Dow Acquires Controlling Interest in Korea's Pacific Epoxy Co.Ltd. 

Date: Fri, 12 Jan 2001 23:45:36 EST

From: ParfumGigi@aol.com

To: SBI-Talk@egroups.com

CC: delphine1939@videotron.ca  

Hi ladies, Here's a little news on the Dow C., and what their famous for producing, toxic chemicals called epoxy resins. I'm positive what they use the epoxy resin in, isn't that what is in our breast implants, of course this toxic resin is in all breast implants. Dow's claim to fame, while their victims sit here waiting for a settlement, Dow's out buying up other companies. Leader in science, and technology my fanny, this company is a killer of human lives...and continues to lie!! Link included, where you can get sick, as you read their sneaky pre planned buy outs. 

Sure the Dow's are broke, nope their using Your settlement money, to take over other companies. Dow's never going to change their strategy, or the toxins they manufacture, they're getting larger by the day! Now they can use other countries, UN informed people, to make their toxic chemicals faster @ this country probably doesn't require... an agency to check on them. Oops again.. like our own FDA, really made them, do the proper studies...and produce them to the FDA. 

What a buddy system, w0w, Dow can write their own laws.. in the USA! Read all about, how broke the Dow's aren't, and never were bankrupt! What a free ride, the Dow's have been allowed to pull off, Screech! We're watching every single move you make, an I mean even if you move one inch, I'm right there on your b*tt.. microscope extended up! 

One of our sisters, needs the current MDL expenditures, please email them to me...fast! Thank you * love Oink from me to you, he's so cute http://www.funtown.com/page2.cfm?l=1518 the Dow's are hogs, and stink to me.. phewww! 

gigi/Karen 

Dow Acquires Controlling InterestIn Korea's Pacific Epoxy Co.Ltd. 

SEOUL, Korea, Jan. 7 /PRNewswire/ -- The Dow Chemical Company (NYSE: DOW) announced today that it has acquired 80 percent of Pacific Epoxy Co., Ltd., a manufacturer of converted epoxy resins in the Republic of Korea, from Saehan Industries Inc. In this joint venture, Saehan Industries retains 20 percent of the company. The transaction has received a positive response from the Korean Fair Trade Commission. Terms of the agreement were not disclosed. 

Pacific Epoxy Co., Ltd. currently produces approximately 12,000 MT (26 MM lbs.) of converted epoxy resins (CER) per year at its existing epoxy resin production facility in Kumi, South Korea. "This investment demonstrates Dow's commitment to the epoxy industry in this region and throughout the world," says Phil Cook, business vice president, Dow Epoxy Products and Intermediates. "Pacific Epoxy has substantial experience and success working with local customers of epoxy resins. Through this acquisition, Dow is establishing a strategic position in a strong and fast-growing industry." 

Pacific Epoxy Co., Ltd. manufactures and supplies several categories of converted epoxy resins including brominated, solid, and solid-solution epoxy resins sold into a variety of applications such as protective coatings, electronics and specialties. 

The Republic of Korea has one of the largest consumption rates for epoxy resins in the world, with more than 60,000 MT (130 MM lbs.) sold in 2000. Cook anticipates in-country demand for these products will grow to more than 100,000 MT (220 MM lbs.) by 2010. The majority of the epoxy resins manufactured at the Kumi facility are used to supply customers in the Republic of Korea. A smaller percentage of the facility's production is used to supply customers in neighboring Asia Pacific countries. 

For more than 40 years, Dow's Epoxy Products and Intermediates business has been a leading global supplier of epoxy resins worldwide. For more information about epoxy products from Dow, please visit www.dowepoxy.com . 

Dow is a leading science and technology company that provides innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $19 billion, Dow serves customers in 162 countries and a wide range of markets that are vital to human progress, including food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 41,000 employees seek to balance economic, environmental and social responsibilities. For further information about Dow, visit www.dow.com . 

SOURCE The Dow Chemical Company 

CO: Dow Chemical Company; Pacific Epoxy Co., Ltd.; Saehan Industries Inc. 

ST: Michigan, South Korea 

IN: CHM 

SU: TNM JVN 

01/07/2001 20:00 EST http://www.prnewswire.com

 


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