Chemicals giant DowDuPont was slightly lower in early trading on Thursday despite the company reporting a decent set of fourth-quarter results.
Accelerating demand on the back of strong global growth enabled the company to report a 13% rise in sales to $20.1bn.
The company said volumes grew 6% on a pro-forma basis, with increases in all operating segments and geographies on broad-based, consumer-led and investment-driven demand.
Local prices rose 5% on a pro-forma basis, led by increases in all geographies and double-digit gains in industrial intermediates & infrastructure and performance materials & coatings.
DowDuPont also projected changes to US tax rules to translate into a 1-2% reduction in its 2018 tax rate versus previous expectations.