| Dow Chemical Co. (DOW), the largest U.S. chemical maker by sales, said this year’s plunging oil prices will stimulate national economies and help rather than hurt its plastics business next year. Lower oil prices should help increase gross domestic product in the U.S., the U.K, Japan and China, Howard Ungerleider, chief financial officer of Midland, Michigan-based Dow, said on a conference call with analysts today.
The positive effect will become more visible through 2015, he said. “Low oil price means more demand in the GDP,” Chairman and Chief Executive Officer Andrew Liveris said on the call...............................................Full Article: Source
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