Dow Chemical acquired Philadelphia’s Rohm and Haas in April to gain access to specialty materials used in electronics and paints.
(Justin Maxon/Associated Press)
MARKET MOVERS
Dow predicts earnings will top estimates
Dow Chemical acquired Philadelphia’s Rohm and Haas in April to gain access to specialty materials used in electronics and paints.
(Justin Maxon/Associated Press)
Dow Chemical Co., the largest US chemical maker, said rising sales and cost cuts after the acquisition of speciality materials firm Rohm and Haas Co. will boost earnings more than analysts estimate. Profit on a proforma basis will top $3.50 a share through 2015, including $4 to $4.50 a share in 2012, Dow chief executive Andrew Liveris said on the website of the Midland, Mich., company.
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