Dow Announces Plant Closures, Job Cuts

Dow Chemical says it will implement several cost-reduction efforts, including shutting down plants and  laying off approximately 900 employees, in response to “continued weakness” in the European economy. The company says it will shut down three plants that produce Styrofoam-brand insulation products located in Estarreja, Portugal; Balatonfuzfo, Hungary; and Charleston, Illinois. It will also idle a Styrofoam plant in Terneuzen, The Netherlands and close a toluene diisocyanate (TDI) plant in Camaçari, Brazil. Dow anticipates that it will...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers