Sep 12, 12:38 PM

Dow Lowers Q3 Revenue Forecast to $10.6 Billion Due to Unplanned Event at Ethylene Plant

U.S. chemicals maker Dow has lowered its third-quarter revenue forecast due to an unplanned event at one of its ethylene plants in Texas. The company now expects Q3 2024 revenue to be approximately $10.6 billion and Operating EBITDA around $1.3 billion. CEO Jim Fitterling stated that this incident has also led to a drop in Dow’s stock price.

#Dow #Texas #Operating EBITDA #Jim Fitterling

Written with ChatGPT (GPT-4o).

Sources

Markets Today@marketsday
1 year ago
Dow’s stock drops after an ‘unplanned event’ at a Texas plant leads to a revenue warning
Reuters@Reuters
1 year ago
Comment: How businesses can address human rights issues in their plastics supply chains https://t.co/QX1FAv1nVN https://t.co/bKGAUzVPoE
Reuters@Reuters
1 year ago
Chemicals maker Dow lowers Q3 revenue forecast on unplanned event in Texas plant https://t.co/ZTybr9ftWm https://t.co/mjN9Bn1xIU

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Dow Lowers Q3 Revenue Forecast to $10.6 Billion Due to Unplanned Event at Ethylene Plant

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