||||||||||
Dow AgroSciences de Colombia S.A. | Colombia | 100 | ||||||||||||
Dow AgroSciences de Mexico S.A. de C.V. | Mexico | 100 | ||||||||||||
Dow AgroSciences Export S.A.S. | France | 100 | ||||||||||||
Dow AgroSciences Guatemala S.A. | Guatemala | 100 | ||||||||||||
Dow AgroSciences Iberica S.A. | Spain | 100 | ||||||||||||
Dow AgroSciences Industrial Ltda. | Brazil | 100 | ||||||||||||
Agromen Technolgia Ltda. | Brazil | 100 | ||||||||||||
Dow AgroSciences Limited | United Kingdom | 100 | ||||||||||||
Dow AgroSciences (Malaysia) Sdn Bhd | Malaysia | 100 | ||||||||||||
Dow AgroSciences (NZ) Limited | New Zealand | 100 | ||||||||||||
Dow AgroSciences Pacific Limited | Hong Kong | 100 | ||||||||||||
Dow AgroSciences Paraguay S.A. (39) | Paraguay | 99 | ||||||||||||
Dow AgroSciences Bolivia S.A. (38) | Bolivia | 1 | ||||||||||||
Dow AgroSciences Polska Sp z.o.o. | Poland | 100 | ||||||||||||
Dow AgroSciences Hungary KFT (19) | Hungary | 1 | ||||||||||||
Dow AgroSciences S.A.S. | France | 100 |
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Dow AgroSciences Distribution S.A.S. | France | 100 | |||||||||||||
Dow AgroSciences s.r.o. | Czech Republic | 100 | |||||||||||||
Dow AgroSciences Sverige A/B | Sweden | 100 | |||||||||||||
Dow AgroSciences Taiwan Ltd. | Taiwan | 100 | |||||||||||||
Dow AgroSciences Technology GmbH | Switzerland | 100 | |||||||||||||
Dow AgroSciences Switzerland S.A. | Switzerland | 100 | |||||||||||||
Dow AgroSciences Hungary KFT (19) | Hungary | 99 | |||||||||||||
Dow AgroSciences Uruguay S.A. | Uruguay | 100 | |||||||||||||
Dow AgroSciences Vertriebsgesellschaft m.b.H. | Austria | 100 | |||||||||||||
Dow Chemical Japan Limited | Japan | 100 | |||||||||||||
Dow Venezuela, C.A. (7) | Venezuela | 54 | |||||||||||||
Fedea S.A. (1) | Argentina | 50 | |||||||||||||
I.C.R. - Intermedi Chimici Ravenna s.r.l. (1) | Italy | 50 | |||||||||||||
JV Agro S.A. (1) | Argentina | 50 | |||||||||||||
P.T. Dow AgroSciences Indonesia | Indonesia | 95 | |||||||||||||
Pentec - Produtos Quimicos, Lda. (1) | Portugal | 50 | |||||||||||||
Rindes y Cultivos - DAS S.A. (1) | Argentina | 50 | |||||||||||||
Terramar JV S.A. (1) | Argentina | 50 | |||||||||||||
Ubajay-DAS S.A. (1) | Argentina | 50 | |||||||||||||
Dow AgroSciences Barbados Limited | Barbados | 100 | |||||||||||||
Dow AgroSciences China Ltd. | Delaware | 100 | |||||||||||||
Dow AgroSciences International Ltd. | Delaware | 100 | |||||||||||||
Dow AgroSciences (Thailand) Limited | Thailand | 100 | |||||||||||||
Dow AgroSciences Southern Africa (Proprietary) Limited | South Africa | 100 | |||||||||||||
Sanachem Zimbabwe (Pvt) Ltd. | Zimbabwe | 100 | |||||||||||||
DowBrands Inc. (17) | Delaware | 11 | |||||||||||||
Mycogen Crop Protection, Inc. | California | 100 | |||||||||||||
Mycogen S.A. de C.V. (4) | Mexico | 99 | |||||||||||||
Mycogen Plant Science, Inc. | Delaware | 100 | |||||||||||||
Agrigenetics, Inc. | Delaware | 100 | |||||||||||||
Agrigenetics Molokai LLC | Hawaii | 100 | |||||||||||||
Brodbeck Seeds LLC | Delaware | 100 | |||||||||||||
Dairyland Seed Co., Inc. | Wisconsin | 100 | |||||||||||||
Dow AgroSciences Argentina S.A. (22) | Argentina | 11 | |||||||||||||
Duo Maize B.V. | Netherlands | 100 | |||||||||||||
Mycogen S.A. de C.V. (4) | Mexico | 1 | |||||||||||||
Mycogen Seeds-Puerto Rico Corporation | Delaware | 100 | |||||||||||||
