19 April 2011 21:48 [Source: ICIS news]
HOUSTON (ICIS)--Automaker ?xml:namespace>
Production will be suspended on Mondays and Fridays from 26 April to 3 June. During that same period, production will run at 50% on Tuesdays, Wednesdays and Thursdays, the company said.
Additionally, production at
The production cuts are a continuation of previously announced suspensions during the period 15 April through 25 April.
No layoffs are planned during the suspension period, the company said.
“We are trying to continue production as much as possible and keep our workforce intact in order to facilitate a smooth transition back to full production when all parts are available,” said Steve St Angelo, executive vice president at
The automobile industry is a large end-market for materials such as polypropylene (PP), nylon, acrylonitrile butadiene styrene (ABS), polyurethane flexible foam, synthetic rubber and paintings and coatings.
Toyota has 13 plants, including engine and parts plants, in North America.
Paul Hodges studies key influencers shaping the chemical industry in Chemicals and the Economy
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 |