Article: NEWSCLIPS.(News)

Clariant Corp. shutting two factories

CHARLOTTE, N.C. Responding to overcapacity in a North American market still affected by the economic downturn, Clariant Corp. said Oct. 2 it will close masterbatch plants in Lachine, Quebec, and Milford, Del. Work will shift to existing plants, principally in Albion, Mich., and Toronto, the firm said.

Production at the Lachine site is expected to end in December. Production in Milford will be phased out gradually and halt altogether in mid-2010.

"As the automotive and construction industries nosedived, so has the demand for many of the products produced in our Milford facility, said Steve Snow, head of ...

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