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BASF restructures care chemicals, cuts jobs

6:13 AM MDT | June 13, 2014

BASF has announced a series of measures within its home-care and industrial and institutional cleaning and formulation technologies businesses to strengthen the competitiveness of its performance products segment. These businesses form part of BASF’s care chemicals division. BASF will realign its business models and processes to address differentiated customer needs in standard products and innovative solutions. This realignment will cut about 120 jobs worldwide by mid-2015. “We combine optimized business processes with targeted investments. In this way, we...

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