[PeakOiler]

Reuters Article

$this->bbcode_second_pass_quote('', 'N')EW YORK (Reuters) - Dow Chemical Co (DOW.N: Quote, Profile, Research) will shut a number of plants and eliminate about 1,000 jobs to cut costs and direct capital toward businesses with better growth prospects, the largest U.S. chemical maker said on Tuesday.
...
Dow this year has been hurt by soaring hydrocarbon feedstock and energy costs.

[SILENTTODD]

$this->bbcode_second_pass_quote('', '[')url=http://www.reuters.com/article/ousiv/idUSWNAS368120071204?pageNumber=1&virtualBrandChannel=0]http://www.reuters.com/article/ousiv/idUSWNAS368120071204?pageNumber=1&virtualBrandChannel=0[/url] to cut costs and direct capital toward businesses with better growth prospects, .

[clueless]

$this->bbcode_second_pass_quote('PeakOiler', '[')url=http://www.reuters.com/article/ousiv/idUSWNAS368120071204?pageNumber=1&virtualBrandChannel=0]Reuters Article[/url]

$this->bbcode_second_pass_quote('', 'N')EW YORK (Reuters) - Dow Chemical Co (DOW.N: Quote, Profile, Research) will shut a number of plants and eliminate about 1,000 jobs to cut costs and direct capital toward businesses with better growth prospects, the largest U.S. chemical maker said on Tuesday.
...
Dow this year has been hurt by soaring hydrocarbon feedstock and energy costs.

[3rensho]

$this->bbcode_second_pass_quote('clueless', '[')
I love how these news agencies spin their terms. 99% of the general public has no idea what a "hydrocarbon feedstock" is...

[kpeavey]

One result of companies reallocating resources will be products quietly disappearing from store shelves. While the company may not go out of business, ending a product line in order to stay more competitive means the product produced is unavailable or replaced with the retailers next choice. Lesser quality, more expensive, less user friendly is entirely forseeable as the impact on the end user/consumer.

[static66]

Dows energy bill last year was $22 Billion and that was at the average ppb of $55!!! They were freaking out at $65 and now they are shuttering plants and getting out of the Automotive Adhesives business, once a highly profitable sector for them.... it is almost
Fecal matter on air movement device time.... this is just the start for them and for the Automotive sector in the United States Of Amerika.... hang on.

[MD]

$this->bbcode_second_pass_quote('kpeavey', 'O')ne result of companies reallocating resources will be products quietly disappearing from store shelves. While the company may not go out of business, ending a product line in order to stay more competitive means the product produced is unavailable or replaced with the retailers next choice. Lesser quality, more expensive, less user friendly is entirely forseeable as the impact on the end user/consumer.

[pup55]

$this->bbcode_second_pass_quote('', 'A')utomotive Adhesives business

[pup55]

$this->bbcode_second_pass_quote('', 'A')utomotive Adhesives business

[SD_Scott]

When nat gas gets a bit higher the refiners will be next.

[PeakOiler]

For those 1000 people getting laid off from Dow, I would suspect that the waste material is hitting the rotating cooling device for them. Even if Dow is moving some of their operations to China does not bode well for the US and France, even though it may be better for Dow's short term plans. The US trade deficit will just get a little larger. And anything made of polystyrene (eg.Styrofoam) may soon be more expensive.

[PeakingAroundtheCorner]

$this->bbcode_second_pass_quote('PeakOiler', 'F')or those 1000 people getting laid off from Dow, I would suspect that the waste material is hitting the rotating cooling device for them. Even if Dow is moving some of their operations to China does not bode well for the US and France, even though it may be better for Dow's short term plans. The US trade deficit will just get a little larger. And anything made of polystyrene (eg.Styrofoam) may soon be more expensive.

[cube]

$this->bbcode_second_pass_quote('SD_Scott', 'W')hen nat gas gets a bit higher the refiners will be next.

[static66]

Ever notice that all the refineries are right on the ocean.... as if this whole global warming/ climate change sea level rise is just a lot of nonsense... why would any large corporation spend $6 billion on a refinery that is jeapordized by an incremental sea level rise?? Pup, Dow has been lobbying the automotive industry and everyone else involved to adopt efficiency measures as there costs are absolutely through the roof.... $22 Billion is a real number for them and I would hate to see what it is for 2007.... they are indeed in trouble. FedEx, UPS, Home Depot, Lowes, etc etc... all in a bit of a sticky wicket.

[pup55]

$this->bbcode_second_pass_quote('', 'P')up, Dow has been lobbying the automotive industry and everyone else involved to adopt efficiency measures as there costs are absolutely through the roof