Renze Seeds LLC | Delaware | 100 | |||||||||||||
Texas Triumph Seed Co., Inc. | Texas | 100 | |||||||||||||
Monterey Seed Company, Inc. | Texas | 100 | |||||||||||||
Phytogen Seed Company, LLC | Delaware | 54 | |||||||||||||
Wenben Inc. | Delaware | 100 | |||||||||||||
SD Group Service Co., Ltd. (1) | Thailand | 50 | |||||||||||||
Sentrachem US, Inc. | Delaware | 100 | |||||||||||||
Hampshire Holdings, Inc. | Delaware | 100 | |||||||||||||
Hampshire Chemical Corp. | Delaware | 100 | |||||||||||||
Siam Polystyrene Company Limited (1) | Thailand | 50 | |||||||||||||
Siam Styrene Monomer Co., Ltd. (1) | Thailand | 50 | |||||||||||||
Siam Synthetic Latex Company Limited (1) | Thailand | 50 | |||||||||||||
Styron Asia Limited | Hong Kong | 100 | |||||||||||||
Sumitomo Dow Limited. (1) | Japan | 50 | |||||||||||||
TCM Technologies Inc. | Delaware | 100 |
283
Texas LNG Holdings LLC | Delaware | 100 | |||||||||
Union Carbide Corporation | New York | 100 | |||||||||
Amerchol Corporation | Delaware | 100 | |||||||||
Benefit Capital Management Corporation | Delaware | 100 | |||||||||
Calidria Corporation | Delaware | 100 | |||||||||
Carbide Chemical (Thailand) Limited | Thailand | 100 | |||||||||
Excellent Quality (Thailand) Company Limited | Thailand | 100 | |||||||||
Catalysts, Adsorbents & Process Systems, Inc. | Maryland | 100 | |||||||||
Chemicals Marine Fleet, Inc. | Delaware | 100 | |||||||||
DML Holding Inc. (36) | Delaware | 11 | |||||||||
Dow International Holdings Company (27) | Delaware | 19 | |||||||||
Dow Petrochemicals Holding LLC (48) | Delaware | 25 | |||||||||
Dow Quimica Argentina S.A. (25) | Argentina | 12 | |||||||||
Dow Quimica Mexicana S.A. de C.V. (21) | Mexico | 15 | |||||||||
Dow Venezuela, C.A. (7) | Venezuela | 10 | |||||||||
Global Industrial Corporation | New York | 100 | |||||||||
GWN Holding, Inc. (37) | Delaware | 7 | |||||||||
Industrias Carlisil, S.A. | Mexico | 100 | |||||||||
K-Dow Petrochemicals UC Sub C, Inc. | Delaware | 100 | |||||||||
Univation Technologies, LLC (1) | Delaware | 50 | |||||||||
KTI Chemicals, Inc. | Delaware | 100 | |||||||||
Modeland International Holdings Inc. (28) | Barbados | 41 | |||||||||
Nippon Unicar Company Limited (1) | Japan | 50 | |||||||||
OPTIMAL Chemicals (Malaysia) Sdn. Bhd. (1) | Malaysia | 50 | |||||||||
P.T. Union Carbide Indonesia | Indonesia | 100 | |||||||||
Seadrift Pipeline Corporation | Delaware | 100 | |||||||||
Servicios de Quimicos Agricolas, S. A. | Mexico | 100 | |||||||||
South Charleston Sewage Treatment Company | West Virginia | 100 | |||||||||
UC Finco Inc. | Delaware | 100 | |||||||||
UCAR Emulsion Systems International, Inc. | Delaware | 100 | |||||||||
UCAR Emulsion Systems FZE | Dubai | 100 | |||||||||
UCAR Interam Inc. | Delaware | 100 | |||||||||
UCAR Louisiana Pipeline Company | Delaware | 100 | |||||||||
UCAR Pipeline Incorporated | Delaware | 100 | |||||||||
UCMG LLC | Delaware | 100 | |||||||||
OPTIMAL Glycols (Malaysia) Sdn. Bhd. (1) | Malaysia | 50 | |||||||||
Umetco Minerals Corporation | Delaware | 100 | |||||||||
Australia and New Zealand Exploration Company | Delaware | 100 | |||||||||
Blue Creek Coal Company, Inc. | Delaware | 100 | |||||||||
Predate Properties (Pty) Ltd. | South Africa | 100 | |||||||||
Umetco Minerals Exploration Corporation | Delaware | 100 | |||||||||
Union Carbide Asia Limited | Hong Kong | 100 | |||||||||
Union Carbide (Guangdong Zhongshan) Company Limited | China | 75 | |||||||||
Union Carbide Asia Pacific, Inc. | Delaware | 100 | |||||||||
Union Carbide Caribe LLC | Delaware | 100 | |||||||||
Union Carbide Chemicals & Plastics Technology LLC | Delaware | 100 | |||||||||
Dow Petrochemicals Holding LLC (48) | Delaware | 25 | |||||||||
Dow Technology Investments LLC (43) | Delaware | 50 | |||||||||
Union Carbide Comercial Nicaragua, S.A. | Nicaragua | 100 | |||||||||
Union Carbide Customer Services Pte. Ltd. | Singapore | 100 | |||||||||
Union Carbide Ethylene Oxide/Glycol Company | Delaware | 100 | |||||||||
Union Carbide Inter-America, Inc. (Delaware) | Delaware | 100 |
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Dow Quimica Chilena S.A. (26) | Chile | 10 | |||||||||||||
Productos Quimicos Peruanos S.A. (30) | Peru | 9 | |||||||||||||
Union Carbide Middle East Limited | Delaware | 100 | |||||||||||||
Union Carbide Pan America, Inc. | Delaware | 100 | |||||||||||||
Dow Quimica Argentina S.A. (25) | Argentina | 1 | |||||||||||||
Dow Quimica Chilena S.A. (26) | Chile | 1 | |||||||||||||
Union Carbide Philippines (Far East), Inc. | Philippines | 100 | |||||||||||||
Union Carbide Polyolefins Development Company, Inc. | Delaware | 100 | |||||||||||||
Union Carbide South Africa (Proprietary) Limited | South Africa | 100 | |||||||||||||
Union Carbide Subsidiary Q Inc. | Delaware | 100 | |||||||||||||
Union Carbide Wire & Cable Company, Inc. | Delaware | 100 | |||||||||||||
Union Polymers Sdn. Bhd. | Malaysia | 90 | |||||||||||||
UNISON Transformer Services, Inc. | Delaware | 100 | |||||||||||||
Westbridge Insurance Ltd. | Bermuda | 100 | |||||||||||||
U.S. Laboratories, Inc. | Ohio | 100 | |||||||||||||
Administrative Business Systems, Inc. | Ohio | 100 | |||||||||||||
Poly-Carb, Inc. | Ohio | 100 | |||||||||||||
Warbler I LLC | Delaware | 100 | |||||||||||||
Yokkaichi MDI Limited (1) | Japan | 50 | |||||||||||||
*Location of incorporation or organization. Primary location of organization is reported for partnerships. | |||||||||||||||
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(1) | These companies are 50%-owned, nonconsolidated affiliates of The Dow Chemical Company and are accounted for on the equity basis. Separate financial statements for these companies are not included in this Form 10-K. These companies are not controlled, directly or indirectly, by The Dow Chemical Company. Subsidiaries of these companies, if any, are not listed in this Exhibit 21. |
(2) | The Dow Chemical Company effective ownership of Dow Mideast Systems S.A.E. (JSC) is 100% of which Dow Europe Holding B.V. owns 99.96%, Dow Europe GmbH owns 0.020% and Dow InterBranch B.V. owns 0.020%. |
(3) | The Dow Chemical Company effective ownership of Dow Turkiye Kimya Sanayi ve Ticaret Ltd Sti is 100% of which Dow Europe Holding B.V. owns 99.9988% and Dow InterBranch B.V. owns 0.0012%. |
(4) | The Dow Chemical Company effective ownership of Mycogen S.A. de C.V. is 100% of which Mycogen Crop Protection, Inc. owns 99% and Agrigenetics, Inc. owns 1%. |
(5) | The Dow Chemical Company effective ownership of Dow Quimica de Colombia S.A. is 100% of which The Dow Chemical Company owns 90% and Dow Chemical Inter-American Limited owns 10%. |
(6) | The Dow Chemical Company effective ownership of DowBrands L.P. is 100% of which Dow Holdings LLC owns 58% and DC Partnership Management Inc. owns 42%. |
