MIDLAND, Mich. (Jan. 12)—Dow Chemical Co. plans to acquire polyurethane systems supplier Flexible Products Co. for an undisclosed price. The acquisition is in line with Dow Chemical´s strategy of focusing on polyurethanes. Based in Marietta, Ga., Flexible Products is one of the largest polyurethane systems suppliers in North America and a leader in custom PU foam formulations and dispensing technology. It posts annual sales of more than $140 million. The deal is expected to close in the first quarter after necessary regulatory approvals are obtained.