Dow化工亚省工厂将裁员

枫情万种

道化工亚省工厂将裁员
, L, r6 g# H2 A+ m0 `6 A: aDow Chemical's Alberta facilities will see layoffs
; Q9 L  I0 q9 r( z1 h
8 q3 A" H; m4 R! kEDMONTON — Some employees at Dow Chemical’s Alberta facilities have been notified they will be laid off but the full extent of the job cuts won’t be known until late next week, a company spokesperson said Wednesday.

Mary-Lea Crawford, public affairs manager for Dow at Fort Saskatchewan, would not say how many layoff notices have been handed out so far.
9 \2 \* d, M( u# m/ j- x% v. C
% i  b! W. P8 c( U5 zThe cuts are not expected to be as deep as the 11-per-cent target announced by the U.S.-based company in December, she said.

Dow employs about 630 people in Alberta, with 550 in Fort Saskatchewan with the balance at its Prentiss facility near Red Deer.
- c3 h( A5 b: }$ P
- q+ N" T2 v% h* a% |# y3 EDow posted weaker-than-expected fourth-quarter results on Tuesday because demand has plummeted in markets such as the construction, electronics and automotives.
/ {9 ~+ ?2 \6 c
1 k2 D) X* ?  ~Dow has tried to revamp its earnings profile over the past two years, first by announcing plans to sell a 50- per-cent stake in its cyclical basic plastics business to Kuwaiti investors for more than $9 billion. Then, in July, it announced plans to spend more than $15 billion to acquire Rohm and Haas using proceeds from the joint venture.
% I% ^. }% U/ s
* C. k2 N7 v3 p$ Q/ u8 _4 I$ LDow’s plans faltered when Kuwait backed out of the joint venture. Rohm and Haas said its merger agreement with Dow, was not contingent on the Kuwait transaction.

Philadelphia-based Rohm and Haas sued Dow in a bid to force the deal to close. Dow filed its response to the lawsuit on Tuesday.
5 I1 t6 J. }, ~# g
" {- T3 o$ M; O$ {/ g9 TDow argued the agreement was not binding, because it was impossible to carry out “without jeopardizing the very existence of both companies.”

一个人游逛

icing