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.
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.
Compelling solutions through strategic partnerships
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.
