BASF: Closure of Styropor Plant in Spain
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 % of all jobs of BASF Española S.L.
According to the company, the decision to close the Styropor plant does not mean that BASF will retreat from the Iberian EPS market. The company will continue to supply the region with high-quality EPS from Ludwigshafen, Germany and intends to defend its market share.
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