Volume 94 Issue 6 | p. 7 | News of The Week
Issue Date: February 8, 2016

Commodity Glut, Strong Dollar Pressure Chemical Company Earnings

Fourth Quarter: Plans go forward at Dow, DuPont for merger as Dow CEO Liveris plans exit in 2017
Department: Business
Keywords: earnings, merger, agriculture, oil and gas

U.S. chemical firms faced a litany of problems in the fourth quarter of 2015: a strong dollar, weak prices in agriculture and petrochemicals, economic turmoil in Latin America, and slow growth in emerging markets. Add them up, and it’s no surprise sales and earnings figures sport a number of minus signs.

Wall Street’s focus was on Dow Chemical and DuPont, which plan to combine in a historic merger. At Dow, strong demand for high-margin products . . .

To view the rest of this content, please log in with your ACS ID.

Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society