HORGEN, Switzerland (Dec. 17, 2008)—Dow Chemical Co. said it permanently will close three plants previously used to make latex for the carpet backing and paper industries, two of which are in North America.
The company suspended production at the facilities in Pittsburg, Calif.; Varennes, Quebec; and King's Lynn, England, during the second half. In June, when the firm made the announcement, it said the two North American plants employed a total of 35. The company said it was able to redeploy most of the workers at the sites.
Dow Chemical said a cost-benefit analysis, rapidly changing market conditions and the small scale and age of the facilities prompted it to not restart the operations.