Dow expects lower EBITDA due to slow recovery in consumer, automotive sectors

MOSCOW (MRC) -- Dow says it expects a USD350-million headwind to second-quarter EBITDA, mostly due to a slower-than-expected demand recovery in the automotive and consumer durables end markets, reported Chemweek.The demand decline will particularly impact Dow's polyurethanes business, where second-quarter demand is expected to decline by about 25-30% year on year (YOY). Dow had previousl

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