Insulation industry news from Global Insulation
Dow reports quarter to 30 September 2019 24 October 2019
US: In the third quarter of 2019, Dow experienced a price decline of 12% on its volumes which fell 2%, yielding net sales of US$9.4bn, down by 15% compared to US$10.8bn in the three months to 30 September 2018. Its operating earnings before interest and taxes declined by 18% year-on-year to US$1.1bn from US$1.3bn.
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Global Insulation News
Owens Corning shares third quarter 2019 results 24 October 2019
US: Owens Corning’s net earnings in the third quarter of 2019 took a dive to US$333m from US$376m, down by 11% year-on-year. Its insulation section reported earnings before interest and taxes of US$84m, down year-on-year by 11%. The section’s sales in the quarter amounted to US$693m, down by 2% year-on-year from US$710.
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Global Insulation News
