05/31/2010

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BASF to cut 500 jobs in its pigment business

The measures, which mainly concern azo pigments and phthalocyanines, will begin this year and are expected to be completed by 2013.
BASF currently operates 22 production sites for pigments worldwide. The company will close production plants at six sites in North and South America as well as in Europe, while it will expand existing capacities at six other sites in Asia and Europe. About 320 positions will be cut in Europe by 2013. This will mainly affect the sites in Paisley, UK, and in Grenzach, Germany. About 90 positions will be cut at the South American site in Guaratinguetá, Brazil. At the sites in Louisville, KY, and Elyria, OH, USA, about 80 positions will be laid off.

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