Job cuts and modernisation at Rhein Chemie - footwearbiz: Leading site

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Job cuts and modernisation at Rhein Chemie

13/07/2007
 
Rhein Chemie Rheinau GmbH, a wholly-owned subsidiary of German chemical company Lanxess, is to invest approximately €7 million to modernise existing units and to construct new production facilities at its Mannheim site. Around 70 jobs are to be eliminated at the site over the next few years.

It is hoped that the measures will save the company €5 million annually.

The company produces and sells products for the rubber, lubricant, plastics and polyurethane industries, and has approximately 900 employees.



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