DuPont full year 2014 results show slide in fluorspar and TiO2
Published: Tuesday, 27 January 2015
A set of disappointing results for DuPont sees the company setting its 2015 outlooks below analyst projections. This not only highlights the weakness in the fluorochemicals and TiO2 markets, but adds credence to the accusations by Trian Fund management that the company has lost its way.
US chemicals company DuPont today reported net sales of $34.7bn
for the full year 2014, down from $35.7bn in 2013. Net income,
of $3.6bn, slid by 25% when compared to the previous year.
In the company’s performance chemicals business
arm, which houses its fluorochemicals and titanium