Cost Reduction Program Initiatives
Initiating a $50 million cost reduction program in the Polyurethanes business by the end of the year, adding to the $280 million in costs reduced over the past few years.
North American Housing Impact
Improvement in North American housing and construction is expected to significantly impact earnings positively, with falling interest rates potentially aiding this sector.
Performance in Asia and Middle East
Expectations of gradual improvement in markets across Asia and the Middle East in 2025, with opportunities growing as they sort out conflicts and housing bubbles.
Dividend from SLIC China JV
Received a $35 million dividend related to the SLIC China JV acquisition, impacting free cash flow positively.