Oct 24 (Reuters) - Chemical company Dow beat
third-quarter profit estimates on Thursday, helped by higher
demand in the U.S. and Canada for certain industrial items such
as polyethylene used in packaging.
Quarterly net sales from its packaging and specialty
plastics segment, its largest by revenue, rose to $5.52 billion,
compared with $5.45 billion from a year ago.
The company said the rise was "led by higher polyethylene
sales primarily for industrial, consumer, and flexible food
packaging in EMEAI and the U.S. & Canada".
Dow's adjusted profit of 47 cents per share exceeded market
expectations by a cent, according to data compiled by LSEG.
(Reporting by Tanay Dhumal in Bengaluru; Editing by Arun
Koyyur)