Dow Q1 Income, Revenues Climb Sharply

Midland, MI, April 28, 2010--Dow Chemical reported first-quarter income of $466 million, or $0.41 per share, up from $24 million, or $0.03 per share, a year ago.

The nation's largest chemical maker says its revenue climbed 48% to $13.42 billion from $9.04 billion. Both its earnings and revenue beat Wall Street estimates.

Dow said it benefited from growing demand and price increases.