Subsidiaries of Dow Inc.	EXHIBIT 21
						At December 31, 2019
							Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
Dow Inc.							Delaware
	The Dow Chemical Company						Delaware
		AM Robin LLC					Delaware
			Warbler I LLC				Delaware
		American Mortell Corporation					Texas
			Mortell Company				Delaware
		Arabian Chemical Company (Latex) Ltd. (1)					Saudi Arabia
		Arabian Chemical Company (Polystyrene) Limited (1)					Saudi Arabia
		Battleground Water Company					Texas
		Chemars III LLC					Delaware
		Chemtech II L.P.					Delaware
		DCOMCO, Inc.					Delaware
		Dow Chemical (China) Investment Company Limited					China
			Dow Chemical (Guangzhou) Company Limited				China
			Dow Chemical (Shanghai) Company Limited				China
			Dow Chemical (Sichuan) Co., Ltd.				China
			Dow Chemical (Zhangjiagang) Company Limited				China
			Zhejiang Pacific Chemical Corporation				China
		Dow Chemical (Singapore) Private Limited					Singapore
		Dow Chemical China Holdings Pte. Ltd.					Singapore
		Dow Chemical Costa Rica S.A.					Costa Rica
		Dow Chemical Delaware Corp.					Delaware
			Chemtech II L.P.				Delaware
				Chemtech Portfolio Inc.			Texas
				Chemtech Portfolio II Inc.			Michigan
		Dow Chemical International Ltd.					Delaware
			Dow Chemical Costa Rica S.A.				Costa Rica
			Dow Chemical Thailand Ltd.				Thailand
				MTP HPPO Manufacturing Company Limited			Thailand
			Dow International Holdings Company				Delaware
			Petroquimica-Dow S.A. (Petrodow)				Chile
			Univation Technologies, LLC				Delaware
				Univation Technologies (Hong Kong) Limited			Hong Kong
					Univation (Zhangjiagang) Chemical Company Limited		China
				Univation Technologies International, LLC			Delaware
		Dow Chemical Kuwait B.V.					Netherlands
		Dow Chemical Singapore Holdings Pte. Ltd.					Singapore
		Dow Chemical Telecommunications Corp.					Delaware
		Dow Silicones Corporation					Michigan
			AM Robin LLC				Delaware
			DC Alabama, Inc.				Delaware
			DCC Litigation Facility, Inc.				Delaware
			Devonshire Underwriters Ltd.				District of Columbia
			Dow (Shanghai) Management Co., Ltd.				China
			Dow (Zhangjiagang) Holding Co., Ltd.				China
			Dow Chemical International Private Limited				India
			Dow Corning (Thailand) Limited				Thailand
			Dow Corning China Limited				Hong Kong
			Dow Luxembourg Spectrum Holding S.a.r.l.				Luxembourg

262

						Subsidiaries of Dow Inc.				EXHIBIT 21
						At December 31, 2019
										Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
		Dow Netherlands Tulip Holding B.V.								Netherlands
		Dow Silicones (Zhangjiagang) Co., Ltd.								China
		Dow Silicones Deutschland GmbH								Germany
		Valley Asset Leasing, LLC								Delaware
	Dow Deutschland Inc.									Delaware
		Dow Chemical Inter-American Limited								Delaware
			Dow Quimica de Colombia S.A.							Colombia
	Dow Engineering Company									Delaware
		Dow Engineering, Inc.								Michigan
	Dow Financial Services Inc.									Delaware
	Dow Global Financial Management, Inc.									Delaware
	Dow Global Technologies LLC									Delaware
		Chemtech Portfolio Inc.								Texas
		Dow Technology Investments LLC								Delaware
	Dow Hydrocarbons and Resources LLC									Delaware
		Cayuse Pipeline, Inc.								Texas
		Dow Intrastate Gas Company								Louisiana
		Dow Pipeline Company								Texas
		Fort Saskatchewan Ethylene Storage Corporation (1)								Canada
			Fort Saskatchewan Ethylene Storage Limited Partnership							Canada
		K/D/S Promix, LLC (1)								Texas
	Dow Internacional Mexicana S.A. de C.V.									Mexico
	Dow International Holdings Company									Delaware
		Dow Luxembourg Spectrum Holding S.a.r.l.								Luxembourg
			Dow Luxembourg Galaxy Holding S.a.r.l.							Luxembourg
				Dow Switzerland Holding GmbH						Switzerland
					Dow (Shanghai) Holding Co., Ltd.					China
					Dow Corning Silicones Malaysia Sdn. Bhd.					Malaysia
					Dow Corning Singapore Pte. Ltd.					Singapore
						Dow Corning (Thailand) Limited				Thailand
					Dow International Holdings S.A.					Switzerland
						Dow Europe Holding B.V.				Netherlands
							BASF DOW HPPO B.V. (1)			Netherlands
							BASF DOW HPPO Technology B.V. (1)			Netherlands
							DoNedPa B.V.			Netherlands
							Dow Austria Gesellschaft m.b.H.			Austria
							Dow Belgium B.V.B.A.			Belgium
							Dow Benelux B.V.			Netherlands
								Polyol Belgium B.V.B.A.		Belgium
								Terneuzen Partnership Services B.V.		Netherlands
									Valuepark Terneuzen C.V. (1)	Netherlands
								Valuepark Terneuzen Beheer B.V. (1)		Netherlands
									Valuepark Terneuzen C.V. (1)	Netherlands
							Dow Chemical Company Limited			United Kingdom
								Dow Chemical Services UK Limited		United Kingdom
								Dow Limited		United Kingdom
								Dow Services Trustees UK Limited		United Kingdom
								Dow Trent Limited		United Kingdom
									Dow Thames Limited	United Kingdom

