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Stock Market & Financial Investment News

News Breaks
March 19, 2014
09:27 EDTDOWDow Chemical expects to double EBITDA in agriculture sciences in 5-7 years
Dow Chemical expects to double EBITDA in agricultural sciences in the next 5-7 years to $300M-$400M. The growth will be driven by commercialization of its pipeline, achievement of scale benefits in Seeds and strong agriculture fundamentals. Dow Chemical said all projects are on track for planned start-up, with growth investments achieving a run-rate of $3B in accretive EBITDA. The company said it is on the path to at least $10B in EBITDA in the near term. The company raised its divestiture target by $1.5B-$2B with the total divestiture at $4.5B-$6B. Dow says the Sadara construction is 45% complete and the Olefins construction is 65% complete. The company also said everything is on the table when it comes to shareholder value. Comments taken Down Chemical Strategy Update.
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February 26, 2015
10:34 EDTDOWDow AgroSciences targets $1B in revenue from new products by 2018
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