In response to the current economic climate, The Dow Chemical Co. has announced it will eliminate approximately 5,000 full-time jobs, close 20 facilities in high-cost locations and divest several non-strategic businesses.
Dionex Corp. has announced that Lukas Braunschweiler has notified the Board of Directors of his resignation as President and Chief Executive Officer, effective May 31, 2009.
DuPont has announced further actions to address current market challenges and strengthen the company’s competitiveness in 2009, including continued focus on maximizing cash flow, and provided earnings guidance for the fourth quarter 2008 and the full year 2009.
Datacolor has announced that parent company Eichhof Holding AG in Switzerland will sell its remaining real estate business interests, leaving Datacolor as the only operating company and paving the way for Eichhof Holding to rename itself with the Swiss stock exchange as Datacolor AG.
According to a new study by The Freedonia Group, natural polymer demand is expected to grow 7.1 percent annually to $4.0 billion in 2012, or 1.75 billion pounds.
Robert K. Asdal, Executive Director of the Hydraulic Institute (HI), has announced that six new organizations have joined the team of member and associate-member companies during 2008.
Cytec Industries Inc. has announced it will be moving its production of monomers in 2009 from a plant in Pampa, TX, to its multifunctional monomers and oligomer plant in North Augusta, SC.
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