Dow, BASF workers infected, the outbreak affected the international large-scale enterprises to cut spending!

A contractor tested positive for COVID-19 after working at the Dow plant in Prakaimin, a spokesman for the U.S. Special Welding Services Corporation (SWS) said recently.
Dow Chemical said in a statement that SWS employees infected with the virus worked only in one production unit of the plant's LHC plant between March 2 and March 11, which poses little risk to others outside the contractor's team.
Dow and SWS both said all workers in close contact with the worker had been tested for the virus.
they will isolate themselves until all test results are obtained.
March 17, Dow Chemical announced its response plan.
will not "circle" key personnel at its Prakaimin plant because it can have a negative impact on employees and their families.
head of chemistry said Dow would not close the Prakaimin plant.
, however, will comply with CDC and World Health Organization (WHO) guidelines to ensure employee safety.
The recent outbreak, the number of confirmed cases of neo-crown pneumonia in the world has exceeded 200,000, Italy, Spain, the Czech Republic, France, Switzerland and other 35 countries declared a state of emergency, the chemical industry also has a lot of employees "recruitment", or in the process of isolation problems, for individuals, families, enterprises and even society have caused some impact.
BASF confirmed a case of global chemical giant BASF said on March 8th local time in Germany that an employee at its Ludwigsh port plant had confirmed that he had contracted the new coronavirus and that the infected person and his close contacts (other BASF employees) were now in isolation at home.
said its medical services department would continue to work closely with local health authorities and was in consultation with labor authorities to consider further measures.
, a company spokesman told the media the same day, without further notice, the company has no plans to close the factory for the time being.
's measures to prevent and control the new coronavirus, BASF responded on Twitter that the company currently prohibits employees from traveling to high-risk areas and must be quarantined at home for 14 days if employees return from business or personal reasons.
Pangang Chongqing titanium industry confirmed 2 cases, 131 people in close contact with the early morning of February 14, an emergency notice for the management committee of Da foot industrial park said that February 10, Banan District Pansteel Chongqing titanium industry company "due to the resumption of work in strict accordance with the city's epidemic control requirements for management, a serious incident of a cluster outbreak occurred, the company 2 cases confirmed, 1 case of asymptomatic positive infection, resulting in 131 people close contact."
Da foot industrial park management committee related people said that it is true, according to this person, the current Pansteel Chongqing Titanium Company has been the whole blockade isolation, its Banan District, Ma Liujiang Development Zone is strengthening enterprise inspection.
" According to the notice we have received, the company has been quarantined and production stopped.
" Bayer employees are not segregated according to regulations, was quickly dismissed recently, an Australian Chinese female staff returned to Beijing after the unexpected run and do not wear masks.
to the community epidemic prevention staff persuasion, the woman not only did not listen to advice, but also shouted "life-saving harassment."
police then arrived to warn him that they must be isolated from their homes for 14 days and not allowed to go out.
the evening of March 17, Bayer (China) Co., Ltd. said on its official microblog that Bayer has always complied with the laws and regulations of the country in which it operates and firmly supports the Chinese government and people's anti-epidemic actions.
the video circulating online, Bayer verified it in the first time.
the investigation, the person involved is indeed a Bayer employee.
, Bayer states that the employee's resignation will take effect immediately.
spread of the epidemic, shutdowns between industrial chain faults and increasing numbers of confirmed cases, Europe has become the center of the global outbreak.
Italy's industrial and economic centers affected by the outbreak, the region's closure, the impact on Italian production and manufacturing, but also caused some industries supply fault.
Italy's industrial areas are just the tip of Europe's iceberg.
U.S. stocks triggered the fourth fuse in history, crude oil futures fell more than 30%, Saudi Arabia launched the "oil price war" and other factors often in, causing global capital market shocks, but also the domestic oil and gas, chemical industry chain has been hit.
Chemical industry chain is long, derivatives, if the outbreak in Europe and the United States and other countries continue to worsen, multi-party trade unions caused a decline in foreign market demand, resulting in reduced demand for chemical raw materials, affecting the import and export of domestic chemicals and the entire industrial chain.
The outbreak has raised concerns in the industrial chain, with chemical companies cutting back on spending and the United Nations Conference on Trade and Development saying recently that, in addition to the most immediate impact of the loss of consumer and investor confidence, falling asset prices, reduced overall demand, increased debt pressures and unequal distribution of earnings could lead to a more aggressive economic decline.
