Rohm and Haas Company reiterated that the completion of the K-Dow Petrochemicals partnership between The Dow Chemical Company and Petrochemicals Industries Company of Kuwait is not a closing condition for the proposed merger between Rohm and Haas Company and The Dow Chemical Company.
Rohm and Haas Company and The Dow Chemical Company entered into a definitive agreement on July 10, 2008 providing for the acquisition of Rohm and Haas by Dow, subject to the terms of that agreement. Rohm and Haas Company shareholders approved this agreement on October 29, 2008.
Rohm and Haas Company continues to work diligently towards completing the proposed transaction with Dow in early 2009.