BASF reorganisation will result in 120 job cuts by end of 2016

By Kasia Patel
Published: Wednesday, 11 November 2015

The global chemicals manufacturer will create two new business units, paper and water, and oilfield mining solutions, to streamline its portfolio starting on 1 January 2016, which is likely to result in job cuts before the end of the year.

Chemicals manufacturer BASF will extend the streamlining of its portfolio to include water treatment, in addition to oil drilling chemicals, paper, and mining solutions.

BASF said in a statement that the reorganisation will result in around 120 job cuts as the company creates two new business units, paper and water,...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.