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March 22, 2012

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Dow bullish

DOW Chemical Co expects sales from its advanced materials division to grow 12 percent annually in Asia-Pacific by 2016, an executive of the largest US chemical maker said.

The division generated sales of US$3.5 billion in Asia-Pacific in 2011, with around 36 percent from China. Regional sales may hit US$6 billion by 2016, Jerome Peribere, chief executive of the division, said on Tuesday.


 

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