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Dow Acquires Zhejiang Omex Environmental Engineering

Jun 29 2006

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The Dow Chemical Company and Zhejiang Omex Environmental Engineering Co. Ltd. (OEE) have announced that Dow has agreed to acquire OEE. This acquisition establishes Dow as a leader in advanced component offerings for water purification.

OEE will bring new critical components that, together with Dow's existing technology offerings, will create the framework for a new Dow Water Solutions business. Terms of the agreement have not been disclosed.

The acquisition of OEE will allow Dow to expand into three critical, enabling component technologies for water treatment: Ultrafiltration (UF), Membrane Bio-Reactor (MBR) membranes, and Electrodeionization (EDI). With these technologies, Dow can now provide an enhanced component offering for its global customer base.

http://www.dow.com

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