Dow Chemical CEO Andrew
Liveris said that hurricanes took out 80% of the
firm's U.S. capacity,but now he can use different hydrocarbon feedstock because of demand destruction from the financial crisis.Price power is very poor.You have to manage costs,manage capital to
keep yourself through this,keeping your long range plan in mind.Europe is in just as bad of a shape as the U.S.,Mr.Liveris observed.
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