BASF to reposition its global pigment business
Overcapacities will be reduced, the product portfolio streamlined
“At six sites in North and South America as well as in Europe we will close individual production plants. At six other sites in Asia and Europe, we will expand existing capacities or make better use of them,” explained Dr. Markus Kramer, President of BASF’s Dispersions & Pigments division.
In Europe, about 320 positions will be cut by 2013. This will mainly affect the sites in Paisley, Great Britain, and in Grenzach, Germany. About 90 positions will be cut at the South American site in Guaratinguetá,Brazil. The redundancies at our North American sites in Louisville, Kentucky, and Elyria, Ohio, will total about 80 positions.
“By streamlining our portfolio we will mainly eliminate overlaps within our combined portfolio. At the same time we are reducing overcapacities,” said Andreas Türk, Group Vice President of the BASF unit Global Restructuring Management Pigments. All sites that are not directly involved in the production consolidation process will undergo regular checks establishing optimization potential.
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