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Subsidiaries of The Dow Chemical Company
At December 31, 2007
| 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 | |||||||||||||||
Arabian Chemical Company (Latex) Ltd.(1) | Saudi Arabia | 50 | ||||||||||||||
Arabian Chemical Company (Polystyrene) Limited(1) | Saudi Arabia | 50 | ||||||||||||||
Arakawa Europe GmbH | Germany | 60 | ||||||||||||||
AVC Holdings Inc.(35) | Delaware | 63 | ||||||||||||||
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 | ||||||||||||||
Mycogen Corporation(16) | California | 12 | ||||||||||||||
Chemars Inc. | Delaware | 100 | ||||||||||||||
Chemars III LLC | Delaware | 100 | ||||||||||||||
DC Partnership Management Inc. | Delaware | 100 | ||||||||||||||
DowBrands L.P.(6) | Delaware | 42 | ||||||||||||||
DCOMCO, Inc. | Delaware | 100 | ||||||||||||||
Denmerco Inc. | Delaware | 100 | ||||||||||||||
DW Dexco Investment LLC | Delaware | 100 | ||||||||||||||
Dexco Polymers L.P.(1)(24) | Texas | 49 | ||||||||||||||
Dexco Polymers Operating Company LLC(1) | Texas | 50 | ||||||||||||||
Dexco Polymers L.P.(1)(24) | Texas | 1 | ||||||||||||||
Diamond Capital Management Inc. | Delaware | 100 | ||||||||||||||
DML Holding Inc.(40) | Delaware | 89 | ||||||||||||||
DMM Financial LLC | Delaware | 100 | ||||||||||||||
MTD Pipeline LLC(1) | Delaware | 50 | ||||||||||||||
Dofinco, Inc. | 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 (Shanghai) Company Limited | China | 100 | ||||||||||||||
Dow Chemical (Zhangjiagang) Company Limited(13) | China | 57 | ||||||||||||||
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 | 72 | ||||||||||||||
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 | ||||||||||||||
Dow Chemical Thailand Ltd. | Thailand | 100 | ||||||||||||||
Dow International Holdings Company(28) | Delaware | 1 | ||||||||||||||
Hobbes Capital S.A.(23) | �� | Luxembourg | 48 | |||||||||||||
Petroquimica-Dow S.A. (Petrodow) | Chile | 100 | ||||||||||||||
Dow Chemical Korea Limited(44) | Korea | 86 | ||||||||||||||
Dow Chemical (NZ) Limited | New Zealand | 100 | ||||||||||||||
Dow Chemical Pacific Limited | Hong Kong | 100 |
209
Dow Chemical Pacific (Singapore) Private Limited | Singapore | 100 | ||||||||||||||
Dow Chemical (Guangzhou) Company Limited | China | 100 | ||||||||||||||
Dow Chemical International Pvt. Ltd.(34) | India | 99 | ||||||||||||||
Dow Chemical (Malaysia) Sdn. Bhd. | Malaysia | 100 | ||||||||||||||
Dow Financial Holdings Singapore Pte Ltd. | Singapore | 100 | ||||||||||||||
Dow Chemical (Zhangjiagang) Company Limited(13) | China | 43 | ||||||||||||||
Dow S/B Latex (Zhangjiagang) Co. Ltd.(12) | China | 39 | ||||||||||||||
SAL Petrochemical (Zhangjiagang) Company Limited(15) | China | 90 | ||||||||||||||
Dow HPPO (Thailand) Limited | Thailand | 100 | ||||||||||||||
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.(34) | 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 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 Financial Services Inc. | Delaware | 100 | ||||||||||||||
Dow Global Technologies Inc. | Delaware | 100 | ||||||||||||||
AVC Holdings Inc.(35) | Delaware | 37 | ||||||||||||||
Chemtech Portfolio Inc.(11) | Texas | 67 | ||||||||||||||
Dow Technology Investments LLC(47) | Delaware | 50 | ||||||||||||||
