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Dow shuts French manufacturing site

Dec. 5, 2007

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Dec. 5, 2007

Dow AgroSciences will shut down its French agrochemical manufacturing site in Lauterbourg. The closure is due to "overcapacity within the industry" and a "disadvantaged cost position", parent company Dow Chemical says. Dow also cites rising pressure from generic competition as a contributing factor. The company has launched an information and consultation process with local employee representatives on the closure project, it adds. The move is part of a $180 million cost-cutting programme, which will eliminate some 1,000 jobs across various Dow Chemical businesses.

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Source: AgroNews

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