Browsing Tag
Dow Inc.
5 posts
Dow is cutting 13% of its workforce, so can Karen Carter rescue the chemicals giant?
Karen Carter becomes Dow chief executive on July 1 with responsibility for 4,500 job cuts, European plant closures and an AI-led operating reset as weak prices and industrial oversupply punish earnings.
Why Evonik is cutting 3,200 more jobs as Europe’s chemical squeeze deepens
Evonik Industries is extending its restructuring through 2029, closing an unprofitable polyester operation and removing thousands of roles as weak demand, high European costs and global competition pressure margins.
Why Dow is cutting 4,500 jobs before Karen Carter becomes CEO
Dow has started notifying employees about job losses under its Transform to Outperform restructuring, placing workforce productivity, automation and margin recovery at the centre of Karen Carter’s leadership mandate.
Valmet secures process analytics role in Dow’s Path2Zero net-zero ethylene project in Canada
Find out how Valmet Oyj’s process analytics will underpin Dow Inc.’s Path2Zero net-zero ethylene project and why execution discipline matters more than ambition.
Dow’s Texas plant disaster forces $500m revenue slash; Market confidence plummets
Dow Inc. has stunned investors by slashing its third-quarter 2024 revenue forecast by a staggering $500 million due…