263

	Subsidiaries of Dow Inc.				EXHIBIT 21
	At December 31, 2019
					Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
			Hyperlast Limited		United Kingdom
			Dow UK Limited		United Kingdom
		Dow Chemical East Africa Limited			Kenya
		Dow Chemical Iberica S.L.			Spain
			Terminal de Atraque de Productos Petroquimicos, A.I.E. (1)		Spain
			Transformadora de Etileno A.I.E. (1)		Spain
		Dow Chemical Korea Limited			Korea
		Dow Chemical OOO			Russia
		Dow Chemical Romania S.R.L.			Romania
		Dow Chemical West Africa Limited			Ghana
		Dow Corning Australia Pty. Ltd.			Australia
			Dow Corning (Thailand) Limited		Thailand
		Dow Corning de Argentina S.R.L.			Argentina
		Dow Danmark A/S			Denmark
		Dow Europe GmbH			Switzerland
			Dow Chemical IMEA GmbH		Switzerland
			Dow Egypt Services Limited		Egypt
			Dow International Finance S.a.r.l.		Luxembourg
			Dow Mideast Systems S.A.E. (JSC)		Egypt
		Dow Hellas A.E.			Greece
		Dow Hungary Kft.			Hungary
		Dow Industrial Chemical Products Nigeria Limited			Nigeria
		Dow InterBranch B.V.			Netherlands
			Dow Benelux Integrated Center B.V.		Netherlands
			Dow Chemical East Africa Limited		Kenya
			Dow Industrial Chemical Products Nigeria Limited		Nigeria
			Dow Material Sciences Ltd.		Israel
			Dow Materials Science Saudi Arabia Limited		Saudi Arabia
			Dow Mideast Systems S.A.E. (JSC)		Egypt
			Dow Morocco SARL		Morocco
			Dow Norge A/S		Norway
			Dow Quimica de Colombia S.A.		Colombia
			Dow Silicones Belgium SPRL		Belgium
			PT Rohm and Haas Indonesia		Indonesia
			Rohm and Haas International SNC		France
			Rohm and Haas Latinoamerica, S. de R.L. de C.V.		Mexico
			Rohm and Haas Mexico, S. de R.L. de C.V.		Mexico
			Santa Vitoria Acucar e Alcool Ltda.		Brazil
		Dow Italia s.r.l.			Italy
			Dow Italia Divisione Commerciale s.r.l.		Italy
			Rohm and Haas Italia S.r.l.		Italy
		Dow Material Sciences Ltd.			Israel
		Dow Mideast Systems S.A.E. (JSC)			Egypt
			Dow Egypt Services Limited		Egypt
		Dow Morocco SARL			Morocco
		Dow Olefinverbund GmbH			Germany
			Dow Deutschland Anlagengesellschaft mbH		Germany
			Dow Deutschland Verwaltungs Vertriebs GmbH		Germany
				Dow Produktions und Vertriebs GmbH & Co. OHG	Germany

