Colleagues returning from the EPCA conference in Berlin spotted Third Coast
executives entering a meeting with people from Dow Chemical. Could it be that the two companies are negotiating together with direct input from UK business secretary, Peter Mandelson
, to rescue Dow's ethylene oxide/ethylene glycol plant at Wilton, Teesside?
This would explain why Stan Higgins, CEO of industry group the North East Process Industry Cluster
was so adamant that no deal was being struck. Also why a government spokeswoman was also so sure. Could Mandelson simply be by-passing his own department?
Dow's plant is scheduled for closure in January (see earlier entries).