BUZZ-Dow falls as company plans European plant closures, 800 job cuts

Reuters
2025/07/07
BUZZ-Dow falls as company plans European plant closures, 800 job cuts

** Shares of chemical company Dow DOW.N down 2.1% at $27.88

** Company says it will shut down three upstream plants in Europe and cut around 800 jobs in response to structural challenges in the region

** Expects charges ranging from $630 million to $790 million, for items including disposal of assets and severance

** Shutdown of the assets is expected to begin in mid-2026 and is estimated to be complete by the end of 2027, with potential decommissioning and demolition to continue in 2029

** Including sessions moves, shares are down 30.4% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))

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