Friday, October 26, 2007

High feedstock and energy costs hit DOW Q3-07 profits

Dow Chemical Co. has recorded a 21.3% fall in Q3-07, posting net income after paying preferred dividends of US$403 mln, as against year ago profits of US$512 mln. This fall in profits is mainly because of changes in German tax laws, higher domestic tax rates and charges for research and development.

For more details please click on the following link
http://www.plastemart.com/plasticnews_desc.asp?news_id=11115&P=P

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: