An international chemical company with operations in the Baltimore area plans to indefinitely halt production and lay off as many as 100 employees from its Hawkins Point plant because of decreased demand, a spokeswoman said yesterday.Millennium Inorganic Chemicals, a division of Cristal Global, will stop producing titanium dioxide at the plant near Key Bridge at the end of March, spokeswoman Amy Drusano said.
"Some of our biggest customers are paint makers, and they rely heavily on the automotive and home sales markets," she said. "As those sales decline, there is decreased demand for paint and then titanium dioxide."
The company, which has its corporate headquarters in Saudi Arabia and operational headquarters in Hunt Valley, employs about 300 people in the region. The Hawkins Point plant, on 318 acres and in operation under different owners since 1956, uses chlorine to produce titanium dioxide, a white pigment used in plastics, synthetic fabrics, sunscreens and soaps.
It will take workers two to three months to transition the plant, at which point an undetermined portion of the plant's 100 hourly workers will be laid off, Drusano said. The company hopes to resume production when demand increases. There are no plans for layoffs in Hunt Valley or a research facility in Glen Burnie, she said.
[Sigma Forex Practice Accounts] A Free practice account is a great way to experience the Forex market without risking any money.
For Novice Traders
For those who did not trade in the forex market before can get accustomed to following a market, and open themselves to a whole new way to invest, and it also gives them the chance to understand how the trading platform works.
For Regular Traders
For those who are familliar with trading in forex market, a practice account can help them to get use to the particular characteristics of the Forex market or our trading platform.
For Experienced and Professional Traders
A practice account can even help experienced and professional traders as they can test and practice their trading strategies without risking capital.
Generally the Demo Account has the same capabilities of the real account, the only difference between them is that the real account is with real money and the practice account is with virtual money.
Open Now A Free $ 500'000 Account With Sigma Forex and discover a whole new way to invest.
Sigma Account allow you to open Micro, Mini and Standard lot through only one account and trade in Forex Market
In order to register for a practice account, please Download Sigma Forex Platform and open new account as illustrated below and you will have unlimited access to our Platform for the next 30-days.
If you have any problem regarding Sigma Practice Account you can see User Guides or click on the Live Chat button on the right menu and our customer support staff will help you through the process.

No comments:
Post a Comment