Dow sees solid second quarter performance

PRW

Published: July 29, 2014 11:19 am ET
Updated: July 29, 2014 11:21 am ET

Image By: Dow Chemical Co. Andrew Liveris

Related to this story

Topics Materials, Materials Suppliers
Companies & Associations Dow Chemical Co.

Dow Chemical Co. has reported its second quarter figures, with its seventh consecutive quarter of growth, according to the company.

The Midland, Mich.-based materials giant reported sales of $14.9 billion up 2 percent on the same period last year with increases across all operating segments. Earnings before interest, tax, depreciation and amortization (EBITDA) grew to $2.2 billion.

Andrew Liveris, Dow chairman and CEO, said: “Our results reflect excellent progress against Dow's near-term priorities and clearly illustrate our ongoing drive to execute self-help actions that are delivering growth on both the top and bottom line.”

As part of its ongoing realignment Dow has earmarked its epoxy business and some chlorine and derivatives assets for sale. It is also looking to sell parts of its functional materials and performance materials units, it said.


Comments

Dow sees solid second quarter performance

PRW

Published: July 29, 2014 11:19 am ET
Updated: July 29, 2014 11:21 am ET

Post Your Comments


Back to story


More stories

Image

Celanese buys conductive polymer supplier

October 21, 2014 4:31 pm ET

Materials firm Celanese Corp. has acquired most of the assets of conductive polymers maker Cool Polymers Inc. for an undisclosed price.    More

Image

BASF targets coffee and automotive connoisseurs with new resin grades

October 21, 2014 2:07 pm ET

BASF SE is using polybutylene terephthalate (PBT), which is normally used to manufacture high-end electronics, in a food consumer packaging product.    More

Materials firm realigns business divisions

October 20, 2014 1:23 pm ET

Trinseo S.A., formerly known as Styron L.L.C., is realigning its business divisions, creating two new business groups — Performance Materials...    More

Image

Corbion Purac collaboration taking bioplastics into even more uses

October 17, 2014 6:00 am ET

Corbion Purac NV's collaboration with Taiwan-headquartered compounder Supla Co. Ltd. and Taiwan electronics producer Kuender & Co. is paying...    More

Image

Momentive gearing up for some timely LSR sales

October 17, 2014 10:58 am ET

Momentive Performance Materials Inc. has plenty of time for customers at Fakuma — thanks to colorful new watchbands made with the firm's fiber-r...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events