Dow Chemical says low energy costs are a “net benefit”.

The maker of plastics and chemicals reported fourth-quarter earnings results on Tuesday morning that topped analysts’ expectations.

It’s no surprise that while other firms exposed to the energy sector are getting slammed and expecting further losses, Dow Chemical is hoping to continue cashing in from the oil crash. That’s because its plastics-making business benefits from cheaper raw material costs, including shale gas, which is the starting product for the ethylene that makes up many of its final products.

In the earnings release, Dow Chemical CEO Andrew Liveris said (emphasis ours),

“The global economy read more >>>

Source : BusinessInsider.Com