IHS Chemical Week

People & Business :: Companies

PolyOne Cuts Staff, Closes Compounds Plant

7:09 AM MST | January 16, 2009 | Nancy Seewald

PolyOne says it will cut about 370 jobs, 8% of its total workforce, and close its Niagara Falls, ON compounds facility to remain competitive “during a period of weakened demand.” PolyOne says it will also implement reduced work schedules for another 100-300 employees, freeze executive salaries for the year, and idle  some capacity. These moves are in addition to job cuts and plant closures announced last year (CW, Aug. 4, 2008, p. 7). The company had positioned itself at that time for a slowdown that was principally U.S.-based, says Stephen...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa