DuPont Co., the biggest producer of titanium dioxide pigment, is considering whether earnings volatility from the whitening chemical mean the business should be sold, Chief Executive Officer Ellen Kullman said.
DuPont Co., the world’s biggest producer of titanium-dioxide pigment, is facing slimmer margins as prices in the $16.3 billion market are poised for the first two-year drop in a decade because of oversupply and weak demand.
Dow Chemical Co. , the largest U.S. chemical maker, posted second-quarter profit that trailed analysts’ estimates after adverse weather curbed crop-chemical demand and plants in Texas and Argentina unexpectedly shut.
U.S. corporations are set to report their most profitable fourth quarter on record as companies from Apple Inc. to Dow Chemical Co. feed the demand for iPads, caustic soda and capital goods that’s bolstering the economy.
DuPont Co., the most valuable U.S. chemical maker, said it will eliminate 1,500 jobs after posting a smaller-than-estimated third-quarter profit and cutting its forecast on declining demand for paint pigment and solar cells.