23 May 2013 15:02 [Source: ICIS news]
LONDON (ICIS)--Ford plans to end local manufacturing in ?xml:namespace>
Ford will close its two plants near Melbourne - Broadmeadows and
Car manufacturing is an important end market for chemicals and plastics. The American Chemistry Council (ACC) estimates that each automobile contains an average of $3,297 worth of chemicals such as acrylonitrile-butadiene-styrene (ABS), nylon, polycarbonate (PC) and others.
Ford added that despite the plant closures the company and its dealer network would remain a significant employer in
($1 = A$1.03)
Additional reporting by Mark Yost
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