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(28) | Delaware | 72 | ||||||||||||||
DC Spectrum Holding C.V.(48) | Netherlands | 99 | ||||||||||||||
Coöperatieve DC Prisma Holding U.A.(49) | Netherlands | 99 | ||||||||||||||
Dow Dutch Holding B.V. | Netherlands | 100 | ||||||||||||||
DC Galaxy Holding C.V.(50) | Netherlands | 1 | ||||||||||||||
Dow Europe Finance I B.V. | Netherlands | 100 |
210
Dow International Holdings S.A. | Switzerland | 100 | ||||||||||||||
DC Galaxy Holding C.V.(50) | 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 | ||||||||||||||
CaseTech Polska Sp. z o.o. | Poland | 100 | ||||||||||||||
Control Securities Finance (Consecfin) 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)(33) | Netherlands | 1 | ||||||||||||||
Dow Beteiligungsgesellschaft mbH & Co. KG | Germany | 100 | ||||||||||||||
Dow Olefinverbund GmbH | 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 | ||||||||||||||
Wolff Cellulosics S.L. | Spain | 100 | ||||||||||||||
Dow Chemical Korea Limited(44) | 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 Contract Services FZE | Dubai | 100 | ||||||||||||||
Dow Export GmbH | Switzerland | 100 | ||||||||||||||
Dow Mideast Systems S.A.E. (JSC)(2) | Egypt | 1 | ||||||||||||||
Dow France S.A.S. | France | 100 | ||||||||||||||
Dow Hellas A.E. | Greece | 100 | ||||||||||||||
Dow Hungary Kft.(30) | Hungary | 99 | ||||||||||||||
Dow InterBranch B.V. | Netherlands | 100 | ||||||||||||||
Dow Danmark A/S | Denmark | 100 | ||||||||||||||
Dow Hungary Kft.(30) | Hungary | 1 | ||||||||||||||
Dow Mideast Systems S.A.E. (JSC)(2) | Egypt | 1 | ||||||||||||||
Dow Norge A/S | Norway | 100 | ||||||||||||||
Dow Saudi Arabia Company(45) | Saudi Arabia | 15 | ||||||||||||||
Dow Turkiye Kimya Sanayi ve Ticaret Ltd Sti(3) | Turkey | 1 | ||||||||||||||
Dow Zwijndrecht B.V.B.A.(25) | Belgium | 1 | ||||||||||||||
MTP HPPO Manufacturing Company Limited | Thailand | 100 | ||||||||||||||
Dow Italia s.r.l. | Italy | 100 |
211
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 Olefinverbund GmbH | Germany | 95 | ||||||||||||||
ANGUS Chemie GmbH | Germany | 100 | ||||||||||||||
Dow Deutschland GmbH & Co OHG(39) | Germany | 30 | ||||||||||||||
Dow Wolff Cellulosics GmbH & Co OHG(46) | Germany | 50 | ||||||||||||||
Dow Pipeline Gesellschaft mbH & Co. KG | Germany | 80 | ||||||||||||||
Dow Pipeline Verwaltungsgesellschaft mbH | Germany | 80 | ||||||||||||||
Dow AgroSciences GmbH | Germany | 100 | ||||||||||||||
Dow Automotive (Deutschland) GmbH | Germany | 100 | ||||||||||||||
Dow Deutschland GmbH & Co OHG(39) | Germany | 35 | ||||||||||||||
Dow Deutschland Anlagengesellschaft mbH | Germany | 100 | ||||||||||||||
Dow Wolff Cellulosics GmbH | Germany | 100 | ||||||||||||||
AF Personalpartner GmbH | Germany | 100 | ||||||||||||||
CaseTech Geschaftsfuhrungs-GmbH | Germany | 100 | ||||||||||||||
Gerhard Peter GmbH | Germany | 100 | ||||||||||||||
CaseTech GmbH & Co. KG | Germany | 100 | ||||||||||||||
Probis GmbH | Germany | 100 | ||||||||||||||
UPPC AG | Germany | 100 | ||||||||||||||
UPPC Ltd. | United Kingdom | 100 | ||||||||||||||
UPPC S.A.R.L. | France | 75 | ||||||||||||||
SAFECHEM Europe GmbH | Germany | 100 | ||||||||||||||
Dow Deutschland GmbH & Co OHG(39) | Germany | 35 | ||||||||||||||
