BASF realigns global business with basazol paper dyes

BASF realigns global business with basazol paper dyes

4:36 PM, 25th May 2011
BASF realigns global business with basazol paper dyes

LUDWIGSHAFEN, GERMANY: As part of the strategic realignment of the Paper Chemicals division, BASF will be closing down its production facility for the manufacture of basazol dyes at the Ludwigshafen (Germany) site. In future, the demand for paper dyes in Europe will be served completely from the two global production sites in Ankleshwar (India) and Altamira (Mexico).

 

“With this decision, we are adjusting our production structures to the changing conditions on the worldwide market. Our global positioning strategy is aimed at restoring our paper chemicals business to international competitiveness,” explained Dr Fred Baumgartner, President Paper Chemicals division.

 

The planned restructuring will affect 42 full time jobs at the Ludwigshafen site. Employees will receive a new workplace at the site. This change completes BASF’s restructuring of its paper dye business at the global level.

© WOC News

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