Monday, January 05, 2009

World's top chemical makers shrouded with uncertain prospects for 2009

World's top chemical makers are shrouded with uncertain prospects for 2009 triggered by persistently deteriorating demand amid a global economic meltdown coupled with frozen credit markets.
Dow, USA''s largest chemical company is currently going through a restructuring plan - closing 20 plants, suspending work at another 180 factories and laying off 5,000 of its 46,500 employees across 175 countries.

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