Dow Kokam LLC Names CEO

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Thu Nov 12, 2009 12:00pm EST

MIDLAND, Mich., Nov. 12 /PRNewswire-FirstCall/ -- Dow Kokam LLC, the newly
formed joint venture between The Dow Chemical Company (NYSE: DOW) and TK
Advanced Battery LLC, announced today the appointment of Ravi Shanker,
President and CEO. Shanker previously served as Corporate Director of Ventures
& Business Development for The Dow Chemical Company. 

The new company will produce affordable batteries with advanced superior
lithium polymer (SLPB) technology for the hybrid and electric vehicle markets.


"We have a fundamental opportunity before us in electric transportation to
change the heart of the vehicle -- the motor," said Shanker. "Dow Kokam's
unique combination of scalable technology, manufacturing expertise and
automotive industry relationships creates the cost/performance advantage that
fleet and passenger vehicle manufacturers need to help make electric vehicles
commercially viable on a broad scale."

Dow Kokam is headquartered in Midland, Michigan, where it is scheduled to
begin construction of a new 800,000 square-foot production facility in the
coming months. 


About Dow Kokam LLC
Dow Kokam, LLC was established in 2009 to develop and manufacture advanced
energy storage technologies for the transportation and other industries.
Drawing on the strengths of its parent companies, Dow Kokam offers a unique
mix of patented technology, market knowledge, materials science capabilities
and manufacturing expertise.   

Corporate Communications - www.dowkokam.com


SOURCE  The Dow Chemical Company

David Winder, The Dow Chemical Company, +1-989-636-0626
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