Dow to Close TDI Plant
Dow Chemical has announced it will close its TDI plant in Louisiana, US, because manufacturing toluene diisocyanate (TDI) is no longer economically viable.
Although the company plans to close the plant in the second quarter of 2010, it will continue to supply the organic chemical.
Dow announced plans last December to cut 5,000 jobs, close 20 plants and sell off seven businesses to save $700m in 2010, according to furnituretoday.com.
TDI is a chemical used to make foam for upholstery cushioning and other products such as packaging.