Dow Idles Latex Production in North America and U.K.

Dow Chemical says it will idle latex production at its facilities at Pittsburg, CA and Varennes, Quebec by year-end and supply latex from its other North American locations. The company says it does not anticipate any disruption in supply. Dow also plans to idle production at its King’s Lynn, U.K. latex plant by September 1, due to oversupply, low capacity utilization at the King’s Lynn site, and increasing energy and raw materials costs. Dow says it has not yet determined the number of job cuts from the closures but will do so following a 30-day...

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