According to reports, Dow Chemical CEO Andrew Liveris said that China’s demand for chemicals in areas such as food safety and energy conservation will continue to grow over a long period of time. Growth is expected during the period, and Dow and DuPont will leverage the effects of their corporate merger to expand their business focusing on agriculture and other fields. In the next 20 years or so, the sales volume of the business in China will be increased by five times to reach 20 billion US dollars.
When it comes to expanding business in China, Liverich believes that Dow’s competitors are Chinese companies. He pointed out that Dow pays special attention to the movements of Chinese state-owned enterprises such as China National Chemical Corporation and Sinopec Group.
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