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.
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
