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Dow AgroSciences profit, sales hit records

July 24, 2008

Rising prices and strong demand around the world fueled record profit and sales for Dow AgroSciences in the second quarter.

Dow AgroSciences, the Indianapolis-based agricultural arm of Dow Chemical Co. Inc. of Midland, Mich., reported $1.4 billion in sales, a 25-percent increase from a year earlier. Profit soared to $335 million from $208 million.

The unit raised prices an average of 12 percent, and volume was up 13 percent.

Dow AgroSciences employs about 1,000 on the far north-west side.

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