Dow’s 1Q earnings take hit on polyurethanes lawsuit settlement

Dow’s 1Q earnings take hit on polyurethanes lawsuit settlement
Dow Chemical on Thursday reported first-quarter net income of $169 million, compared to the nearly $1.4 billion seen in 1Q 2015. The decline was due to legal settlements over “urethane matters” and “a charge for costs associated with portfolio and productivity actions,” the company said. (See story.)
Source: PetroChem Wire
Dow’s 1Q earnings take hit on polyurethanes lawsuit settlement
Dow Chemical on Thursday reported first-quarter net income of $169 million, compared to the nearly $1.4 billion seen in 1Q 2015. The decline was due to legal settlements over “urethane matters” and “a charge for costs associated with portfolio and productivity actions,” the company said. (See story.)