EX-21 3 dowinc202010kex21.htm SUBSIDIARIES OF DOW INC. Document


 Subsidiaries of Dow Inc.EXHIBIT 21
At December 31, 2020
Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
Dow Inc.Delaware
The Dow Chemical CompanyDelaware
American Mortell CorporationTexas
Mortell CompanyDelaware
Arabian Chemical Company (Latex) Ltd. (1)Saudi Arabia
Arabian Chemical Company (Polystyrene) Limited (1)Saudi Arabia
Battleground Water CompanyTexas
Chemars III LLCDelaware
Chemtech II L.P.Delaware
DCOMCO, Inc.Delaware
Dow Chemical (China) Investment Company LimitedChina
Dow Chemical (Guangzhou) Company LimitedChina
Dow Chemical (Shanghai) Company LimitedChina
Dow Chemical (Sichuan) Co., Ltd.China
Dow Chemical (Zhangjiagang) Company LimitedChina
Zhejiang Pacific Chemical Corporation China
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 LimitedThailand
Dow International Holdings CompanyDelaware
Petroquimica-Dow S.A. (Petrodow)Chile
Univation Technologies, LLCDelaware
Univation Technologies (Hong Kong) LimitedHong Kong
Univation (Zhangjiagang) Chemical Company LimitedChina
Univation Technologies International, LLCDelaware
Dow Chemical Kuwait B.V.Netherlands
Dow Chemical Singapore Holdings Pte. Ltd.Singapore
Dow Chemical Telecommunications Corp.Delaware
Dow Deutschland Inc.Delaware
Dow Chemical Inter-American LimitedDelaware
Dow Quimica de Colombia S.A.Colombia
Dow Engineering CompanyDelaware
Dow Engineering, Inc.Michigan
Dow Financial Services Inc.Delaware
Dow Global Financial Management, Inc.Delaware
Dow Global Technologies LLCDelaware
Chemtech Portfolio Inc.Texas
Dow Technology Investments LLCDelaware
Dow Hydrocarbons and Resources LLCDelaware
Cayuse Pipeline, Inc.Texas
Dow Intrastate Gas CompanyLouisiana
Dow Pipeline CompanyTexas
Fort Saskatchewan Ethylene Storage Corporation (1)Canada
Fort Saskatchewan Ethylene Storage Limited PartnershipCanada
K/D/S Promix, LLC (1)Texas
Dow International Holdings CompanyDelaware
Dow Luxembourg Spectrum Holding S.a.r.l.Luxembourg
3308597 Nova Scotia CompanyCanada
Dow Luxembourg Galaxy Holding S.a.r.l.Luxembourg
Dow Switzerland Holding GmbHSwitzerland
DC Fin. (Singapore) Pte. Ltd.Singapore
Dow (Shanghai) Holding Co., Ltd.China
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
Dow Austria Gesellschaft m.b.H.Austria
Dow Belgium B.V.B.A.Belgium
211


 Subsidiaries of Dow Inc.EXHIBIT 21
At December 31, 2020
Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
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 Benelux Integrated Center B.V.Netherlands
Dow Chemical Company LimitedUnited Kingdom
Dow Chemical Services UK LimitedUnited Kingdom
Dow LimitedUnited Kingdom
Dow Services Trustees UK LimitedUnited Kingdom
Hyperlast LimitedUnited Kingdom
Dow UK LimitedUnited Kingdom
Dow Chemical East Africa LimitedKenya
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 LimitedKorea
Dow Chemical OOORussia
Dow Chemical Romania S.R.L.Romania
Dow Chemical West Africa LimitedGhana
Dow Corning de Argentina S.R.L.Argentina
Dow Danmark A/SDenmark
Dow Europe GmbH Switzerland
Dow Chemical IMEA GmbH Switzerland
Dow Egypt Services LimitedEgypt
Dow International Finance S.a.r.l.Luxembourg
Dow Mideast Systems S.A.E. (JSC)Egypt
Dow Netherlands Tulip Holding B.V.Netherlands
Dow Hellas Single-Member AVEEGreece
Dow Hungary Kft.Hungary
Dow Industrial Chemical Products Nigeria LimitedNigeria
Dow InterBranch B.V.Netherlands
Dow Chemical East Africa LimitedKenya
Dow Industrial Chemical Products Nigeria LimitedNigeria
Dow Material Sciences Ltd.Israel
