19 December 2008 00:12 [Source: ICIS news]
HOUSTON (ICIS news)--Dow Chemical's Seadrift rubber plant in Texas will close early next year, a company spokeswoman said on Thursday.
Plant spokeswoman Trish Ritthaler said many of the plant's 700 employees would be moved to other Dow sites. "They're looking to try and re-deploy people wherever they can," she said.
Ritthaler said there would be layoffs before the plant closes but that a news report earlier this week saying 50 employees would be cut was not accurate.
She said it would be early 2009 before the company determined the exact number of layoffs.
Dow's Seadrift site makes rubber for the automotive industry.
Earlier this month Dow announced cost-cutting moves to deal with the recession, saying it would eliminate 5,000 full-time jobs and 6,000 contractor positions company-wide, close 20 plants for good and idle 180 sites.
In addition, Dow said it would cut 4,000 contractor positions at its massive Freeport, Texas, plant.
But earlier this week Charlie Singletary, business manager at International Union of Operating Engineers Local 564, said he learned from Dow that it was planning to keep about 2,000 of the contract employees on the job in Freeport when cuts are made in early January.For more on Dow visit ICIS company intelligence
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections