World News and Views :: Projects
Solvay Reorganizes Fluorohemicals Unit...
2:44 PM MST | November 7, 2007 | Chemical Week Editorial Staff
Solvay says it is reorganizing its fluorochemicals business to focus on high value-added specialties while scaling back its participation in refrigerant gases. The company will scale back its operations at Hannover, Bad Wimpfen, and Frankfurt Germany; Porto Marghera, Italy; and Tarragona, Spain. Solvay says it is considering “all feasible solutions” for the 730 employees currently working at the sites but that it expects to cut about 250 jobs. Solvay cites “adverse developments” in the market, particularly low-cost competition from Asian...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee