NewsFlashUS Dow to close plants, cancel projects, lay off workers

02 April 2012 15:34  [Source: ICIS news]

Dow Chemical under pressureHOUSTON (ICIS)--US Dow Chemical will close several plants, cancel projects and reduce its workforce over the next two years to save about $250m (€188m) annually, the company said on Monday.

Dow said the moves are in response to “continued weakness in the European economy”.

($1 = €0.75)

By: Bobbie Clark
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