BASF to Close the Styropor (EPS) Plant
BASF to close the Styropor (EPS) plant and further adjust its production services at its Tarragona site
85 BASF jobs affected
Measures to safeguard sustainable future of BASF in Tarragona, Spain
Iberian Styropor market to be supplied from Ludwigshafen, Germany
BASF will shut down the Styropor® plant (EPS, expandable polystyrene) at its site in Tarragona, Spain. The closure is scheduled for August 2009. As a direct consequence of the plant closure and due to the current downturn in BASF's key markets in Spain, the company will also adjust the structure of production services in Tarragona. In total, 85 BASF employees working in production and related services such as maintenance, engineering and logistics are affected by these measures. This amounts to 9 percent of all jobs of BASF Española S.L..
The Styropor plant has become uneconomical due to its relatively small production capacity which has resulted in an unfavorable cost-structure. “The decision to close the Styropor plant does not mean that BASF will retreat from the Iberian EPS market," said Giorgio Greening, head of the Global Business Unit Foams. "BASF will continue to supply the region with high-quality EPS from Ludwigshafen, Germany and intends to defend its market share”
85 BASF jobs affected
Measures to safeguard sustainable future of BASF in Tarragona, Spain
Iberian Styropor market to be supplied from Ludwigshafen, Germany
BASF will shut down the Styropor® plant (EPS, expandable polystyrene) at its site in Tarragona, Spain. The closure is scheduled for August 2009. As a direct consequence of the plant closure and due to the current downturn in BASF's key markets in Spain, the company will also adjust the structure of production services in Tarragona. In total, 85 BASF employees working in production and related services such as maintenance, engineering and logistics are affected by these measures. This amounts to 9 percent of all jobs of BASF Española S.L..
The Styropor plant has become uneconomical due to its relatively small production capacity which has resulted in an unfavorable cost-structure. “The decision to close the Styropor plant does not mean that BASF will retreat from the Iberian EPS market," said Giorgio Greening, head of the Global Business Unit Foams. "BASF will continue to supply the region with high-quality EPS from Ludwigshafen, Germany and intends to defend its market share”
quoted from: New Kaznak