Dow Materials Science Saudi Arabia LimitedSaudi Arabia
Dow Mideast Systems S.A.E. (JSC)Egypt
Dow Morocco SARLMorocco
Dow Norge A/SNorway
Dow Quimica de Colombia S.A.Colombia
Dow Silicones Belgium SPRLBelgium
PT Rohm and Haas IndonesiaIndonesia
Rohm and Haas International SNCFrance
Rohm and Haas Latinoamerica, S. de R.L. de C.V.Mexico
Rohm and Haas Mexico, S. de R.L. de C.V.Mexico
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 LimitedEgypt
Dow Morocco SARLMorocco
Dow Olefinverbund GmbHGermany
Dow Deutschland Anlagengesellschaft mbH Germany
Dow Deutschland Verwaltungs Vertriebs GmbHGermany
Dow Produktions und Vertriebs GmbH & Co. OHGGermany
Dow Stade Produktions GmbH & Co. OHGGermany
Dow MF Verwaltungs GmbHGermany
Dow Produktions und Vertriebs GmbH & Co. OHGGermany
Dow Stade Produktions GmbH & Co. OHGGermany
Dow Pipeline Gesellschaft mbH & Co. KG Germany
Dow Pipeline Verwaltungsgesellschaft mbH Germany
Dow Silicones Deutschland GmbHGermany
Dow Verwaltungsgesellschaft mbHGermany
Industrienetzgesellschaft Schkopau mbHGermany
ROH Venture GmbHGermany
212


 Subsidiaries of Dow Inc.EXHIBIT 21
At December 31, 2020
Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
Dow Performance Materials (Australia) Pty LtdAustralia
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 LimitedSaudi Arabia
Dow Silicones Australia Pty LtdAustralia
Dow Corning (Thailand) LimitedThailand
Dow Silicones Belgium SPRLBelgium
Dow Silicones UK LimitedUnited Kingdom
Dow Southern Africa (Pty) LtdSouth Africa
Dow Starfish Holding B.V.Netherlands
Dow Suomi OYFinland
Dow Sverige ABSweden
Dow Turkiye Kimya Sanayi ve Ticaret Limited Sirketi Turkey
Rohm and Haas Kimya Sanayi Limited SirketiTurkey
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) LimitedUnited Kingdom
Rohm and Haas Denmark Holding Company ApSDenmark
Rohm and Haas Espana Production Holding, S.L.Spain
Rohm and Haas Espana, S.L.Spain
Rohm and Haas Europe Services ApSDenmark
Rohm and Haas Europe Trading ApSDenmark
Rohm and Haas Kimyasal Urunler Uretim Dagitim ve Ticaret A.S.Turkey
Rohm and Haas International SNCFrance
Dow France S.A.S.France
Rohm and Haas Nederland B.V.Netherlands
RUS Polyurethanes Holding B.V. Netherlands
Dow Izolan OOORussia
Dow Izolan Ukraine LLCUkraine
Dow Silicones (Shanghai) Co., Ltd.China
Dow Silicones Holding Japan G.K.Japan
Dow Toray Co., Ltd.Japan
Site Services Japan, Co., Ltd.Japan
Dow Silicones Netherlands Holding B.V.Netherlands
Dow Chemical Silicones Korea Ltd.Korea
Dow Silicones Pte. Ltd.Singapore
Dow Corning (Thailand) LimitedThailand
Dow Siloxane (Zhangjiagang) Holding Co. Private Ltd.Singapore
Dow Siloxanes (Zhangjiagang) Co., Ltd.China
DowBrands Inc.Delaware
Rohm and Haas CompanyDelaware
Dow Chemical Philippines, Inc.Philippines
Dow Japan Holdings K.K.Japan
Dow Chemical Japan LimitedJapan
Japan Acrylic Chemical Co., Ltd.Japan
ROH Holdings 1, LLCDelaware
Rohm and Haas Equity CorporationDelaware
Dow Luxembourg Spectrum Holding S.a.r.l.Luxembourg
ROH Holdings 2, LLCDelaware
Rohm and Haas Chemicals LLCDelaware
Morton International, LLCIndiana
Rohm and Haas (Far East) LimitedHong Kong
Rohm and Haas Chemical (Thailand) LimitedThailand
Rohm and Haas China, Inc.Delaware
Beijing Eastern Rohm and Haas Company LimitedChina
Rohm and Haas International Trading (Shanghai) Co. Ltd.China
Shanghai Eastern Rohm and Haas Co., Ltd.China
Rohm and Haas Denmark Finance A/SDenmark
Dow Chemical International Private LimitedIndia
213


 Subsidiaries of Dow Inc.EXHIBIT 21
At December 31, 2020
Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
PT Rohm and Haas IndonesiaIndonesia
RH DK Vietnam Holdings ApSDenmark
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 BhdMalaysia
Rohm and Haas Texas IncorporatedTexas
Battleground Water CompanyTexas
Rohm and Haas Equity CorporationDelaware
Rohm and Haas New Zealand LimitedNew Zealand
Rohm and Haas Quimica Ltda.Brazil
Dow International Technology CorporationDelaware
Dow Netherlands Tulip Holding B.V.Netherlands
Dow Brasil Industria e Comercio de Produtos Quimicos Ltda.Brazil
Dow Chemical Pacific (Singapore) Private LimitedSingapore
Dow Chemical (Malaysia) Sdn. Bhd.Malaysia
Dow Chemical (Myanmar) LimitedMyanmar
Dow Chemical Bangladesh Private LimitedBangladesh
Dow Chemical International Private LimitedIndia
Dow Chemical Pacific LimitedHong Kong
Dow Chemical Vietnam Limited Liability CompanyVietnam
PT Dow IndonesiaIndonesia
Voltas Water Solutions Private Limited (1)India
Rohm and Haas Canada Investments LimitedCanada
3229809 Nova Scotia CompanyCanada
Dow Investment Argentina S.R.L.Argentina
PBBPolisur S.R.L.Argentina
Dow Quimica de Colombia S.A.Colombia
PBBPolisur S.R.L.Argentina
Rohm and Haas Canada LPCanada
Dow Investment Argentina S.R.L.Argentina
Rohm and Haas Canada LPCanada
Dow Chemical Canada ULCCanada
3308597 Nova Scotia CompanyCanada
3294027 Nova Scotia LimitedCanada
Dow Brasil Industria e Comercio de Produtos Quimicos 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 PartnershipCanada
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
Siam Polyethylene Company Limited (1)Thailand
Sentrachem LimitedSouth Africa
Dow Olefinverbund GmbHGermany
Dow Peru S.A.Peru
Dow Quimica de Colombia S.A.Colombia
Dow Quimica Mexicana S.A. de C.V.Mexico
Dow Roofing Systems LLCDelaware
Dow Silicones CorporationMichigan
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 LimitedIndia
Dow Corning (Thailand) LimitedThailand
Dow Luxembourg Spectrum Holding S.a.r.l.Luxembourg
Dow Netherlands Tulip Holding B.V.Netherlands
Dow Silicones (Zhangjiagang) Co., Ltd.China
214


 Subsidiaries of Dow Inc.EXHIBIT 21
At December 31, 2020
Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
Dow Silicones Deutschland GmbHGermany
Valley Asset Leasing, LLCDelaware
Warbler I LLCDelaware
Dow South Africa Holdings (Pty) Ltd.South Africa
Sentrachem LimitedSouth Africa
Cisvaal (Proprietary) LimitedSouth Africa
DowBrands Inc.Delaware
DuPont Asia Pacific LimitedDelaware
DuPont (Taiwan) Electronic Materials LimitedTaiwan
DuPont Performance Materials (Shanghai) Co., Ltd.China
Materials Science (India) Private LimitedIndia
Performance Material Products Korea Ltd.Korea
Performance Materials (Australia) Pty LtdAustralia
Performance Materials (Thailand) LimitedThailand
Performance Materials Japan Kabushiki KaishaDelaware
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) LimitedHong 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 LLCRussia
PM International 1 B.V.Netherlands
Performance Materials Products (Singapore) Pte. Ltd.Singapore
Performance Materials (Thailand) LimitedThailand
PM Japan, Inc.Delaware
PM LATAM, Inc.Delaware
Performance Materials Argentina SAUArgentina
Performance Materials Colombia S.A.S.Colombia
Essex Chemical CorporationNew Jersey
Flexible Products CompanyGeorgia
Forbanco Inc.Delaware
General Latex and Chemical CorporationMassachusetts
GNS Enterprises, LLCGeorgia
GWN Holding, LLCDelaware
Dow Saudi Arabia Product Marketing B.V.Netherlands
Ifco Inc.Delaware
Chemtech II L.P.Delaware
