The nation’s largest chemical firm, Wilmington, Del.-based...
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The nation’s largest chemical firm, Wilmington, Del.-based Du Pont Co., said poor results in its energy division contributed to a reduction in profit of 11% in the fourth quarter, but stronger chemical business results tempered the decline. The company’s overall sales fell because of the slump in oil prices, with fourth-quarter revenue down 12% and annual revenue down 8%. Energy operating income fell 66% in the quarter and 34% in the year.
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