Headline: Chemical Giant Dow Begins Review of Select European Assets

Dow, a leading US-based chemical company, announced in its third-quarter results that it has begun reviewing some of its European assets. CEO Jim Fitterling stated that the review is necessary due to the lack of recovery in demand and competitive regulatory policies. The company's asset assessment will primarily focus on the Polyurethanes business segment, with an aim to complete the review by mid-2025. Fitterling noted, "The pace of the global macroeconomic recovery has been slower than expected. We are innovating with our customers, which was clearly seen in this quarter as we captured growing demand in packaging, electronics, and home and personal care sectors." Dow's revenue in the third quarter rose by 1.1% compared to the previous year, reaching $5.52 billion. Its adjusted earnings per share exceeded expectations, coming in at 47 cents compared to the anticipated 46 cents.