31 Jan 2023 --- Dow has outlined targeted actions to advance the company’s cost structure in response to near-term macroeconomic uncertainty while maintaining its long-term competitiveness across the economic cycle. The company’s actions align with its previously stated plan to achieve US$1 billion in cost savings in 2023. “We are taking these actions to further optimize our cost structure and prioritize business operations toward our most competitive, cost-advantaged and growth-oriented markets while also navigating macro uncertainties and challenging energy markets, particularly in Europe,” says Jim Fitterling, Dow chairman and CEO.