(7) | The Dow Chemical Company effective ownership of Dow Venezuela, C.A. is 100% of which Dow AgroSciences B.V. owns 53.84%, The Dow Chemical Company owns 36.06% and Union Carbide Corporation owns 10.1%. |
(8) | The Dow Chemical Company effective ownership of Chemtech II L.P. is 100% of which Dow Chemical Delaware Corp. owns 72.46%, The Dow Chemical Company owns 22.39% and Ifco Inc. owns 5.15%. |
(9) | The Dow Chemical Company effective ownership of Dow AgroSciences LLC is 100% of which Mycogen Corporation owns 51%, Centen Ag Inc. owns 38.91% and Rofan Services Inc. owns 10.09%. |
(10) | The Dow Chemical Company effective ownership of Polyol Belgium B.V.B.A. is 100% of which Dow Benelux B.V. owns 99.5% and Dow Europe Holding B.V. owns 0.5%. |
(11) | The Dow Chemical Company effective ownership of Chemtech Portfolio Inc. is 100% of which Dow Global Technologies Inc. owns 66.82% and Chemtech II L.P. owns 33.18% . |
(12) | The Dow Chemical Company effective ownership of Dow S/B Latex (Zhangjiagang) Co. Ltd. is 100% of which Dow Chemical (China) Investment Company Limited owns 61.16% and Dow Financial Holdings Singapore Pte Ltd. owns 38.84%. |
(13) | The Dow Chemical Company effective ownership of Dow Chemical (Zhangjiagang) Company Limited is 100% of which Dow Chemical (China) Investment Company Limited owns 85.36% and Dow Financial Holdings Singapore Pte Ltd. owns 14.64%. |
(14) | The Dow Chemical Company effective ownership of Fort Saskatchewan Ethylene Storage Limited Partnership is 50% of which K-Dow Canada ULC owns 49.9% and Fort Saskatchewan Ethylene Storage Corporation owns 0.2%. (Midland Pipeline Corp. owns 50% of Fort Saskatchewan Ethylene Storage Corporation.) |
(15) | The Dow Chemical Company effective ownership of SAL Petrochemical (Zhangjiagang) Company Limited is 100% of which Dow Financial Holdings Singapore Pte Ltd. owns 90% and Dow Chemical (China) Investment Company Limited owns 10%. |
(16) | The Dow Chemical Company effective ownership of Mycogen Corporation is 100% of which Rofan Services Inc. owns 88.11% and Centen Ag Inc. owns 11.89%. |
(17) | The Dow Chemical Company effective ownership of DowBrands Inc. is 100% of which Dow International Holdings Company owns 79%, Mycogen Corporation owns 11%, Centen Ag Inc. owns 8% and Rofan Services Inc. owns 2%. |
(18) | The Dow Chemical Company effective ownership of PT Dow Chemical Indonesia is 100% of which The Dow Chemical Company owns 84.5991% and Dow Chemical Pacific (Singapore) Private Limited owns 15.4009%. |
(19) | The Dow Chemical Company effective ownership of Dow AgroSciences Hungary KFT is 100% of which Dow AgroSciences Switzerland S.A. owns 99.97% and Dow AgroSciences Polska Sp z.o.o. owns 0.03%. |
(20) | The Dow Chemical Company effective ownership of Ion Holdings LLC is 100% of which The Dow Chemical Company owns 60% and Rofan Services Inc. owns 40%. |
(21) | The Dow Chemical Company effective ownership of Dow Quimica Mexicana S.A. de C.V. is 100% of which The Dow Chemical Company owns 84.58% and Union Carbide Corporation owns 15.42%. |
(22) | The Dow Chemical Company effective ownership of Dow AgroSciences Argentina S.A. is 100% of which Dow AgroSciences B.V. owns 89.13% and Agrigenetics, Inc. owns 10.87%. |
