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More than 3,500 jobs eliminated and 23 of 55 acquired Ciba production sites are under review.
July 6, 2009
By: TOM BRANNA
Editor
BASF has finalized its plans for the integration of Ciba Holding AG, which it acquired in April 2009. Under the plans, former Ciba businesses are to be integrated into the operating divisions in BASF’s Performance Products segment where their potential can best be realized and developed, according to BASF. The restructuring plans include a reduction of approximately 3,700 positions by 2013, the majority of which will be eliminated by the end of 2010. BASF is reviewing strategic optio...
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