Dow adapts to 'slow growth world'

摘要

Dow Chemical revealed it has cancelled nearly 40 projects as well as closed a number of its plants this year in order to drive down costs, particularly in Europe. Some project cancellations and plant closures announced this year have cost Dow $2.5 billion; an outlay which it expects will save it $1 billion in 2013 and impact EBITDA by $500 million.