(23) | The Dow Chemical Company effective ownership of Dexco Polymers L.P. is 50% of which DW Dexco Investment LLC owns 49.5% and Dexco Polymers Operating Company LLC owns 1%. (The Dow Chemical Company owns 50% of Dexco Polymers Operating Company LLC). |
(24) | The Dow Chemical Company effective ownership of Dow Zwijndrecht B.V.B.A. is 100% of which Dow Europe Holding B.V. owns 99.65% and Dow InterBranch B.V. owns 0.35%. |
286
(25) | The Dow Chemical Company effective ownership of Dow Quimica Argentina S.A. is 100% of which The Dow Chemical Company owns 87.89%, Union Carbide Corporation owns 11.99% and Union Carbide Pan America, Inc. owns 0.12%. |
(26) | The Dow Chemical Company effective ownership of Dow Quimica Chilena S.A. is 100% of which The Dow Chemical Company owns 89.81%, Union Carbide Inter-America, Inc. (Delaware) owns 10.16% and Union Carbide Pan America, Inc. owns 0.03%. |
(27) | The Dow Chemical Company effective ownership of Dow International Holdings Company is 100% of which The Dow Chemical Company owns 72.0268%, Union Carbide Corporation owns 19.1341%, Essex Specialty Products LLC owns 8.7988% and Dow Chemical International Ltd owns 0.0403%. |
(28) | The Dow Chemical Company effective ownership of Modeland International Holdings Inc. is 100% of which Dow Chemical Finance Canada Inc. owns 59.1% and Union Carbide Corporation owns 40.9%. |
(29) | The Dow Chemical Company effective ownership of Dow Hungary Kft. is 100% of which Dow Europe Holding B.V. owns 99.98% and Dow InterBranch B.V. owns 0.02%. |
(30) | The Dow Chemical Company effective ownership of Productos Quimicos Peruanos S.A. is 100% of which The Dow Chemical Company owns 91.21% and Union Carbide Inter-America, Inc. (Delaware) owns 8.79%. |
(31) | The Dow Chemical Company effective ownership of Valuepark Terneuzen C.V. is 50% of which Terneuzen Partnership Services B.V. owns 49.82% and Valuepark Terneuzen Beheer B.V. owns 0.36%. (Dow Benelux B.V. owns 50% of Valuepark Terneuzen Beheer BV). |
(32) | The Dow Chemical Company effective ownership of Dow Chemical International Pvt. Ltd. is 100% of which Dow Chemical Pacific (Singapore) Private Limited owns 99.99% and Dow Chemical (Singapore) Private Limited owns 0.01%. |
(33) | The Dow Chemical Company effective ownership of Dow AgroSciences India Pvt. Ltd. is 100% of which Dow AgroSciences Agricultural Products Limited owns 99.99% and DAS Agricultural Investment Holding Company Ltd. owns 0.01%. |
(34) | The Dow Chemical Company effective ownership of PBBPolisur S.A. is 100% of which Dow Investment Argentina S.A. owns 72% and 3229809 Nova Scotia Company owns 28%. |
(35) | The Dow Chemical Company effective ownership of Dow Deutschland GmbH & Co OHG is 100% of which Dow Automotive (Deutschland) GmbH owns 35%, SAFECHEM Europe GmbH owns 35% and ANGUS Chemie GmbH owns 30%. |
(36) | The Dow Chemical Company effective ownership of DML Holding Inc. is 100% of which The Dow Chemical Company owns 88.84% and Union Carbide Corporation owns 11.16%. |
(37) | The Dow Chemical Company effective ownership of GWN Holding, Inc. is 100% of which The Dow Chemical Company owns 66.23%, Essex Specialty Products LLC owns 26.93% and Union Carbide Corporation owns 6.84%. |
(38) | The Dow Chemical Company effective ownership of Dow AgroSciences Bolivia S.A. is 100% of which Dow AgroSciences B.V. owns 99%, Dow AgroSciences Argentina S.A. owns 0.5% and Dow AgroSciences Paraguay S.A. owns 0.5%. |
