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2007-07-12 News Release
Chemicals group realigns unit Rhein Chemie, a wholly owned subsidiary of chemicals group LANXESS, invests in production facilities and reduction in personnel costs at Mannheim site.
Following negotiations with employee representatives, the management of Rhein Chemie Rheinau GmbH, a wholly owned subsidiary of chemicals group LANXESS, one of the leading European chemicals suppliers, has adopted a comprehensive realignment program. This further strengthens the company’s core business in the areas of specialty chemicals and innovative service concepts. Rhein Chemie is to invest around EUR 7 million in the modernization of existing units and the construction of new production facilities at its Mannheim site. At the same time, the program is designed to save EUR 5 million annually - through both the modernization of facilities and reductions in personnel costs. In total, some 70 jobs are to be eliminated at the Mannheim site in the next few years. This is to be done in a socially responsible manner. Rhein Chemie produces and sells products for various sectors of the rubber,
lubricant, plastics, and polyurethane industries worldwidewith an approximately
900-strong workforce. Chemicals Engineer Jobs - Post Employment Opportunity!
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