Flexible Electronics News

Dow Corning Reports Sales and Profits for 4Q, 2013 Year-End

Net sales were $5.71 billion, a decrease of 7 percent compared to 2012

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Dow Corning Corp. announced fourth quarter 2013 sales of $1.59 billion, an increase of 7% over 2012, and net income of $110 million in the quarter. Adjusted net income in the fourth quarter was $103 million, an increase of 50% compared with the fourth quarter of 2012. Pricing pressure continued to limit margins in Dow Corning’s Silicones segment. Polysilicon segment performance increased as customers purchased high volumes to meet contractual requirements. For the year, Dow Corning’s sales w...

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