MIDLAND, MICH. (Oct. 24, 9:45 a.m. ET) — Dow Chemical Co. plans to close approximately 20 of its worldwide manufacturing sites and shed 2,400 jobs as part of a restructuring program. Plastics operations set to be closed include a high density polyethylene facility in Tessenderlo, Belgium, and an epoxy resins facility in Kina Ura, Japan.
North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.
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