 鲜花( 0)  鸡蛋( 0)
|
道化工亚省工厂将裁员
9 J: m' Q8 E- ~4 E h# H, [Dow Chemical's Alberta facilities will see layoffs7 M1 l3 l6 e! b' K; R; k `
9 { y& B; T. K
EDMONTON — 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.
8 {( q" ~7 O8 v7 ]% F/ w/ F+ g7 x" d9 e( Y, P
Mary-Lea Crawford, public affairs manager for Dow at Fort Saskatchewan, would not say how many layoff notices have been handed out so far. ( Y# ?8 d) O8 v) \3 d
0 R7 Z: q0 E% y0 ~" wThe 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.6 a% H, C* G% ]( s4 h) u
! [# H, e2 M& I$ I1 W' J" k% j# PDow employs about 630 people in Alberta, with 550 in Fort Saskatchewan with the balance at its Prentiss facility near Red Deer.
; T& }+ r) e' Q4 K+ B+ V* }3 `# Y! w$ m2 N
Dow posted weaker-than-expected fourth-quarter results on Tuesday because demand has plummeted in markets such as the construction, electronics and automotives.
D" ?$ J1 e; \5 S8 R$ F( G, O* m& o2 x8 t
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 $15 billion to acquire Rohm and Haas using proceeds from the joint venture.# `! n0 Q/ I1 [1 U; ?
. e, X+ [9 p+ [$ Q H
Dow’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.9 L6 |3 F8 A0 R9 s
5 { z0 d" f, _* J, @% g C! ?
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.1 @" f+ z, h" k- j! U8 i
6 k1 Z7 l+ `( H1 eDow argued the agreement was not binding, because it was impossible to carry out “without jeopardizing the very existence of both companies.” |
|