Dow Wolff Cellulosics GmbH & Co OHG(46) | Germany | 50 | ||||||||||||||
Dow Polska Sp.z.o.o. | Poland | 100 | ||||||||||||||
Dow Portugal—Produtos Quimicos, Unipessoal, Lda. | Portugal | 100 | ||||||||||||||
Dow Saudi Arabia Company(45) | 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 Zwijndrecht B.V.B.A.(25) | Belgium | 99 | ||||||||||||||
Dow (Wilton) Limited | United Kingdom | 100 | ||||||||||||||
Edulan A/S | Denmark | 100 | ||||||||||||||
Edulan UK Limited | United Kingdom | 100 | ||||||||||||||
Ginger B.V.(1) | Netherlands | 50 | ||||||||||||||
Haltermann B.V.B.A. | Belgium | 100 | ||||||||||||||
HPPO Holding & Finance C.V.(1) | Netherlands | 50 | ||||||||||||||
MEGlobal B.V.(1) | Netherlands | 50 | ||||||||||||||
Oman Petrochemical Industries Company LLC(1) | Oman | 50 | ||||||||||||||
Polyol Belgium B.V.B.A.(10) | Belgium | 1 | ||||||||||||||
RUS Polyurethanes Holding B.V. | Netherlands | 58 | ||||||||||||||
Dow Izolan OOO | Russia | 100 | ||||||||||||||
UC Investment B.V. | Netherlands | 100 | ||||||||||||||
Rofan Automation and Information Systems B.V. | Netherlands | 100 | ||||||||||||||
Terneuzen Partnership Services B.V. | Netherlands | 100 | ||||||||||||||
Valuepark Terneuzen C.V.(1)(33) | Netherlands | 49 | ||||||||||||||
Dow Netherlands Investments LLC | Delaware | 100 | ||||||||||||||
Coöperatieve DC Prisma Holding U.A.(49) | Netherlands | 1 | ||||||||||||||
Dow Netherlands Holdings LLC | Delaware | 100 |
212
DC Spectrum Holding C.V.(48) | Netherlands | 1 | ||||||||||||||
DowBrands Inc.(17) | Delaware | 79 | ||||||||||||||
Dow International Technology Corporation | Delaware | 100 | ||||||||||||||
Dow Investment Argentina S.A.(36) | Argentina | 97 | ||||||||||||||
PBBPolisur S.A.(38) | Argentina | 72 | ||||||||||||||
Dow Kakoh Kabushiki Kaisha | Japan | 65 | ||||||||||||||
Dow Pacific Holdings B.V. | Netherlands | 100 | ||||||||||||||
Dow Quimica Argentina S.A.(26) | Argentina | 87 | ||||||||||||||
Dow Quimica Chilena S.A.(27) | Chile | 89 | ||||||||||||||
Dow Quimica de Colombia S.A.(5) | Colombia | 90 | ||||||||||||||
Dow Quimica Mexicana S.A. de C.V.(21) | Mexico | 85 | ||||||||||||||
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 Holdings Limited | United Kingdom | 100 | ||||||||||||||
Ascot International Management Limited | United Kingdom | 100 | ||||||||||||||
Ascot Limited | United Kingdom | 100 | ||||||||||||||
Ascot Investments Limited | United Kingdom | 100 | ||||||||||||||
Ascot Chemicals Limited | United Kingdom | 100 | ||||||||||||||
Mitchell Cotts Chemicals Limited | United Kingdom | 100 | ||||||||||||||
Ascot Management Services Limited | United Kingdom | 100 | ||||||||||||||
Haltermann Pension Trustees Limited | United Kingdom | 100 | ||||||||||||||
Chirotech Technology Limited | United Kingdom | 100 | ||||||||||||||
Lynshield Limited(1) | United Kingdom | 50 | ||||||||||||||
Suter Limited | United Kingdom | 100 | ||||||||||||||
Ascot Overseas Ltd. | 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 | ||||||||||||||
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(28) | Delaware | 9 | ||||||||||||||
Dow Investment Argentina S.A.(36) | Argentina | 3 | ||||||||||||||
Essex de Hermosillo, S.A. DE C.V. | Mexico | 100 | ||||||||||||||
Wuhan Essex Chemical Co., Ltd. | China | 100 | ||||||||||||||
