Basf is changing the organizational set-up of its paper chemicals business to strengthen its competitiveness and better meet the needs of the paper industry.
As of January 1, 2015, the Paper Chemicals division will be dissolved. The current headquarters of the Paper Chemicals division in Basel, Switzerland will be closed by the end of 2014. Overall, there will be a reduction of about 50 positions globally as a result of the implementation of the new set-up. The business will be continued in other divisions of the Performance Products segment as follows:
- The wet-end chemicals and kaolin businesses will be integrated into the Performance Chemicals division, supplementing the polyacrylamide value chain. A new global business unit «Paper Chemicals» will be established within the Performance Chemicals division. Basf is evaluating strategic options for its paper hydrous kaolin business.
- The wet-end chemicals and kaolin businesses will be integrated into the Performance Chemicals division, supplementing the polyacrylamide value chain. A new global business unit «Paper Chemicals» will be established within the Performance Chemicals division. Basf is evaluating strategic options for its paper hydrous kaolin business.