Bluestar Silicones is Starting Up a New Facility for Silicone Fluids at its Santo André Plant

SÃO PAULO, November 29, 2010 - Bluestar Silicones has just started its new manufacturing unit for
Silicones fluids in its Santo André plant. This new unit based on state of
the art manufacturing technology for Silicones fluids will enable Bluestar
Silicones to have a versatile & larger local production base for all Latin &
South American customers using silicones Fluids.

(Photo: www.newscom.com/cgi-bin/prnh/20101129/421097 )

Silicone Fluids are present in many applications and undergoing strong
growth

Silicone PDMS Fluids are used in numerous applications including
lubricating, textile softening; home & personal care, among others.

Doubling of capacity and an opportunity for the Santo André site

With a co-leader position onto the Brazilian market, Bluestar Silicones
has experienced a double digit growth in the zone year after year in the past
5 years and is continuously investing into additional technical, marketing &
manufacturing resources to support local growth with local products, while
benefiting from worldwide technology & development networking.

This new unit is doubling existing capacity for Silicone fluids. This
investment represents also a strong sign for the development of the Santo
André site, and illustrates the Bluestar Silicones ambition in Latin America
Zone.

"This investment in Santo André will allow us to capture growth where it
is currently available", indicates Lucas Freire, President of Bluestar
Silicones In Latin America. "Whilst enhancing our market share on other more
mature sectors. This capacity-building is right in line with our global sales
development strategy targeting major new customers in markets where we
already enjoy strong positions, giving us opportunity to be present in new
markets and it's an indication of Bluestar Silicones ambition in Latin
America Zone."

Bluestar Silicones is a global supplier of silicones with a turnover of
EUR600 million and manufacturing sites in all regions of the world.

Bluestar Silicones offers a complete range of silicone products in the
fields of release coatings, specialty elastomers, health products, specialty
fluids, emulsions and resins.

Press contact: Pascal-Louis Caillaut, Bluestar Silicones, Telephone: +-33-4-72-13-19-09 - Fax: +33-4-72-13-19-44, Email: pascal-louis.caillaut at bluestarsilicones.com