DowDuPont's materials science and specialty products units have helped the firm to better than expected the quarter results, with company-wide net sales of $ 1.12 , driven by higher prices and increased demand. The materials science business, which makes products ranging from packaging materials to brake fluids, grew 25% with 8% rise in output, while the speciality products unit that makes construction materials. as well as semiconductors and chips for mobile phones rose 8% . The two divisions offset a slide of 25 percent in the agriculture division. CEO Ed Breen said the positive results helped mitigate a weak agriculture sector, which fell 8% following delays caused by adverse weather.
DowDuPont's materials science and specialty products units have helped the firm to better than expected the quarter results, with company-wide net sales of $ 1.12 , driven by higher prices and increased demand. The materials science business, which makes products ranging from packaging materials to brake fluids, grew 25% with 8% rise in output, while the speciality products unit that makes construction materials. as well as semiconductors and chips for mobile phones rose 8% . CEO Ed Breen said the positive results helped mitigate a weak agriculture sector, which fell 8% following delays caused by adverse weather.