DOW Belgium

Type
Closure
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (BE); Arr. Hasselt
Location of affected unit(s)
Tessenderlo
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20.1 - Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms
20.16 - Manufacture of plastics in primary forms
115 jobs
Number of planned job losses
Job loss
Announcement Date
23 October 2012
Employment effect (start)
15 December 2012
Foreseen end date

Description

DOW Belgium, subsidiary of the American multinational chemical company DOW, announced plans to close its high density polyethylene facility in Tessenderlo, Belgium. 115 jobs are to be lost.

The closure is part of a global cost-cutting restructuring plan envisaging approx. 2,400 job cuts.

According to the sources the company plans to close the site by 15th December 2012. 

Sources

  • 23 October 2012: DOW (press release)
  • 24 October 2012: Deredactie
  • 7 November 2012: Nieuwsblad

Citation

Eurofound (2012), DOW Belgium, Closure in Belgium, factsheet number 75947, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/75947.