Issue Date: February 8, 2016
Commodity Glut, Strong Dollar Pressure Chemical Company Earnings
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 . . .
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