Dow Chemical (DOW)

Dow Chemical said it will permanently shut down its 100-kilotonne-per-year capacity toluene diisocyanate (TDI) production plant in Freeport, TX.
Dow Polyurethanes will work with Dow Texas Operations to minimize the impact of this decision on the workforce, the company said. The plant will close because the company found manufacturing TDI is no longer economically viable, reports plasticnews.com. The major outlet for TDI is flexible foam for furniture and bedding.

Feb 10 · 4:48:00 PM · Source: Market Publishers
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by Michael Oliveto