FilmTec Corporation | Delaware | 100 | ||||||||||||||
OMEX Overseas Holdings Inc. | Virgin Islands | 100 | ||||||||||||||
Shandong OMEX Environmental Engineering Co. Ltd. | China | 100 | ||||||||||||||
Zhejiang OMEX Environmental Engineering Co., Ltd. | China | 100 | ||||||||||||||
Flexible Products Company | Georgia | 100 |
213
Flexible Products Company of Canada, Inc | Canada | 100 | ||||||||||||||
Forbanco Inc. | Delaware | 100 | ||||||||||||||
GBRP, L.L.C. | Louisiana | 94 | ||||||||||||||
General Latex and Chemical Corporation | Massachusetts | 100 | ||||||||||||||
General Latex Canada Inc. | Canada | 100 | ||||||||||||||
GNS Enterprises, LLC | Georgia | 100 | ||||||||||||||
GNS Technologies, LLC | Georgia | 100 | ||||||||||||||
Great Western Pipeline Company, Inc. | California | 100 | ||||||||||||||
GWN Holding, Inc.(41) | Delaware | 89 | ||||||||||||||
Dow Canada Holding LP | Canada | 100 | ||||||||||||||
Dow Canada Holding B.V. | Netherlands | 100 | ||||||||||||||
Dow Chemical Canada Inc. | Canada | 100 | ||||||||||||||
Dow Chemical Finance Canada Inc. | Canada | 100 | ||||||||||||||
Modeland International Holdings Inc.(29) | 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 | ||||||||||||||
Essex Specialty Products, Inc., Canada | Canada | 100 | ||||||||||||||
Fort Saskatchewan Ethylene Storage Limited Partnership(1)(14) | Canada | 49 | ||||||||||||||
H-D Tech Inc.(1) | Canada | 50 | ||||||||||||||
MEGlobal Canada Inc(1) | Canada | 50 | ||||||||||||||
Petromont and Company, Limited Partnership(1) | Canada | 50 | ||||||||||||||
Petromont 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 | ||||||||||||||
PBBPolisur S.A.(38) | Argentina | 28 | ||||||||||||||
PT Dow Chemical Indonesia(18) | Indonesia | 85 | ||||||||||||||
Productos Quimicos Peruanos S.A.(31) | Peru | 91 | ||||||||||||||
Proresin Inc. | Delaware | 100 | ||||||||||||||
Haltermann Incorporated | Texas | 100 | ||||||||||||||
Johann Haltermann Ltd.(32) | Texas | 1 | ||||||||||||||
Johann Haltermann Ltd.(32) | Texas | 99 | ||||||||||||||
Raven Group Ltd. | Delaware | 100 | ||||||||||||||
RavenWorks Ltd. | Delaware | 100 | ||||||||||||||
Rofan Services Inc. | Delaware | 100 | ||||||||||||||
Dow AgroSciences LLC(9) | Delaware | 10 |
214
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 | ||||||||||||||
DERe Insurance Company | Vermont | 100 | ||||||||||||||
Dintec Agrichemicals LLC(1) | Delaware | 50 | ||||||||||||||
Dow AgroSciences Agricultural Products Limited | Mauritius | 100 | ||||||||||||||
Dow AgroSciences India Pvt. Ltd.(37) | 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.(42) | Bolivia | 1 | ||||||||||||||
Dow AgroSciences Paraguay S.A.(43) | Paraguay | 1 | ||||||||||||||
Dow AgroSciences Asia Sdn. Bhd. | Malaysia | 100 | ||||||||||||||
Dow AgroSciences Australia Limited | Australia | 100 | ||||||||||||||
Dow AgroSciences Bolivia S.A.(42) | 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 (NZ) Limited | New Zealand | 100 | ||||||||||||||
Dow AgroSciences Pacific Limited | Hong Kong | 100 | ||||||||||||||
Dow AgroSciences Paraguay S.A.(43) | Paraguay | 99 | ||||||||||||||
Dow AgroSciences Bolivia S.A.(42) | 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 | ||||||||||||||
