Rochester, NY 7/10/2009 1:06:49 AM
Afternoon Shakers - DOW - Dow Chemical to Shut 3 Plants
The Dow Chemical Company DOW
Afternoon Shakers - DOW - Dow Chemical to Shut 3 Plants
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The Dow Chemical Company DOW
Last Trade: 14.80
Day's Range: 14.72 - 15.02
52wk Range: 5.89 - 39.99
Volume: 6,804,217
COMPANY "In The News"
Dow Chemical Co. said Wednesday that it is shutting three Louisiana plants that make basic chemicals in an effort to cut costs and to focus on higher-margin products. The shutdowns, which will eliminate 100 employee positions, are part of the cost-savings plan Dow adopted after its $16.3 billion purchase of rival Rohm & Haas Co. ...
COMPANY DETAILS
The Dow Chemical Company engages in the manufacture and sale of chemicals, plastic materials, agricultural, and other specialized products and services worldwide. The company operates in six segments: Performance Plastics, Performance Chemicals, Agricultural Sciences, Basic Plastics, Basic Chemicals, and Hydrocarbons and Energy. The Performance Plastics segment provides automotive products, building solutions, epoxy resins, intermediates and specialty resins, polyurethanes and polyurethane systems, specialty plastics and elastomers, and technology licensing and catalyst products. The Performance Chemicals segment offers polymers, latex, and specialty chemicals.
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