Admin jobs to go in Kemira rejig

24 June 2002 00:00  [Source: ICB]

Plans by Finnish chemicals group Kemira to spin off its fertiliser business Kemira Agro have prompted a major restructuring of the group's administration and service organisations.

Kemira is to combine the administration and service functions of parent company Kemira Oyj and the chemicals, paints and coatings businesses. The change will involve the loss of an unspecified number of administrative jobs. It was prompted by the decision to spin off Agro into a separate company, in which ownership will be shared with the Finnish government and an external industrial partner.

Agro's administrative and service support will be reorganised in preparation for the new ownership structure and this led to a review of the overall administrative set-up.

About 250 people are employed in administration for the holding company and the core business areas. An unspecified number of people are employed in other areas of administration.

Kemira said in a statement last week that negotiations over job cuts would begin in August.

As part of the streamlining plans, Kemira is to set up a new shared services centre - Kemira Services. It will offer services to the business units for administration, finance and accounting, IT, personnel management and engineering.