Midland, Michigan – DowDuPont had sales of $12.6bn in its Industrial Intermediates & Infrastructure Division in 2017, up 17% on pro forma sales in the previous year.
In 2016, pro forma sales for the division, which contains polyurethane intermediates such as MDI, were $10.8 bn.
Earnings for 2017 before interest, taxation, depreciation and amortisation of $2.3 bn in 2017 for the Industrial Intermediates & Infrastructure Division were up 36% on the $1.7 bn recorded in 2016, according to a recent filing.
Across DowDuPont, sales in 2017 were $62.5 bn. This compares with pro forma sales of $48.2 bn in 2016, a rise of 29.7%.
Looking at the fourth quarter of 2017, DowDuPont said that net sales of $3.6 bn in the Industrial Intermediates & Infrastructure Division were up 27% on the pro forma 2016 number. ‘Double digit sales gains were reported in all geographic regions. Volume grew 13%, while local prices rose by 12%,’ the company said.