Preliminary analysis suggests that the new crown outbreak will reduce global revenues by $2 trillion, with developing countries other than China losing $220bn, oil and other commodity exporters the hardest hit, with growth losses of more than 1 per cent and other countries with close trade with the economies initially affected.
that the spread of the new coronavirus has also affected the chemical industry.
in the chemical industry, a number of companies have announced spending cuts or delayed restructuring to deal with the impact of the new crown outbreak on revenue.
: Global chemicals growth is expected to be 1.2 per cent, significantly lower than the previous year's level, and BASF said 2020 remains a challenging and uncertain year due to a number of uncertainties.
, the biggest uncertainty comes from the new coronary pneumonia outbreak.
has warned that the outbreak could lead to global chemical production growth falling to its slowest pace since the financial crisis.
also forecast that global economic growth would be 2.0 per cent, down from 2.6 per cent in 2019, as a result of the new crown pneumonia.
forecasts global chemical production growth of 1.2%, significantly lower than the 1.8% growth rate in 2019.
would be the slowest increase since the financial crisis.
Basf's headquarters plant, the world's largest integrated chemical complex, has 110 production facilities and approximately 200 production facilities, including lemon aldehyde (VA, VE core raw materials, BASF supplies about 80% of the world's lemon aldehyde), VA, VE, TDI and other production capacity can affect global supply.
if BASF were to stop production, it would affect 80% of the world's supply of vitamin chemicals! So far, BASF Group said: the company will comply with local health department requirements, the infection and close contacts isolation, the current production operations have not stopped, has not affected BASF.
DuPont: DuPont cut sales guidance for the first quarter of 2020 and the full year despite a surge in demand for DuPont protective clothing from the new crown outbreak.
DuPont told jpmorgan's industry conference that first-quarter sales were expected to be between $5 billion and $5.1 billion, up from a previous guidance of $5.1 billion to $5.2 billion.
expected to be $21.3 billion to $21.8 billion in full-year sales in 2020, up from an earlier estimate of $21.5 billion to $22 billion, based on the impact of the new crown outbreak in the first quarter.
said it was not possible to quantify the impact of the new crown outbreak after the first quarter.
, DuPont is looking for more ways to cut costs beyond its previous estimate of $90 million.
: Exxon Mobil, which plans to slash spending, said recently that it wants to slash spending because of the market impact of the new crown outbreak and falling commodity prices.
Based on this unprecedented environment, we are evaluating all appropriate measures to significantly reduce capital and operating expenses in the near future," said Darren Woods, chairman and chief executive of ExxonMobil.
the plan is finalized, we will outline it.
" Solvay, the Belgian chemical group that plans to cut costs by 350 million euros, said the new crown outbreak, the shutdown of the Boeing 737 MAX and the weak economic outlook would adversely affect its core earnings.
Solvi forecast earnings before interest, tax, depreciation and amortization (EBITDA) of 0 to -3 per cent this year and said it would fall by a high single digit in the first quarter alone.
said Solvay remained confident of achieving median annual underlying EBITDA growth between 2020 and 2024.
Alsorvi also noted plans to restructure its materials, chemicals and solutions business last year, raising its medium-term cost-cutting target by at least 350 million euros, up from 300 million to 350 million euros previously.
: Lanxess, the German maker of specialty chemicals that is expected to reduce Q1 profits by more than $20m, said its core profits were expected to fall in 2020 as a result of the global coronavirus outbreak, which will damage its supply chain and delivery chain.
forecast a profit of more than $20 million in the first quarter of 2020.
, whose products include construction pigments and engineering plastics, expects its 2020 EBITDA to be between 900 million and 1 billion euros, of which between 50 million and 100 million euros will be affected by the new crown outbreak.
LG Chem: Delayed battery business spin-off The company said recently that LG-Chem, a South Korean chemical company and battery maker, is considering delaying the separation of its key battery division as the number of new coronavirus infections continues to climb in South Korea and other major economies.
LG-Chem has decided to hold off on splitting up the company's battery business, given the growing obstacles and uncertainties facing the company," said an official familiar with the matter.
"while coronavirus is affecting all aspects of its business, the company's long-term growth opportunities remain."
LG Chem still relies on its petrochemicals, and the chemical industry is not very good in many ways.
virus is affecting the U.S. auto industry, which could disrupt parts supply or model production.
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