03 December 2012 19:22 [Source: ICIS news]
NEW YORK (ICIS)--US-based Dow Chemical’s chief executive Andrew Liveris is optimistic about a positive resolution to the US fiscal cliff, while the company is not feeling any major impact thus far, he said on Monday.
“I am optimistic that we won’t go off the cliff, and there will be more meetings on this that I’m a part of next week,” Liveris said at a media event during Dow’s annual investor meeting.
“We believe there will be a solution that will appease the markets,” he added.
Liveris is the co-chair of
So far, Dow is not seeing any major negative effect over worries about the fiscal cliff, said the CEO.
“Taking a holistic view of this, we are suffering more from the
The key US automotive and construction sectors have additional upside “if we don’t blow the fiscal cliff”, Liveris said.
($1 = €0.77)
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