Dow DuPont predicts 2017 sales of 12.6 billion U.S. dollars

Sales of Dow's industrial intermediates and infrastructure are projected to reach $ 12.6bn in 2017, up 17% from 2016 sales.

In 2016, sales of polyurethane intermediates such as MDI included $ 10.8 billion.

Industrial intermediates and infrastructure facilities posted a pre-buck and amortization profit of 2.3 billion U.S. dollars in 2017, up 36% from 1.7 billion U.S. dollars in 2016.

Dow DuPont estimates sales of $ 62.5 billion in 2017 and sales of $ 48.2 billion in 2016, an increase of 29.7% from the previous year.

Dow DuPont said net sales in the Industrial Intermediates and Infrastructure segment reached $ 3.6 billion in the fourth quarter of 2017, an increase of 27% over 2016. All quarters saw double-digit growth, and the company said volume An increase of 13%, local prices rose by 12%.

In the fourth quarter, the price of downstream products went up, the profit margin of MDI and sales volume increased, and the supply and demand fundamentals of the industry remained tight.

Andrew Liveris, executive director of Dow DuPont, said: "The trajectory of global economic expansion has become impetus to the development of strong consumer and business confidence, which signals the perfect combination of Dow DuPont products and technologies."

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