MIDLAND, Michigan (AP) — Dow Chemical Co. is cautiously optimistic about the year ahead after its fourth-quarter profit jumped on strong sales from North America to the Asian Pacific region.
The chemical manufacturing giant benefited from an expanded portfolio of products and the stronger global economy, particularly in the faster-growing regions of the world, such as China, India, Eastern Europe and Brazil.
The company expects the global economy to continue to strengthen. Yet Dow Chairman and CEO Andrew N. Liveris remains leery of inflation in emerging markets, the U.S. unemployment rate and Europe's financial problems.
"We remain prepared for a reversal in momentum," …
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