Liana LimitedDelaware
Dorinco Reinsurance CompanyMichigan
Dorintal Reinsurance LimitedVermont
Materials Science Holding, LLCDelaware
Rohm and Haas International Holdings Inc.Delaware
Dow Chemical Singapore Holdings Pte. Ltd.Singapore
Dow Chemical (Australia) Pty LtdAustralia
Dow Chemical (Myanmar) LimitedMyanmar
Dow Chemical (NZ) LimitedNew Zealand
Dow Chemical Bangladesh Private LimitedBangladesh
Dow Chemical International Private LimitedIndia
Dow Chemical Korea LimitedKorea
PT Dow IndonesiaIndonesia
Terneuzen Investments Holding B.V.Netherlands
Dow Chemical Taiwan LimitedTaiwan
Rohm and Haas Taiwan, Inc.Taiwan
NuvoSun, Inc.California
Performance Materials NA, Inc.Delaware
Performance Science Materials CompanyCanada
PM EMEA Holding 1 B.V.Netherlands
Performance Materials Netherlands B.V.Netherlands
Dow Chemical Pakistan (Private) LimitedPakistan
DuPont Performance Materials Deutschland GmbHGermany
DuPont Performance Materials Proprietary LimitedSouth Africa
E&C EMEA Holding 1 B.V.Netherlands
DuPont Performance Materials International SarlSwitzerland
215


 Subsidiaries of Dow Inc.EXHIBIT 21
At December 31, 2020
Location*
This list includes companies for which the effective ownership by Dow Inc. is 50 percent or more.
Material Science de Mexico DDM, S. de R.L. de C.V.Mexico
Materials Science (India) Private LimitedIndia
Performance Materials (Thailand) LimitedThailand
Performance Materials Belgium BVBABelgium
PM EMEA Cooperatief U.A.Netherlands
Performance Materials Bulgaria EOODBulgaria
Performance Materials Czech Republic s.r.o.Czech Republic
Performance Materials Finland OyFinland
Performance Materials France SASFrance
Performance Materials Iberica, S.L.Spain
Performance Materials Italy srlItaly
Performance Materials Poland Sp. z o.o.Poland
Performance Materials Ukraine LLCUkraine
PM EMEA Cooperatief U.A.Netherlands
DuPont Performance Materials UK LimitedUnited Kingdom
Performance Materials Belgium BVBABelgium
Performance Materials Ukraine LLCUkraine
PM EMEA Holding 4 B.V.Netherlands
Performance Materials Turkey Endustri Urunleri Limited SirketiTurkey
PM Mexico, LLCDelaware
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 LLCDelaware
H Hotel Holding LLCDelaware
MVCC Limited PartnershipDelaware
MVCC Limited PartnershipDelaware
Rohm and Haas Mexico, S. de R.L. de C.V.Mexico
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
Siam Synthetic Latex Company Limited (1)Thailand
Terra Two Taiwan LimitedTaiwan
Tianjin Panda Terminal Holdings Pte. Ltd.Singapore
Union Carbide CorporationNew York
Amerchol CorporationDelaware
Calidria CorporationDelaware
Carbide Chemical (Thailand) LimitedThailand
Dow International Holdings CompanyDelaware
Dow Quimica Mexicana S.A. de C.V.Mexico
Global Industrial CorporationNew York
Peñuelas Technology Park LLCDelaware
Seadrift Pipeline CorporationDelaware
South Charleston Sewage Treatment CompanyWest Virginia
UCAR Louisiana Pipeline CompanyDelaware
UCAR Pipeline IncorporatedDelaware
Dow Peru S.A.Peru
UCAR Emulsion Systems FZEUnited Arab Emirates
Umetco Minerals CorporationDelaware
Predate Properties (Pty) Ltd.South Africa
Union Carbide Asia Pacific, Inc.Delaware
Union Carbide Chemicals & Plastics Technology LLCDelaware
Dow Technology Investments LLCDelaware
Union Carbide Customer Services Pte. Ltd.Singapore
Union Carbide Middle East LimitedDelaware
Union Carbide Philippines (Far East), Inc.Philippines
Union Carbide South Africa (Proprietary) LimitedSouth 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.
216