Saturday, July 28, 2007
Dow AgroSciences Profit Surges on Latin American Gains
Strong demand in Latin America for pesticides and other Dow AgroSciences products caused profit for the Indianapolis-based agricultural arm of Dow Chemical Co. Inc. to spurt 29 percent in the second quarter, according to The Indianapolis Business Journal.
Much of the $208 million in earnings was driven by Brazilian soybean and corn growers as well as by sugar cane farmers who ramped up production to feed ethanol plants.
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