Dow Inc. announced the closure of three upstream chemical plants in Europe, specifically two facilities in Germany and one in the United Kingdom, as part of a strategy to address structural challenges in the region and optimize regional capacity. The company plans to reduce approximately 800 jobs across these sites, with all closures and job cuts expected to be completed by late 2027. Among the impacted locations is a chemical factory in Barry, Vale of Glamorgan, South Wales, which will see around 220 job losses. The announcement led to a 2.5% decline in Dow's shares during morning trading. The restructuring reflects broader difficulties faced by the chemical sector in Europe.
Another major chemical plant closing in North East with hundreds of jobs lost ….. Another casualty of Net Stupid Zero https://t.co/SMyHYkLItF
A chemicals company has confirmed 220 jobs will be lost as it closes part of its factory in south Wales. The factory in Barry, Vale of Glamorgan, has been producing chemicals since the 1940s. https://t.co/lBzAv1pB46
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