Quarterly sales of DowDuPont rose 10%


DowDuPont was established in 2017 after the merger of Dow Chemical and Du Pont, and became the largest chemical company in the world. In the third quarter, its sales increased by 10% to $20 billion 100 million, helped by growing demand for chemicals used in cosmetics, packaging materials and paints. The material science division increased its quarterly sales by 13% to 12 billion 400 million dollars, which was the largest contribution to DowDuPont's total revenue. The company increased its quarterly adjusted earnings per share by 35% to 74 cents. It informed about the intention in the next 5 years to perform repurchase of stock worth $3 billion.

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