Dow AgroSciences Distribution S.A.S. | France | 100 | ||||||||||||||
Dow AgroSciences (Malaysia) Sdn Bhd | Malaysia | 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 | ||||||||||||||
Pytech Chemicals GmbH(1) | Switzerland | 50 |
215
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 | 21 | ||||||||||||||
DAS Agricultural Investment Holding Company Ltd. | Mauritius | 100 | ||||||||||||||
Dow AgroSciences India Pvt. Ltd.(37) | India | 1 | ||||||||||||||
Nantong DAS Chemical Co., Ltd. | China | 82 | ||||||||||||||
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 | ||||||||||||||
Dow AgroSciences Argentina S.A.(22) | Argentina | 11 | ||||||||||||||
Duo Maize B.V. | Netherlands | 100 | ||||||||||||||
Mycogen Seeds-Puerto Rico Corporation | Delaware | 100 | ||||||||||||||
Mycogen S.A. de C.V.(4) | Mexico | 1 | ||||||||||||||
Phytogen Seed Company, LLC | Delaware | 54 | ||||||||||||||
Wenben Inc. | Delaware | 100 | ||||||||||||||
Sentrachem US, Inc. | Delaware | 100 | ||||||||||||||
Hampshire Holdings, Inc. | Delaware | 100 | ||||||||||||||
Hampshire Chemical Corp. | Delaware | 100 | ||||||||||||||
Styron Asia Limited | Hong Kong | 100 | ||||||||||||||
Sumitomo Dow Limited.(1) | Japan | 50 | ||||||||||||||
TCM Technologies Inc. | Delaware | 100 | ||||||||||||||
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.(40) | Delaware | 11 | ||||||||||||||
Dow International Holdings Company(28) | Delaware | 18 | ||||||||||||||
Dow Quimica Argentina S.A.(26) | Argentina | 12 |
216
Dow Quimica Mexicana S.A. de C.V.(21) | Mexico | 15 | ||||||||||||||
Dow Venezuela, C.A.(7) | Venezuela | 10 | ||||||||||||||
EQUATE Marketing Company E.C.(1) | Bahrain | 50 | ||||||||||||||
Global Industrial Corporation | New York | 100 | ||||||||||||||
GWN Holding, Inc.(41) | Delaware | 11 | ||||||||||||||
Industrias Carlisil, S.A. | Mexico | 100 | ||||||||||||||
KTI Chemicals, Inc. | Delaware | 100 | ||||||||||||||
Modeland International Holdings Inc.(29) | 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 | ||||||||||||||
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 | ||||||||||||||
UC Finco Inc. | Delaware | 100 | ||||||||||||||
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 Technology Investments LLC(47) | 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 | ||||||||||||||
Dow Quimica Chilena S.A.(27) | Chile | 10 | ||||||||||||||
Productos Quimicos Peruanos S.A.(31) | Peru | 9 | ||||||||||||||
Union Carbide Middle East Limited | Delaware | 100 | ||||||||||||||
Union Carbide Pakistan (Private) Limited | Pakistan | 60 | ||||||||||||||
Union Carbide Pan America, Inc. | Delaware | 100 | ||||||||||||||
Dow Quimica Argentina S.A.(26) | Argentina | 1 | ||||||||||||||
Dow Quimica Chilena S.A.(27) | 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 C, Inc | Delaware | 100 | ||||||||||||||
Univation Technologies, LLC(1) | Delaware | 50 | ||||||||||||||
Union Carbide Subsidiary Q Inc. | Delaware | 100 | ||||||||||||||
Union Carbide Wire & Cable Company, Inc. | Delaware | 100 |
217
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 | ||||||||||||||
Walsroder Packaging LLC | Delaware | 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.
218
- (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 99.87% and Dow InterBranch B.V. owns 0.13%.