264

		Subsidiaries of Dow Inc.				EXHIBIT 21
		At December 31, 2019
						Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
					Dow Stade Produktions GmbH & Co. OHG	Germany
				Dow MF Verwaltungs GmbH		Germany
					Dow Produktions und Vertriebs GmbH & Co. OHG	Germany
					Dow Stade Produktions GmbH & Co. OHG	Germany
				Dow Pipeline Gesellschaft mbH & Co. KG		Germany
				Dow Pipeline Verwaltungsgesellschaft mbH		Germany
				Dow Silicones Deutschland GmbH		Germany
				ROH Venture GmbH		Germany
			Dow Performance Materials (Australia) Pty Ltd			Australia
			Dow Polska Sp.z.o.o.			Poland
			Dow Portugal - Produtos Quimicos, Sociedade Unipessoal, Lda.			Portugal
			Dow Saudi Arabia Holding B.V.			Netherlands
			Dow Saudi Arabia Investment B.V.			Netherlands
				Dow Materials Science Saudi Arabia Limited		Saudi Arabia
			Dow Saudi Arabia Product Marketing B.V.			Netherlands
			Dow Silicones Belgium SPRL			Belgium
			Dow Silicones UK Limited			United Kingdom
			Dow Southern Africa (Pty) Ltd			South Africa
			Dow Starfish Holding B.V.			Netherlands
			Dow Suomi OY			Finland
			Dow Sverige AB			Sweden
			Dow Turkiye Kimya Sanayi ve Ticaret Limited Sirketi			Turkey
				Rohm and Haas Kimya Sanayi Limited Sirketi		Turkey
			DowAksa Advanced Composites Holdings B.V. (1)			Netherlands
			EQUATE Marketing Company E.C. (1)			Bahrain
			Finndisp Ltd.			Russia
			HPPO Holding & Finance C.V. (1)			Netherlands
			MTP HPJV C.V.			Netherlands
			MTP HPJV Management B.V.			Netherlands
			Palmyra do Brasil Indústria e Comércio de Silício Metálico e Recursos Naturais Ltda.			Brazil
			Polyol Belgium B.V.B.A.			Belgium
			Rohm and Haas (UK) Limited			United Kingdom
			Rohm and Haas Denmark Holding Company ApS			Denmark
				Rohm and Haas Espana Production Holding, S.L.		Spain
					Rohm and Haas Espana, S.L.	Spain
				Rohm and Haas Europe Services ApS		Denmark
				Rohm and Haas Europe Trading ApS		Denmark
				Rohm and Haas Kimyasal Urunler Uretim Dagitim ve Ticaret A.S.		Turkey
			Rohm and Haas Electronic Materials Europe Ltd.			United Kingdom
			Rohm and Haas International SNC			France
				Dow France S.A.S.		France
			Rohm and Haas Nederland B.V.			Netherlands
			RUS Polyurethanes Holding B.V.			Netherlands
				Dow Izolan OOO		Russia
				Dow Izolan Ukraine LLC		Ukraine
	Dow Silicones (Shanghai) Co., Ltd.					China
	Dow Silicones Holding Japan G.K.					Japan
		Dow Toray Co., Ltd.				Japan
			Site Services Japan, Co., Ltd.			Japan

