Effective December 1 or as contracts allow, The Dow Chemical Co., Midland, Mich., will increase
list and off-list prices of certain oxygenated solvents products sold in North America.

Acids will increase by 4 to 5 cents per pound; alcohols by 4 to 6 cents per pound; acetone
derivatives by 4 cents per pound; esters by 3 to 4 cents per pound; E-series glycol ethers by 3 to
4 cents per pound; and P-series glycol ethers by 3 cents per pound.

Also effective December 1, the company will increase North American list and off-list prices
of certain TERGITOL™, TRITON™ and DOWFAX™ surfactants by 2 to 5 cents per pound; and certain
CARBOWAX™ and CARBOWAX SENTRY™ polyethylene glycols, methoxypolyethylene glycols and other
polyglycol products by 2 to 5 cents per pound.

November 13, 2007

Israel-based apparel manufacturer Delta Galil Ltd. has selected Needham, Mass.-based Parametric
Technology Corp.’s (PTC®’s) FlexPLM™ (product lifecycle management) Web-based solution for retail,
footwear and apparel for implementation across its manufacturing enterprise. Delta Galil — which
employs 10,500 associates at locations in North and Central America, Europe, Africa and Asia — will
implement the solution in order to cut lead time and optimize product development efficiency across
all locations.

FlexPLM offers a central product repository through which product information may be shared
and controlled, calendar management and event tracking, streamlined process management and approval
routings, and view and mark-up capabilities via computer-aided design tools, among other features.

“Since Delta became a more global-focused company, there was a growing need in managing the
complete product lifecycle from concept through to the consumer,” said Avi Pinhas, CIO, Delta
Galil. “We needed to reduce the development time and automate processes to cut the lead time. In
parallel, we wanted to improve and better control the extended supply chain, thus making it more
transparent.”

Pinhas added that the company expects FlexPLM to improve collaboration with customers; help
to increase product margins; and improve data accuracy, product quality and operational efficiency.
PTC’s Global Service Organization will assist Delta Galil in implementing the solution and
customize it to meet specific customer needs.

November 13, 2007

Germany-based chemical manufacturer BASF AG and Cambridge, Mass.-based Harvard University’s Office
of Technology Development have agreed to jointly establish the BASF Advanced Research Initiative
with the aim of defining and undertaking projects that may lead to commercial development by BASF.
Application areas include applied physics, physics, applied mathematics, chemical biology, systems
biology, bioengineering and materials science

The initiative, based at Harvard’s School of Engineering and Applied Sciences, will benefit
from relationships with a number of schools and departments within the university. BASF will fund
Harvard researchers directly, initially supporting 10 postdoctoral students. The company expects to
provide up to $20 million over the next five years.

Dr. Jens Rieger, scientific director, Polymer Research, BASF; Dr. David Weitz, Mallinckrodt
Professor of Physics and Applied Physics; and Dr. George Whitesides, Woodford L. and Ann A. Flowers
University Professor; will lead the initiative and work to create a research network within the
university. Harvard faculty researchers will be able to distribute and publish any research
findings resulting from the initiative.

Initial research topics include finding new chemical approaches to materials and processes
such as carbon dioxide chemistry; understanding the formation of biofilms and developing strategies
to inhibit or limit their growth by surface or material modification; and targeting new and
improved concepts to deliver active ingredient molecules to a particular place where they develop
activity in a controlled procedure.

“We are delighted to be working together with one of the world’s most respected universities
for science and engineering,” said Dr. Stefan Marcinowski, executive research director and member
of BASF’s Board of Executive Directors. “We expect this initiative to generate new and
unconventional innovations, which can lead to future products that are relevant to the needs of
society.”



November 13, 2007

Effective Jan. 1, 2008, Dow Reichhold Specialty Latex LLC will increase the price of nitrile latex,
used in the production of gloves, by 3 to 5 percent worldwide.

The company attributes the increase to the continued rising costs of energy, logistics and
raw materials.

Germany-based Karl Mayer Textilmaschinenfabrik GmbH has acquired the Sucker-Müller weaving
preparation product line from Germany-based Moenus Textilmaschinen GmbH. The acquisition, which
includes trademark and patent rights, will allow Karl Mayer to expand its Warp Preparation division
by offering a new product line under the Sucker brand.

Sucker will continue its manufacturing operation on a medium-term basis in Mönchengladbach,
Germany, as Sucker Textilmaschinen GmbH, retaining its global service and spare parts business and
25 employees at that location. Karl Mayer ultimately plans to integrate the business, which had
been its largest competitor, into the Karl Mayer Group.

November 6, 2007

Effective December 1, Charlotte-based DAK Americas LLC will increase the price of its polyester
staple fiber products by 3 cents per pound. In addition, Wellman Inc., Fort Mill, S.C., will
increase the price of its Fortrel® polyester staple fiber products on December 1 by 3 cents per
pound.

Both companies attribute the price increases to continued high costs of such raw materials as
ethylene glycol.

November 6, 2007

The Board of Directors of Fort Mill, S.C.-based fiber, plastic packaging and engineering resin
producer Wellman Inc. has engaged New York City-based investment bank Lazard Frères & Co. LLC
to help the company explore strategic alternatives prior to refinancing of its debt in 2008.

According to Wellman’s Chairman and CEO, Tom Duff, the company continues to streamline its
operations, with the expectation of lowering its costs in 2008 by $20 million to $25 million
compared with costs in the previous year.

For the third quarter (Q3) 2007, which ended September 30, Wellman lost $26.3 million, or 81
cents per share, from continuing operations; compared with a Q3 2006 loss of $37.9 million, or
$1.19 per share. For the first nine months of 2007, the company reported a loss of $66.1 million,
or $2.05 per share; compared with a year-earlier loss of $68.7 million, or $2.15 per share.

“Our financial results in the third quarter were negatively impacted by increased competitive
pressures as new PET [polyethylene terephthalate] resin capacities were fully introduced into the
NAFTA [North America Free Trade Agreement] market,” Duff said.

The company’s sale of its European recycled-based fiber business earlier this year
contributed to enabling it to reduce its outstanding debt by $21.2 million, according to CFO Keith
Phillips.

November 6, 2007