Dow Inc. announced on July 7, 2025, its decision to shut down three upstream chemical plants in Europe and reduce its workforce by approximately 800 jobs. These actions are a direct response to persistent structural challenges within the European region. The closures include an ethylene facility in Böhlen, Germany, chlor-alkali and vinyl assets in Schkopau, Germany, and a siloxanes plant in Barry, United Kingdom.
The company stated that these measures are 'cash accretive' and are aimed at right-sizing regional capacity. By removing higher-cost, energy-intensive assets, Dow seeks to enhance its competitive position and improve overall profitability in the European market. This strategic rationalization is part of a broader effort to optimize its global asset footprint.
The decision to close these facilities and reduce jobs reflects the ongoing macroeconomic softness and the lack of long-term competitive regulatory policies in Europe. These actions are expected to contribute to an annual EBITDA uplift of $200 million by 2029, as Dow continues to rebalance its portfolio for enhanced resilience and future earnings power.
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