06 April 2004 14:40 [Source: ICIS news]
LONDON (CNI)--US chemicals firm Huntsman announced Tuesday the reduction of titanium dioxide (TiO2) capacity in the ?xml:namespace>
Capacity of the Umbogintwini,
The capacity cuts, along with associated organisational changes at Billingham,
Neither the cost of implementing the capacity reduction nor the potential cost savings were revealed.
Huntsman said the job cuts include about 160 at
Tom Keenan, president of Huntsman Tioxide, commented: “We have been highly successful over the last few years at streamlining the business to deliver substantial benefits in costs, quality and service efficiency. Along with the recently completed move to a single global SAP platform, we have established a firm foundation from which to further develop the Tioxide business.”?xml:namespace>
He added: “Earlier investments across our manufacturing network have given Huntsman Tioxide the capacity and flexibility to readily meet anticipated market demand for some time to come. As additional market growth materialises, we have many low cost debottlenecking projects that can be implemented in short order.”
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