Rising costs lead to Lanxess job cuts
05/02/2008
As a result of “constantly rising energy and raw material costs”, Germany-based chemicals group Lanxess has decided to cease producing Nitrile Rubber (NBR) — which is used in the manufacture of footwear and technical products — at its Canadian site in Sarnia in the second quarter of 2008 and move production to its French site of La Wantzenau. The decision will lead to the loss of 270 jobs in Canada.