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Chemical Week Magazine :: Business & Finance :: United States/Americas

Diversified earnings mixed as economy fails to improve

7:36 AM MDT | April 26, 2013 | —CW Staff

Diversified and industrial gases firms for the most part managed to eke out modest first-quarter gains, although the occasional bright spot was not enough to distract from underwhelming volumes, continued stagnation in Europe, and slowing growth in China. The outlook for 2013 also dimmed, as executives tempered expectations and focused on cost-cutting programs. Cheap natural gas and strong agriculture markets lifted Dow Chemical’s first-quarter earnings ahead of estimates, but chairman and CEO Andrew Liveris says that, given persistent volatility and...

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