265

						Subsidiaries of Dow Inc.		EXHIBIT 21
						At December 31, 2019
								Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
					Dow Silicones Netherlands Holding B.V.			Netherlands
						Dow Chemical Silicones Korea Ltd.		Korea
					Dow Siloxane (Zhangjiagang) Holding Co. Private Ltd.			Singapore
						Dow Siloxanes (Zhangjiagang) Co., Ltd.		China
		DowBrands Inc.						Delaware
		Rohm and Haas Company						Delaware
			Charles Lennig & Company LLC					Delaware
				Rohm and Haas Chile Limitada				Chile
			Dow Japan Holdings K.K.					Japan
				Dow Chemical Japan Limited				Japan
					Japan Acrylic Chemical Co., Ltd.			Japan
			ROH Holdings 1, LLC					Delaware
				Rohm and Haas Equity Corporation				Delaware
					Dow Luxembourg Spectrum Holding S.a.r.l.			Luxembourg
					ROH Holdings 2, LLC			Delaware
						Rohm and Haas Chemicals LLC		Delaware
							Morton International, LLC	Indiana
					Rohm and Haas (Far East) Limited			Hong Kong
					Rohm and Haas Chemical (Thailand) Limited			Thailand
					Rohm and Haas China, Inc.			Delaware
						Beijing Eastern Rohm and Haas Company Limited		China
						Rohm and Haas International Trading (Shanghai) Co. Ltd.		China
						Shanghai Eastern Rohm and Haas Co., Ltd.		China
					Rohm and Haas Denmark Finance A/S			Denmark
						Dow Chemical International Private Limited		India
						PT Rohm and Haas Indonesia		Indonesia
						RH DK Mexico Holding ApS		Denmark
						RH DK Vietnam Holdings ApS		Denmark
							Rohm and Haas Vietnam Co., Ltd.	Vietnam
						Rohm and Haas (China) Holding Co., Ltd.		China
						Rohm and Haas (Foshan) Specialty Materials Co., Ltd.		China
						Rohm and Haas Chemicals Singapore Pte. Ltd.		Singapore
						Rohm and Haas Denmark China Investment ApS		Denmark
						Rohm and Haas Latinoamerica, S. de R.L. de C.V.		Mexico
						Rohm and Haas Singapore (Pte.) Ltd.		Singapore
					Rohm and Haas Korea Co., Ltd.			Korea
					Rohm and Haas Malaysia Sdn Bhd			Malaysia
					Rohm and Haas Texas Incorporated			Texas
						Battleground Water Company		Texas
			Rohm and Haas Chile Limitada					Chile
			Rohm and Haas Equity Corporation					Delaware
			Rohm and Haas New Zealand Limited					New Zealand
			Dow Chemical Philippines, Inc.					Philippines
			Rohm and Haas Quimica Ltda.					Brazil
	Dow International Technology Corporation							Delaware
	Dow Olefinverbund GmbH							Germany
	Dow Peru S.A.							Peru
	Dow Quimica Chilena S.A.							Chile
	Dow Quimica de Colombia S.A.							Colombia

266

						Subsidiaries of Dow Inc.	EXHIBIT 21
						At December 31, 2019
							Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
		Rohm and Haas Colombia Ltda					Colombia
	Dow Quimica Mexicana S.A. de C.V.						Mexico
	Dow Roofing Systems LLC						Delaware
	Dow South Africa Holdings (Pty) Ltd.						South Africa
		Sentrachem Limited					South Africa
			Cisvaal (Proprietary) Limited				South Africa
	Dow Verwaltungsgesellschaft mbH						Germany
	DowBrands Inc.						Delaware
	DuPont Asia Pacific Limited						Delaware
		DuPont (Taiwan) Electronic Materials Limited					Taiwan
		DuPont Performance Materials (Shanghai) Co., Ltd.					China
		Materials Science (India) Private Limited					India
		Performance Material Products Korea Ltd.					Korea
		Performance Materials (Australia) Pty Ltd					Australia
		Performance Materials (Thailand) Limited					Thailand
		Performance Materials Japan Kabushiki Kaisha					Delaware
			Dow-Mitsui Polychemicals Company, Ltd (1)				Japan
			PM International Holding 3 B.V.				Netherlands
				Performance Materials do Brasil Comercio de Plasticos e Polimeros Ltda.			Brazil
				SP International Holding 5 B.V.			Netherlands
					Performance Materials do Brasil Comercio de Plasticos e Polimeros Ltda.		Brazil
		Performance Specialty Products (Hong Kong) Limited					Hong Kong
		PM EMEA Holding 2 B.V.					Netherlands
			PM EMEA Holding 3 B.V.				Netherlands
		PM EMEA Holding 3 B.V.					Netherlands
			Performance Materials Rus LLC				Russia
		PM International 1 B.V.					Netherlands
			Performance Materials Products (Singapore) Pte. Ltd.				Singapore
			Performance Materials (Thailand) Limited				Thailand
		PM Japan, Inc.					Delaware
		PM LATAM, Inc.					Delaware
			Performance Materials Argentina SAU				Argentina
			Performance Materials Colombia S.A.S.				Colombia
	Essex Chemical Corporation						New Jersey
	Flexible Products Company						Georgia
	Forbanco Inc.						Delaware
	General Latex and Chemical Corporation						Massachusetts
	GNS Enterprises, LLC						Georgia
	GWN Holding, LLC						Delaware
		Dow Netherlands Pacific Holding B.V.					Netherlands
			Dow Netherlands Tulip Holding B.V.				Netherlands
				Dow Brasil Industria e Comercio de Produtos Quimicos Ltda.			Brazil
				Dow Chemical Pacific (Singapore) Private Limited			Singapore
					Dow Chemical (Malaysia) Sdn. Bhd.		Malaysia
					Dow Chemical (Myanmar) Limited		Myanmar
					Dow Chemical Bangladesh Private Limited		Bangladesh
					Dow Chemical International Private Limited		India
					Dow Chemical Pacific Limited		Hong Kong
					Dow Chemical Vietnam Limited Liability Company		Vietnam

