AllessaChemie Makes 80 Workers Redundant, Drives Collaborative Innovation in Bid to Return to Growth

Specialty chemicals firm AllessaChemie’s (Frankfurt) heralded growth of a year ago has deserted the firm and in a bid to reduce costs it is now restructuring. The firm’s restructure, the first for more than three years, will lead to 80 redundancies-representing less than 10% of the workforce, says Lukas von Hippel, v.p./sales and marketing for AllessaChemie. Prior to making redundancies the company has already reduced its manufacturing week to 35 hours. “We are reacting to demand,” von Hippel says. Just one year ago the firm had disclosed...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers