Tag Archives | restructuring

Tsunami.jpg

After the tsunami comes a new wave

Few have been hit harder by the global financial and economic crisis than Japan. Its export-based economy heavily exposed to automotive and electronic goods came under severe pressure and challenges persist. However, this economic tsunami will put a charge into the pace of structural reform – it is already happening in Japan’s chemical industry with […]

Continue Reading
Ciba.jpg

BASF moves reflect global chemical manufacturing shift

Nowhere is the global tectonic shift in chemical manufacturing more apparent than in the largest chemical company’s latest restructuring and expansion moves. Germany’s BASF, which acquired Swiss specialty chemical giant Ciba for $5.1bn in April, laid out its massive restructuring plan last week. The bottom line – 23 out of 55 acquired production sites will be […]

Continue Reading