Pros
Its a big company that can take some amount of downturn before laying off. There is a push to provide more work/life balance, but it has yet to be really embraced. If you are a chemical engineer, you dont have many choices so you just bite the bullet and take what management hands down.
Cons
This used to be one of the best companies to work for. Can I recommend it anymore? NO. I have been with the company for over 15 years and slowly watched benefits and companionship erode. First it was the pension program (switching from traditional to portable) , then it was pay freeze, then health benefits were cut. Stock plan was taken away. Then you had to pay more for the benefits you did have. Then they took away vacation carry over. Most recently, there are no more merit increases (raises) , but they claim to give more of a bonus once a year. If the company does bad, well no bonus. Sound like a place you would want to work? Think hard my firend....