- (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 The Dow Chemical Company owns 36.06%, Dow AgroSciences B. V. owns 53.84% and Union Carbide Corporation owns 10.1%.
- (8)
- The Dow Chemical Company effective ownership of Chemtech II L.P. is 77.61% of which Dow Chemical Delaware Corp. owns 72.46% and Ifco Inc. owns 5.15%.
- (9)
- The Dow Chemical Company effective ownership of Dow AgroSciences LLC is 100% of which Rofan Services Inc. owns 10.09%, Centen Ag Inc. owns 38.91% and Mycogen Corporation owns 51%.
- (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 92.57% of which Dow Global Technologies Inc. owns 66.82% and Chemtech II L.P. owns 33.18% (The Dow Chemical Company effectively owns 77.61% of Chemtech II L.P.: see note 8 above).
- (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 56.89% and Dow Financial Holdings Singapore Pte Ltd. owns 43.11%.
- (14)
- The Dow Chemical Company effective ownership of Fort Saskatchewan Ethylene Storage Limited Partnership is 50% of which Dow Chemical Canada Inc. 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 Chemical (China) Investment Company Limited owns 10% and Dow Financial Holdings Singapore Pte Ltd. owns 90%.
- (16)
- The Dow Chemical Company effective ownership of Mycogen Corporation is 100% of which Centen Ag Inc. owns 11.89% and Rofan Services Inc. owns 88.11%.
- (17)
- The Dow Chemical Company effective ownership of DowBrands Inc. is 100% of which Dow AgroSciences LLC owns 21% and Dow International Holdings Company owns 79%.
- (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 Hobbes Capital S.A., a fully consolidated entity, is 48%.
- (24)
- 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).
- (25)
- 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%.
219
- (26)
- 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%.
- (27)
- 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%.
- (28)
- The Dow Chemical Company effective ownership of Dow International Holdings Company is 100% of which The Dow Chemical Company owns 72.36%, Essex Specialty Products LLC owns 8.846%, Union Carbide Corporation owns 18.75% and Dow Chemical International Ltd owns .044%.
- (29)
- 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%.
- (30)
- 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%.
- (31)
- 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%.
- (32)
- The Dow Chemical Company effective ownership of Johann Haltermann Ltd. is 100% of which Proresin Inc. owns 99% and Haltermann Incorporated owns 1%.
- (33)
- 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 .36%. (Dow Benelux B.V. owns 50% of Valuepark Terneuzen Beheer BV).
- (34)
- 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%.
- (35)
- The Dow Chemical Company effective ownership of AVC Holdings Inc. is 100% of which The Dow Chemical Company owns 63% and Dow Global Technologies Inc. owns 37%.
- (36)
- The Dow Chemical Company effective ownership of Dow Investment Argentina S.A. is 100% of which The Dow Chemical Company owns 97.1% and Essex Specialty Products LLC owns 2.9%.
- (37)
- 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%.
- (38)
- The Dow Chemical Company effective ownership of PBBPolisur S.A. is 100% of which Dow Investment Argentina S.A. owns 72% and The Dow Chemical Company owns 28%.
- (39)
- 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%.
- (40)
- 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%.
- (41)
- The Dow Chemical Company effective ownership of GWN Holding, Inc. is 100% of which The Dow Chemical Company owns 88.84% and Union Carbide Corporation owns 11.16%.
- (42)
- 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 0.05% and Dow AgroSciences Paraguay S.A. owns 0.05%.
- (43)
- 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%.
- (44)
- 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%.
- (45)
- 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%.
- (46)
- 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.
- (47)
- The Dow Chemical Company effective ownership of Dow Technologiy Investment LLC is 100% of which Dow Global Technologies Inc. owns 50% and Union Carbide Chemicals & Plastics Technology Corporation owns 50%.
- (48)
- 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%.
- (49)
- The Dow Chemical Company effective ownership of Cooperatieve DC Prisma Holding U.A. is 100% of which DC Spectrum Holding C.V. owns 99.999% and Dow Netherlands Investments LLC owns 0.001%.
- (50)
- 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%.
220