Looking For Relief

Dow Chemical's portfolio is half commodities-based,half specialties,CEO Andrew Liveris explained.The commodities part has come down in price.There isn't one customer out there who isn't asking for cuts-even specialties customers.In some cases,even they are getting price cuts.Post-Olympics China has slowed down considerably,but local stimulus in China, such as infrastructure projects, will help.They're looking at 8-9% Gross Domestic Product.Frankly,I think the emerging world is gonna help us out of this crisis,Mr.Liveris conjectured.