President George W. Bush presented the National Medal of Technology to Dow Chemical Co., Midland, Mich., in a ceremony at the White House. Accepting the medal on behalf of Dow's 50,000 employees around the world was Michael D. Parker, president and CEO of Dow.
According to the official citation, Dow was awarded the medal "for the vision to create great science and innovative technology in the chemical industry and the positive impact that commercialization of this technology has had on society." The National Medal cites technical breakthroughs that, when combined with existing capabilities, enabled the development of new, advanced products that offer consumers many benefits. The honored breakthroughs were for advanced materials development such as metallocene catalysts/polyolefins Insite technology and the invention of new polymers for use in electronics manufacturing.