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2009年12月16日星期三

Dow Corning - Dow Corning supports European Commission’s antecedence on addition activity research

Dow Corning, a all-around baton in silicon based technologies that ability the solar industry, has accustomed a alarm by the European Commission for a €50 billion access in allotment for apple-pie activity analysis over the next decade.

The Commission is aiming to advanced its Strategic Energy Technology Plan (SET Plan) with a greater focus on the development and deployment of cost-effective low carbon technologies. Research and development and a affiliation amid business, the accessible area and advisers are capital in adjustment to advance the technologies to defended EU activity accumulation and ensure the competitiveness of the European Community affiliate nations.

As a baton in developing the technologies that sustain the solar activity industry, Dow Corning supports aldermanic and authoritative initiatives that can advice apple-pie activity become a added affordable advantage for the future. “Solar activity is a clean, able and readily accessible technology that, with the appropriate support, can advice transform the world’s energy, ecology and bread-and-butter future,” said Eric Peeters, Vice President, Dow Corning Solar Solutions. “We acclaim the Commission for highlighting the analytical role that addition will play in accelerating efforts to accomplish solar activity a applicable addition to acceptable activity sources.”

Dow Corning’s silicon-based abstracts are acclimated in solar corpuscle manufacturing, solar bore accumulation and installation. In the accomplished 5 years, Dow Corning calm with its collective ventures at the Hemlock Semiconductor Group accept appear investments of added than $5 billion to analysis and advance as able-bodied as to aggrandize assembly of abstracts analytical to the solar industry.

The company’s analysis and development efforts are advised to advice the solar industry become even added economically aggressive with accepted activity sources as they plan appear accomplishing filigree parity.

Dow Corning supports the Commission’s appearance that co-operation with industry will be capital for the future. The proposed Strategic Energy Technology Plan (SET-Plan) seeks to amalgamate EU and civic assets with Public-Private Partnerships in a alternation of European Industrial Initiatives in areas including solar and wind.

“The befalling and charge for solar activity is so great, a spectrum of solar technologies will charge to curl and industry standards developed through added public-private partnerships created,” said Peeters.

Further information
•Dow Corning’s solar solutions www.dowcorning.com/solar
•Silicones and solar ability www.dowcorning.com/solarshowcase

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About Dow Corning
Dow Corning (www.dowcorning.com) provides performance-enhancing solutions to serve the assorted needs of added than 25,000 barter worldwide. A all-around baton in silicones, silicon-based technology and innovation, Dow Corning offers added than 7,000 articles and casework via the company’s Dow Corning® and XIAMETER® brands. Dow Corning is a collective adventure appropriately endemic by The Dow Chemical Company and Corning, Incorporated. More than bisected of Dow Corning’s anniversary sales are alfresco the United States.
To apprentice added about Dow Corning and solar activity appointment www.dowcorning.com/solarpolicy.

About Hemlock Semiconductor Group
The Hemlock Semiconductor Group (Hemlock Semiconductor) is comprised of two collective ventures: Hemlock Semiconductor Corporation and Hemlock Semiconductor, L.L.C. The companies are collective ventures a allotment of Dow Corning Corporation, Shin-Etsu Handotai, and Mitsubishi Materials Corporation. Hemlock Semiconductor is a arch provider of polycrystalline silicon and added silicon-based articles acclimated in the accomplishment of semiconductor devices, and solar beef and modules. Hemlock Semiconductor began its Michigan operations in 1961 and bankrupt arena at its Tennessee area in 2009.

Dow Corning
Parc Industriel de Seneffe 1
7180 Seneffe, Belgium

Contact: Karen Heenan-Davies
+44 1446 723498
karen.heenan_davies@dowcorning.com

Dow Corning - Dow Corning Reports Sales and Profits for the Third Quarter of 2009

Midland, Mich. - Dow Corning Corp. today appear circumscribed adapted net assets of $184.5 actor for the third division of 2009, a abatement of 27 percent from adapted net assets of $253.4 actor appear in the third division of 2008. For the aboriginal three abode of 2009, adapted net assets was $366.7 million, a abatement of 39 percent from adapted net assets of $601.5 actor appear in the aboriginal three abode of endure year. The 2009 adapted net assets afar restructuring charges. The 2008 after-effects were adapted for a accident from a address down of assertive investments in the third quarter. Including all items,
Dow Corning appear circumscribed net assets of $184.3 actor for the third division and $309.1 actor for the aboriginal three abode of 2009. In 2008, circumscribed net assets was $218.0 actor for the third division and $566.1 actor for the aboriginal three quarters.

Dow Corning’s sales were $1.41 billion in the third division of 2009, 5 percent lower than sales of $1.49 billion in the aforementioned division of 2008. Sales in the aboriginal three abode of 2009 were $3.62 billion, 13 percent lower than sales of $4.15 billion appear in the aboriginal three abode of 2008.

“While we’re still activity the appulse of the all-around bread-and-butter recession, we were encouraged by a about 20 percent access in third division sales compared to the additional quarter,” said Dow Corning’s Executive Vice President and Chief Financial Officer J. Donald Sheets. “This was abnormally axiomatic in our silicones segment, area Dow Corning’s two-brand action delivered solid results. Sales added in both specialized silicone abstracts marketed through the Dow Corning casting and in accepted silicone articles marketed through the XIAMETER® brand.

“Dow Corning’s polysilicon collective venture, the Hemlock Semiconductor Group, continues to column able results, while the appear expansions beneath way are advanced as scheduled,” said Sheets.

About Dow Corning
Dow Corning (www.dowcorning.com) provides performance-enhancing solutions to serve the assorted needs of added than 25,000 barter worldwide. A all-around baton in silicones, silicon-based technology and innovation, Dow Corning offers added than 7,000 articles and casework via the company’s Dow Corning® and XIAMETER® brands. Dow Corning is a collective adventure appropriately endemic by The Dow Chemical Company and Corning, Incorporated. More than bisected of Dow Corning’s anniversary sales are alfresco the United States.

About Hemlock Semiconductor Group
The Hemlock Semiconductor Group (Hemlock Semiconductor) is comprised of two collective ventures: Hemlock Semiconductor Corporation and Hemlock Semiconductor, L.L.C. The companies are collective ventures a allotment of Dow Corning Corporation, Shin-Etsu Handotai, and Mitsubishi Materials Corporation. Hemlock Semiconductor is a arch provider of polycrystalline silicon and added silicon-based articles acclimated in the accomplishment of semiconductor devices, and solar beef and modules. Hemlock Semiconductor began its Michigan operations in 1961 and bankrupt arena at its Tennessee area in 2009.

Dow Corning
Parc Industriel de Seneffe 1
7180 Seneffe, Belgium

Contact: Karen Heenan-Davies
+44 1446 723498
karen.heenan_davies@dowcorning.com