Dow Inc.
Dow Inc. Announces Restructuring Actions and Asset Shutdowns in Europe
Summary
Dow Inc. announced on July 7, 2025, its decision to shut down three upstream assets in Europe and certain corporate assets to rationalize its global asset footprint and improve competitiveness. The shutdowns, expected to be complete by the end of 2027, are part of a restructuring program approved by the Board on June 30, 2025. The program includes asset write-downs and write-offs, exit and disposal costs, and severance and related benefit costs, with total charges expected to range from $630 million to $790 million. The Company also anticipates future cash payments of approximately $300 million to $430 million over the next four years for severance, contract termination fees, and other exit and disposal costs. Implementation costs are expected to range from $260 million to $350 million, with future cash payments of approximately $205 million to $260 million. The Company will involve local stakeholders as defined in each country and in compliance with relevant information and consultation processes.
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About Dow Inc.
Dow Inc. is a leading player in the global chemical manufacturing sector, known for its integrated, market-driven portfolio that delivers a broad range of differentiated science-based products and solutions. Its primary function is to provide materials critical for a multitude of industries, including packaging, infrastructure, consumer care, and electronics. With a robust presence in over 160 countries, Dow leverages its advanced production techniques and research and development capabilities to produce a diverse array of innovative materials, from performance plastics and coatings to silicones and other specialty chemicals. Dow's extensive product offerings cater to various industries by addressing essential needs such as durability, sustainability, and performance enhancement. The company boasts a commitment to sustainability, striving to reduce its environmental footprint while enabling its clients to achieve their sustainability goals. Established as a core pillar in the chemical industry, Dow Inc. plays a vital role in fostering industrial growth and facilitating advancements in technology and efficiency across multiple sectors.
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