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.

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.

Dow AgroSciences also benefited from rising sales of trans-free fats purchased by Hardee’s and other restaurants for use in cooking.

Dow Chemical is headquartered in Midland, Mich.

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our updated comment policy that will govern how comments are moderated.

{{ articles_remaining }}
Free {{ article_text }} Remaining
{{ articles_remaining }}
Free {{ article_text }} Remaining Article limit resets on
{{ count_down }}