in this issue
People & Business :: Companies
Dow to record restructuring charge of as much as $1.1 billion
10:51 AM MDT | October 31, 2012 | Robert Westervelt
Dow Chemical will record a pre-tax charge in the fourth quarter ranging from $900 million to $1.1 billion related to a restructuring plan announced earlier this month, according to a 30 October regulatory filing. Dow plans to eliminate 3,000 positions and shut approximately 20 manufacturing facilities as parts of the restructuring. Other charges include the write-off of certain capital project spending and an impairment charge related to the write-down of Dow Kokam’s assets. The actions are expected to be completed over the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee