Dow化工亚省工厂将裁员

枫情万种

道化工亚省工厂将裁员
Dow Chemical's Alberta facilities will see layoffs

: ]- p9 G, p7 N$ 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.
% L% u5 M4 u3 }4 @7 b2 R1 w
8 ~$ h' c. f8 g7 ?/ t7 q2 [Mary-Lea Crawford, public affairs manager for Dow at Fort Saskatchewan, would not say how many layoff notices have been handed out so far.
. p- J: C% j4 T7 z
8 Q" d5 D; x/ CThe 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.
8 @" ^0 Q3 E9 q% n% H' S
Dow employs about 630 people in Alberta, with 550 in Fort Saskatchewan with the balance at its Prentiss facility near Red Deer.

* K+ C2 l6 f0 R+ i4 [0 ~7 _Dow posted weaker-than-expected fourth-quarter results on Tuesday because demand has plummeted in markets such as the construction, electronics and automotives.
) k* I) d7 L4 s/ J, j2 L
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.
* N3 N8 I7 A# R7 N5 z
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.
  u+ B- t( p/ a! a- b& {2 R
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.
- f: ]/ G4 I" Z/ g: Q
( }: ?4 p/ w8 }+ mDow 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