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Dow Announces Plant Closures, Job Cuts

10:23 AM MDT | April 2, 2012 | Rebecca Coons

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...

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Comments (1) for Dow Announces Plant Closures, Job Cuts
first of first serve the product market then set your production and deduct the manpower as per production strategy. reduce manpower and run plant. work on fuel and electricity and other expenses.
Posted by Narendra Dobariya on Tuesday, April 3, 2012 @ 12:02 AM

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