267

Subsidiaries of Dow Inc.

EXHIBIT 21

At December 31, 2019

Location*

This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.

PT Dow Indonesia

Indonesia

Voltas Water Solutions Private Limited (1)

India

Rohm and Haas Canada Investments Limited

Canada

3229809 Nova Scotia Company

Canada

Dow Investment Argentina S.R.L.

Argentina

Dow Quimica Argentina S.R.L.

Argentina

PBBPolisur S.R.L.

Argentina

Dow Quimica Argentina S.R.L.

Argentina

Rohm and Haas Argentina S.R.L.

Argentina

Rohm and Haas Argentina S.R.L.

Argentina

PBBPolisur S.R.L.

Argentina

Rohm and Haas Canada LP

Canada

3308597 Nova Scotia Company

Canada

Dow Investment Argentina S.R.L.

Argentina

Rohm and Haas Canada LP

Canada

Dow Chemical Canada ULC

Canada

3308597 Nova Scotia Company

Canada

3294027 Nova Scotia Limited

Canada

Dow Netherlands Holding 1 B.V.

Netherlands

Dow Brasil Industria e Comercio de Produtos Quimicos Ltda.

Brazil

Dow Brasil Sudeste Industrial Ltda.

Brazil

Dow Especialidades Quimicas Ltda.

Brazil

Dow Especialidades Quimicas Ltda.

Brazil

Dow Brasil Sudeste Industrial Ltda.

Brazil

Rohm and Haas Quimica Ltda.

Brazil

Dow Corning de Argentina S.R.L.

Argentina

Dow Quimica de Colombia S.A.

Colombia

Fort Saskatchewan Ethylene Storage Limited Partnership

Canada

Palmyra do Brasil Indústria e Comércio de Silício Metálico e Recursos Naturais Ltda.

Brazil

Pétromont and Company, Limited Partnership (1)

Canada

Pétromont Inc. (1)

Canada

SD Group Service Company Limited (1)

Thailand

Siam Polyethylene Company Limited (1)

Thailand

Sentrachem Limited

South Africa

Ifco Inc.

Delaware

Chemtech II L.P.

Delaware

Liana Limited

Delaware

Dorinco Reinsurance Company

Michigan

Dorintal Reinsurance Limited

Vermont

Materials Science Holding, LLC

Delaware

Rohm and Haas International Holdings Inc.

Delaware

Dow Chemical Singapore Holdings Pte. Ltd.

