The Dow Chemical Company announced that it intends to close its ethylene oxide and ethylene glycol (EOEG) production facility at Wilton, United Kingdom by the end of January 2010. The site employs 55 people. "A comprehensive review of potential options was conducted, which included seeking a buyer for the site and engagement with industry leaders, regional and government groups to identify alternatives to a shutdown. A workable option was not identified" said Malcolm Wilson, Site leader, Dow (Wilton) Ltd.
Several factors contribute to the intention to close the Dow Wilton EOEG plant, including the site's disadvantaged input costs. In addition, demand and profit margins for the site's outputs, particularly monoethylene glycol (MEG), began to soften in early 2008. MEG economics have been significantly worsened by the global economic recession, further placing the Wilton site at a disadvantage.
09-Jul-09 
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