DuPont sees Q2 sales shrink due to low TiO2, mica, fluorochemicals prices
By Antonio Torrisi
Published: Tuesday, 22 July 2014
Low prices of fluorochemicals and TiO2 have impacted sales of the US-based speciality chemicals producer, which is currently restructuring its assets and changing its portfolio. However, DuPont expects higher demand for HFOs-refrigerants sales in H2 2014, following a growth in automotive.
US-based speciality chemicals producer, DuPont, has posted
slightly lower sales for the second quarter of this year, due
to persisting low prices of
TiO2, fluorochemicals and
metals.
Revenue in 2014 was $9.7bn compared to $9.8bn in the same
period of 2013, with operating earnings per share (EPS) at
$1.17/share, slightly...