Dow Chemical to slash 2,400 jobs, close 20 plants

Policy   Natural Gas
on October 24, 2012

MIDLAND, Mich. (AP) — The Dow Chemical Co. will eliminate about 2,400 jobs and close roughly 20 manufacturing facilities as part of a restructuring plan aimed at coping with slowing economic growth in Europe and elsewhere.

Tags: 
Business
Materials
Production facilities
Industries
Corporate news
EnergyGuardian is a subscription energy news service. Sign up below to apply for a free 14-day trial. If approved, you will receive an email from us to activate your account and enable access to this Web site and delivery of our enhanced morning, afternoon and breaking news alert emails.

If you have questions, please email sales@packardmedia.com.

To start your free 14-day trial, fill in the form below.

News from Around the World

Politics

McCarthy, HEAT lead GOP push for renewables

Source: 
National Journal

House Majority Whip Kevin McCarthy, R-Calif., said the House Energy Action Team has discussed renewable energy as part of energy legislation that could attract Democratic support, National Journal reports.

Link
Policy

House bill seeks federal plan for climate change's health risks

Source: 
The Hill
Rep. Lois Capps, D-Calif., and other Democrats introduced a bill that would require the federal government to develop a strategy to respond to the health risks of climate change, The Hill reports.
Link
Politics

GOP lawmakers compare EPA FOIA processes to IRS scandal

Source: 
The Hill

Republican lawmakers sent a letter to Acting EPA Administrator Bob Perciasepe comparing the agency's information request procedures to the IRS's targeting of conservative groups, The Hill reports.

Link
Oil

Texas joins Gulf states in BP suit

Source: 
Reuters
Texas became the fifth state to sue BP for damages related to the 2010 oil spill, Reuters reports.
Link
Natural Gas

EU plans review of fracking this year

Source: 
Reuters
European Union Energy Commissioner Guenther Oettinger said the EU would review the potential risks and benefits of hydraulic fracturing this year, Reuters reports.
Link
Natural Gas

Chesapeake taps Andarko executive for CEO

Source: 
The Wall Street Journal
Chesapeake Energy Corp. has named Andarko executive Robert Douglas Lawler to succeed founder Aubrey McClendon, The Wall Street Journal reports.
Link
Policy

Shore restoration plans have high costs, other concerns

Source: 
The New York Times
Federal plans to rebuild shorelines demolished by Hurricane Sandy have high costs, could threaten the environment and have high upkeep costs, The New York Times reports.
Link
Natural Gas

ND fracking prompts fight over water market

Source: 
Reuters
Though water supplies are plentiful, the surge of hydraulic fracturing in North Dakota has prompted a battle between water providers and a government-back cooperative over who should supply water for the process, Reuters reports.
Link
Nuclear

Funding cuts to shutter MIT nuclear fusion projects

Source: 
The Boston Globe
The Massachusetts Institute of Technology's experimental study of nuclear fusion as an energy source will close within a year after a cut in federal funding, The Boston Globe reports.
Link
Politics

Greens want Organizing for Action to oppose Keystone

Source: 
Politico

Environmental activists called on Organizing for Action, the political group built from President Obama's campaign, to press the administration against approving the Keystone XL pipeline, Politico reports.

Link
  • © 2013 Packard Media Group LLC
  • All Rights Reserved