Dow Chemical to shut down PXC plant
Doors will close by Oct. 31
The closure is result of market factors such as increasing energy and natural gas costs.
“Even though our employees did everything they could to revitalize the business, market realities such as ever-increasing energy prices, natural gas costs, excess capacity and slow growth factors make the decision for Dow to exit this business unavoidable,” said Nawzer Parakh, Site Leader at SCO.
The PXC plant is one of 16 production facilities at the site and makes speciality chemicals that are used in a variety of end-use products such as automotive primers and shoe adhesives.
According to Parakh, the PXC plant employs 40 people, and they will be given the opportunity to work in other areas of the SCO facility.
In the statement released last week, Dow states that the PXC plant represents a small portion of operations at the Hahnville site, and its closure will have little impact on the companies economic contributions to the local community.
After the closure, SCO will continue to operate 15 production plants with more than 2,000 employees and contract employees.
When the evolution curriculum pilot study begins in January, Hahnville High School...
St. Charles Parish Council President Wendy Benedetto is on her way to getting what...
Destrehan attempts to avenge its 2015 jamboree loss to Lutcher Friday night as the...
At Brook Kornegay's house in Luling, watching vivacious kittens pouncing and...
Over 25 Years of Quality Sales, Service and Repairs on YAMAHA, MERCURY, EVINRUDE and JOHNSON Motors.
Valero Energy Foundation donates $100,000 to American Red Cross for flood relief - 556 views
Valero Energy Foundation has donated $100,000 to American Red Cross of Southeast Louisiana to aid flood victims.