(39) | The Dow Chemical Company effective ownership of Dow AgroSciences Paraguay S.A. is 100% of which Dow AgroSciences B.V. owns 99.99% and Dow AgroSciences Argentina S.A. owns 0.01%. |
(40) | The Dow Chemical Company effective ownership of Dow Chemical Korea Limited is 100% of which The Dow Chemical Company owns 85.82% and Dow Europe Holding B.V. owns 14.18%. |
(41) | The Dow Chemical Company effective ownership of Dow Saudi Arabia Company is 100% of which Dow Europe Holding B.V. owns 85% and Dow Interbranch B.V. owns 15%. |
(42) | The Dow Chemical Company effective ownership of Dow Wolff Cellulosics GmbH & Co OHG is 100% of which ANGUS Chemie GmbH owns 50% and SAFECHEM Europe GmbH owns 50%. Dow Europe Holding B.V. acts as general partner with 0% capital participation. |
(43) | The Dow Chemical Company effective ownership of Dow Technology Investments LLC is 100% of which Dow Global Technologies Inc. owns 50% and Union Carbide Chemicals & Plastics Technology LLC owns 50%. |
(44) | The Dow Chemical Company effective ownership of DC Spectrum Holding C.V. is 100% of which Dow International Holdings Company owns 99.999% and Dow Netherlands Holdings LLC owns 0.001%. |
(45) | The Dow Chemical Company effective ownership of Coöperatieve DC Prisma Holding U.A. is 100% of which DC Spectrum Holding C.V. owns 99.999% and Dow Netherlands Investments LLC owns .001%. |
(46) | The Dow Chemical Company effective ownership of DC Galaxy Holding C.V. is 100% of which Dow International Holdings S.A. owns 99.928% and Dow Dutch Holding B.V. owns 0.072%. |
(47) | The Dow Chemical Company effective ownership of Pacific Plastics (Thailand) Limited is 100% of which Dow Chemical International Ltd. owns 51% and The Dow Chemical Company owns 49%. |
287
(48) | The Dow Chemical Company effective ownership of Dow Petrochemicals Holding LLC is 100% of which The Dow Chemical Company owns 25%, Dow Global Technologies Inc. owns 25%, Union Carbide Corporation owns 25% and Union Carbide Chemicals & Plastics Technology LLC owns 25%. |
(49) | The Dow Chemical Company effective ownership of Dow Egypt Services Limited is 100% of which Dow Mideast Systems S.A.E. (JSC) owns 75% and Dow Europe GmbH owns 25%. |
(50) | The Dow Chemical Company effective ownership of Dow Olefinverbund GmbH is 100% of which Dow Europe Holding B.V. owns 95% and Dow Beteiligungsgesellschaft mbH & Co. KG owns 5%. |
(51) | The Dow Chemical Company effective ownership of Daulat Canada Holding LP is 100% of which Dow Canada Holding LP owns 50% and Dow Canadian Holding BV owns 50%. |
(52) | The Dow Chemical Company effective ownership of Dow Izolan OOO is 58% via its ownership interest in RUS Polyurethanes Holding B.V. |
(53) | The Dow Chemical Company effective ownership of Dow Izolan Ukraine LLC is 58% via its ownership interest in RUS Polyurethanes Holding B.V. |
(54) | The Dow Chemical Company effective ownership of UPPC S.A.R.L. is 100% of which UPPC GmbH owns 75% and Dow France S.A.S. owns 25%. |
(55) | The Dow Chemical Company effective ownership of K-D Petrochemicals C.V. is 50% of which Daulat Holdco LLC owns .00058011%, Dow Plastics and Chemicals Holding B.V. owns .00058011%, Daulat Canada Holding LP owns .00058011% and K-Dow Petrochemicals GmbH owns 99.99651933% (Dow Petrochemicals Holding LLC owns 50% of K-Dow Petrochemicals GmbH.) |
288