In the first quarter of 2025, Dow reported net sales of $10.4 billion, down 3% year-over-year, reflecting declines in all operating segments. Sequentially, net sales were flat, as seasonally higher demand in Performance Materials & Coatings was offset by lower prices in Industrial Intermediates & Infrastructure. The company reported that volume increased 2% compared to […]
Coatings provider AkzoNobel announced today that the company is taking steps to reduce cost and enhance the efficiency of its functions. A key element of this plan involves a reduction of around 2,000 positions globally. According to AkzoNobel, the initiative is designed to simplify operations, accelerate decision making, and streamline the company’s management structure. “Over […]
The company’s board has tasked Chairman and CEO Jan Jenisch to lead the planned U.S. listing of Holcim’s North America business. Jenisch commented, “Holcim has reached a new level of financial performance and a superior earnings profile with industry-leading margins and a strong balance sheet. The success of our North American business makes it the […]
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