Dow confirms France PBD factory closure

15 May 2008 15:51  [Source: ICIS news]

LONDON (ICIS news)--Dow will permanently shut down its cobalt-polybutadiene (PBD) rubber assets in Berre L’Etang, France, at the end of this week, as announced in February as part of cost-cutting efforts, a company source confirmed on Thursday.

  

“The plant will shut down at the end of this week and will prepare for demolition in the coming weeks,” the source added.

 

PBD is used in tyre tread and sidewall compounds, conveyor belts, footwear, golf balls, a variety of mechanical goods, as well as for impact modification of polystyrene.

 

($1 = €0.65)

 

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By: Linda Naylor
+44 20 8652 3214

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