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Preferred Technology and Dow Announce Increased Production of DustPRO Proppant

North America’s leading proppant technology company, in collaboration with Dow, announces four DustPRO™ coating origin sites in response to successful proppant pilot test wells

RADNOR, Pa.--(BUSINESS WIRE)--Preferred Technology, an affiliate of Preferred Sands, which is one of North America’s leading proppant technology companies, and The Dow Chemical Company (NYSE:DOW), today announced the increased production and capacity of DustPRO™, the only cost-effective preventative proppant solution that limits silica dust exposure and meets all current and proposed OSHA standards. The companies are increasing production to service customer demand as a direct result of multiple successful wells, which found all air sampling around workers to be below both the current and proposed OSHA standards for silica sand permissible exposure limits.

“We enjoy working with an innovative company like Preferred Technology, and we’re pleased to be able to quickly create our Preferred DC™ technology to be a safe and sustainable solution for the hydraulic fracturing industry”

The DustPRO™ patent-pending application system is a cost-effective, preventative solution that helps control respirable silica and fugitive dust through all sand transfer points in the proppant supply chain. This solution features Dow’s patent-pending Preferred DC™ technology. The proprietary DustPRO™ application systems are now operational at Preferred’s terminal in Henderson, Colo. and at Preferred Sands of Genoa, NE. Additional installations are underway at Preferred Sands of Blair, Wis. and Sanders, AZ. DustPRO™ can be applied at the sand origin site or at a distribution terminal. The system increases well-site efficiency and safety by eliminating the need for bulky mechanical silica dust collection apparatus.

“With Dow, our team created DustPRO™ as a solution for limiting silica dust exposure during all sand transfer points,” said Michael O’Neill, founder and CEO of Preferred Technology. “This is the only cost-effective and preventative solution on the market that addresses silica dust. As an innovative company within the industry, we are proud to increase its availability in key markets across North America through the remainder of 2014 and beyond. Now more than ever, our customers are looking for sustainable products and we are proud to be part of that movement.”

In addition to the new Preferred coating sites, the company is working with customers to place DustPRO™ units directly into their facilities. Preferred and Dow have significantly increased DustPRO™ capacity and will continue to ramp throughout 2014.

“We enjoy working with an innovative company like Preferred Technology, and we’re pleased to be able to quickly create our Preferred DC™ technology to be a safe and sustainable solution for the hydraulic fracturing industry,” said Joan Hoffmeier Gorrell, North American Business Director for Dow Consumer and Industrial Solutions. Dow offers a range of innovative, customized and tested solutions designed to meet the ever-changing needs of the oil and gas industry.

For more information about Preferred Technology’s patent-pending DustPRO™ proppant technology, please visit www.preferredsands.com. For more information, about The Dow Chemical Company, please visit www.dow.com.

About Preferred Technology

Preferred Technology, headquartered in Radnor, PA, is an affiliate of Preferred Sands and is one of North America's largest resin technology companies in the hydraulic fracturing industry. Preferred Technology is dedicated to delivering innovative and sustainable solutions through an entrepreneurial culture with superior customer service. In June 2013, Preferred Technology opened its Houston location, where the company continues to develop and grow innovative technology solutions, including its environmentally-sensitive line of resin-coated frac sand for both high and low temperature wells. The company’s innovative RCS product line has been recognized by the Oil & Gas Awards as the “Environmental Initiative of the Year” for 2013. With the company’s continued dedication to sustainable product development, Preferred Technology is not only committed to the protection of the environment but also the health and safety of the communities it serves. www.preferredsands.com

About Dow

Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company is driving innovations that extract value from the intersection of chemical, physical and biological sciences to help address many of the world's most challenging problems such as the need for clean water, clean energy generation and conservation, and increasing agricultural productivity. Dow's integrated, market-driven, industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high growth sectors such as packaging, electronics, water, coatings and agriculture. In 2013, Dow had annual sales of more than $57 billion and employed approximately 53,000 people worldwide. The Company's more than 6,000 products are manufactured at 201 sites in 36 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.

Contacts

Preferred Technology
MEDIA CONTACT:
Michelle Hunt, 484-385-2922 (office)
mhunt@briancom.com
or
The Dow Chemical Company:
Laura Hadden, 215-592-3677 (office)
hadden@dow.com