Dow Corning posted second quarter profit of $190.8 million, lower than $220.7 million last year.
Adjusted profit was $187.6 million, down from $214.9 million in the same quarter last year. Net sales reached $1.67 billion, up from $1.54 billion in the prior-year quarter.
Compelling solutions through strategic partnerships
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
BASF sells a majority stake in its coatings business to the investor Carlyle.
