Dow Cuts 800 Jobs, Shuts Major European Facilities To Boost Profit

Dow Inc. (NYSE:DOW) is moving forward with a series of strategic asset closures across Europe as part of a broader restructuring plan to boost long-term profitability and streamline global operations.

The decision, approved by the board, involves winding down operations at an ethylene cracker in Böhlen and chlor-alkali and vinyl units in Schkopau, Germany, and a siloxanes facility in Barry, U.K. The closures will begin in mid-2026 and are expected to conclude by late 2027, with decommissioning continuing through 2029.

The restructuring, first outlined in April, is expected to boost operating EBITDA ...