Tuesday, October 30, 2007

The DOW Chemical Company Supports Habitat for Humanity Project in Los Angeles

MIDLAND, Mich. — The Dow Chemical Company (Dow) is lending support to Habitat for Humanity's 24th annual Jimmy Carter Work Project (JCWP), Oct. 28 - Nov. 2, in Los Angeles. During the weeklong project, thousands of volunteers from around the world will join former U.S. President Jimmy Carter and his wife, Rosalynn, in building 30 new homes and rehabilitating 70 homes this week and through the end of the year.

As a result of Dow's unique donation, which includes financial and employee volunteer support as well as product contributions like Styrofoam and Weathermate housewraps, new homeowners will benefit from significantly reduced energy consumption and increased savings. Using Dow product contributions, a new multi-family unit will reduce natural gas consumption for heating by 23 percent, and provide 30 percent overall reductions in electricity consumption.

"Dow is helping to make a difference in the lives of families in need by supporting Habitat for Humanity and the Jimmy Carter Work Project," said Scott Young, global portfolio director of energy efficiency for Dow. "Together, we are building strong communities where people have a sustainable and affordable place to call home. With the substantial savings from reduced energy use, these new L.A. homeowners will enjoy a more comfortable living space and enjoy lower utility bills - month after month, year after year - long after the last nail is hammered."

The Habitat for Humanity homes will be built in partnership with 30 low-income families in South Los Angeles and in the San Pedro area near the port. Families partnering with Habitat for Humanity complete 500 hours of 'sweat equity' in building both their home and the homes of the other partner families. Families also pay a no-profit mortgage for their homes, which is then used to build even more simple, decent and affordable housing in the Los Angeles area. In addition, 70 homes in these two neighborhoods, already owned by low-income families, will be repaired through Habitat for Humanity’s "A Brush With Kindness" program.

Dow is a diversified chemical company that harnesses the power of innovation, science and technology to constantly improve what is essential to human progress. The company offers a broad range of products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $49 billion and employs 43,000 people worldwide.

Habitat for Humanity of Greater Los Angeles strives to eliminate poverty housing through advocacy, education and partnership with families in need to build simple, decent affordable housing. Since 1990, Habitat for Humanity of Greater Los Angeles has built more than 200 homes, transforming the lives of hundreds of individuals. In the spring of 2007, Habitat for Humanity of Greater Los Angeles kicked off its three-year "Building a Greater Los Angeles" campaign to build or rehabilitate 250 homes in Los Angeles County.

Dow has maintained a relationship with Habitat for Humanity for 27 years. The company lends is expertise in science and technology to help solve pressing challenges such as affordable housing, energy efficiency and sustainable development.

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