Buy-out hope for Dow plant

Summary


AN AMERICAN company is understood to be in talks to buy one of Dow Chemicals' plants on Teesside, where workers have been concerned for their future after Dow said it wanted to sell or shut the site as part of a global cost-cutting programme.

Sources close to the negotiations say Texan company Third Coast Chemicals is interested in buying Dow 's ethelyne oxide operation at the huge Wilton International Centre. The plant, which supplies other businesses at Wilton, is the only one of its kind in the UK.

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Extract


Buy-out hope for Dow plant

Dow, which employs more than 2...

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