Volume 91 Issue 43 | p. 7 | News of The Week
Issue Date: October 28, 2013 | Web Date: October 25, 2013

Chemical Earnings Edge Up Despite Uneven Demand

Third Quarter: Firms look to internal strategies, restructuring to drive profits
Department: Business
Keywords: earnings, divestments, performance materials

Third-quarter results from U.S. chemical firms show that the industry has found ways to increase profits despite wobbly global demand.

Executives at diversified companies such as Dow Chemical and DuPont told analysts that they have turned to “self-help” to grow earnings rather than waiting for stable economic growth. For example, they are shifting resources to high-margin product lines.

These strategies have helped companies claw back from the precipitous declines seen in last year’s third quarter. . . .

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