Singapore

Dow Chemical (Australia) Pty Ltd

Australia

Dow Chemical (Myanmar) Limited

Myanmar

Dow Chemical (NZ) Limited

New Zealand

Dow Chemical Bangladesh Private Limited

Bangladesh

Dow Chemical International Private Limited

India

Dow Chemical Korea Limited

Korea

PT Dow Indonesia

Indonesia

268

						Subsidiaries of Dow Inc.	EXHIBIT 21
						At December 31, 2019
							Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
				Terneuzen Investments Holding B.V.			Netherlands
					Dow Chemical Taiwan Limited		Taiwan
					Rohm and Haas Taiwan, Inc.		Taiwan
	NuvoSun, Inc.						California
		NuvoSun (Shanghai) Co. Ltd.					China
	Performance Materials NA, Inc.						Delaware
	Performance Science Materials Company						Canada
	PM EMEA Holding 1 B.V.						Netherlands
		Performance Materials Netherlands B.V.					Netherlands
			DuPont Performance Materials Deutschland GmbH				Germany
			DuPont Performance Materials Proprietary Limited				South Africa
			E&C EMEA Holding 1 B.V.				Netherlands
				DuPont Performance Materials International Sarl			Switzerland
			Material Science de Mexico DDM, S. de R.L. de C.V.				Mexico
			Performance Materials (Thailand) Limited				Thailand
			Performance Materials Belgium BVBA				Belgium
				PM EMEA Cooperatief U.A.			Netherlands
			Performance Materials Bulgaria EOOD				Bulgaria
			Performance Materials Czech Republic s.r.o.				Czech Republic
			Performance Materials Finland Oy				Finland
			Performance Materials France SAS				France
			Performance Materials Iberica, S.L.				Spain
			Performance Materials Italy srl				Italy
			Performance Materials Poland Sp. z o.o.				Poland
			Performance Materials Ukraine LLC				Ukraine
			Performance Specialty Products Pakistan (Pvt.) Limited				Pakistan
			PM EMEA Cooperatief U.A.				Netherlands
				DuPont Performance Materials UK Limited			United Kingdom
				Performance Materials Belgium BVBA			Belgium
		Performance Materials Ukraine LLC					Ukraine
		PM EMEA Holding 4 B.V.					Netherlands
			Performance Materials Turkey Endustri Urunleri Limited Sirketi				Turkey
	PM Mexico, LLC						Delaware
		Material Science de Mexico DDM, S. de R.L. de C.V.					Mexico
			Material Science Servicos de Mexico DDM, S. de R.L. de C.V.				Mexico
		Material Science Servicos de Mexico DDM, S. de R.L. de C.V.					Mexico
	POLY-CARB, Inc.						Ohio
	Rofan Services LLC						Delaware
		H Hotel Holding LLC					Delaware
			MVCC Limited Partnership				Delaware
		MVCC Limited Partnership					Delaware
	Rohm and Haas Colombia Ltda						Colombia
	Rohm and Haas Mexico, S. de R.L. de C.V.						Mexico
	Santa Vitoria Acucar e Alcool Ltda.						Brazil
	Sentrachem US, Inc.						Delaware
		Hampshire Holdings, Inc.					Delaware
			Hampshire Chemical Corp.				Delaware
	Siam Polystyrene Company Limited (1)						Thailand
	Siam Styrene Monomer Company Limited (1)						Thailand

269

				Subsidiaries of Dow Inc.	EXHIBIT 21
				At December 31, 2019
					Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
	Siam Synthetic Latex Company Limited (1)				Thailand
	Terra Two Taiwan Limited				Taiwan
	Tianjin Panda Terminal Holdings Pte. Ltd.				Singapore
		Tianjin Panda Terminal (Hong Kong) Limited			Hong Kong
	Union Carbide Corporation				New York
		Amerchol Corporation			Delaware
		Calidria Corporation			Delaware
		Carbide Chemical (Thailand) Limited			Thailand
		Dow Internacional Mexicana S.A. de C.V.			Mexico
		Dow International Holdings Company			Delaware
		Dow Quimica Mexicana S.A. de C.V.			Mexico
		Global Industrial Corporation			New York
		Peñuelas Technology Park LLC			Delaware
		Seadrift Pipeline Corporation			Delaware
		South Charleston Sewage Treatment Company			West Virginia
		UCAR Louisiana Pipeline Company			Delaware
		UCAR Pipeline Incorporated			Delaware
			Dow Quimica Chilena S.A.		Chile
			Dow Peru S.A.		Peru
			UCAR Emulsion Systems FZE		Dubai
		Umetco Minerals Corporation			Delaware
			Predate Properties (Pty) Ltd.		South Africa
		Union Carbide Asia Limited			Hong Kong
		Union Carbide Asia Pacific, Inc.			Delaware
		Union Carbide Chemicals & Plastics Technology LLC			Delaware
			Dow Technology Investments LLC		Delaware
		Union Carbide Customer Services Pte. Ltd.			Singapore
		Union Carbide Middle East Limited			Delaware
		Union Carbide Philippines (Far East), Inc.			Philippines
		Union Carbide South Africa (Proprietary) Limited			South Africa
		Westbridge Insurance Ltd.			Vermont

* Location of incorporation or organization. Primary location of organization is reported for partnerships.

1. These companies are 50 percent owned, nonconsolidated affiliates of Dow Inc. and are accounted for using the equity method. Separate financial statements of these companies are not included in this Annual Report on Form 10-K. These companies are not controlled, directly or indirectly, by Dow Inc. Subsidiaries of these companies, if any, are not listed in this Exhibit 21.

270