Dow Reviews German Plants Amidst Market Slowdown

Dow Reviews German Plants Amidst Market Slowdown

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Dow Reviews German Plants Amidst Market Slowdown

Dow Chemical reviews four German plants, including the Schkopau site with a complex history, as part of a broader European restructuring.

German
Germany
Germany Labour MarketHistoryEconomic RestructuringChemical IndustryPlant Closure
DowBasfTreuhand
Jim Fitterling
What is Dow Chemical currently doing in Germany and why?
Dow Chemical is reviewing its European operations, including four German plants, due to a lack of significant market recovery in Europe and China.
What is the historical significance of the Schkopau plant?
Dow acquired the Schkopau plant in 1995 from Treuhand, which led to job cuts and partial closures. The plant's origins date back to Nazi Germany's autarky policies.
Which German plant with a significant history is affected by Dow's review?
The Schkopau plant in Saxony-Anhalt, with its history dating back to the GDR era, is one of the four German plants currently under review by Dow.
What business segment is the focus of Dow's review, and where are the plants located?
The review focuses on Dow's polyurethane business and will consider the impact on plants in Schkopau, Stade, Böhlen, and Ahlen. The process is expected to conclude by mid-2024.
What are the typical applications of the materials produced at the plants under review?
Polyurethane has wide applications in various industries such as construction and furniture manufacturing.