Volume 92 Issue 17 | p. 7 | News of The Week
Issue Date: April 28, 2014

Earnings Weather Late-Winter Chill

First Quarter: Shrugging off weather impact, chemical executives see a strong 2014
Department: Business
Keywords: industry, economy, earnings

The Polar Vortex may be America’s most hated phrase so far this year, but the U.S. chemical industry overcame the extreme winter weather with first-quarter earnings that met or beat analyst expectations. Celanese, Cytec Industries, Dow Chemical, DuPont, and Praxair all boosted earnings compared with last year’s first quarter, thanks to diversity of both product line and geographic footprint.

Dow’s earnings shot up 17.7% to $964 million on . . .

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