	dow dow sees record annual profits in dow chemical co believes strong margins for chemical products could result in record ings this year chairman paul oreffice said i m hoping we will have the best year in our history profit wise he told reporters following a speech at the american institute of chemical engineers meeting i believe the entire chemical industry is headed for a record year or close to it oreffice said in dow ed mln dlrs an increase from s mln dlrs brought about by falling oil prices and resulting cheaper feedstock costs oreffice also said dow s profit margins on chemical products would improve this year over last year he said reduced capacity in the chemical industry and the weakened u s dollar would also contribute to the company s improved performance dow will spending about mln dlrs on research and development in with an emphasis on new specialty chemicals oreffice said reuter 
