Dow to shut down three European chemical plants: a response to high costs and weak demand

Why Dow Is Taking These Steps:

• Reducing capacity in Europe is intended to help better balance supply and demand
• The aim is to eliminate energy-intensive and costly parts of the portfolio
• The company wants to focus resources on more profitable products and regions
• This also includes optimising the global portfolio and increasing margins

The closure process is scheduled to begin in mid-2026. Operations are expected to cease completely by the end of 2027, while dismantling and any demolition may continue until 2029. Approximately 800 jobs will be affected. Total restructuring costs are estimated at 630 – 790 million USD. 

Over the past decade, Dow has repeatedly demonstrated its willingness to divest less strategic or excessively costly assets. This step is therefore seen as part of a long-term strategy to maintain competitiveness and profitability in the challenging European chemical industry environment. The company has also pledged to work with local partners and follow consultation processes in accordance with each country's legislation.