Company News / Breaking News

Rohm and Haas Restructures, Closes Powder Coatings Plant

PHILADELPHIA - Rohm and Haas Company announced restructuring initiatives to further improve the efficiency of its manufacturing network in Europe across several chemical businesses and its Electronic Materials business. The combined restructuring initiatives involve the closing or partial shutdown of manufacturing facilities in the United Kingdom and Germany, and include the elimination of approximately 400 positions from the company's global workforce.

Rohm and Haas Powder Coatings, Reading, Pa., a global market leader for powder coatings, will also consolidate its manufacturing facilities in Europe into three sites, resulting in the closure of its Aldridge, U.K., plant. Production will be transferred to its other European sites in Germany, Italy and Spain.

The proposed consolidation of the powder coating sites is in response to the business' commitment to reducing fixed costs and providing the most efficient and low-cost manufacturing model in support of its sales and marketing investment, and to focus on the goal of restoring sales growth and profitability.

The powder coatings market has been experiencing a number of challenges over the last several years, including over-capacity, lower demand in the ER powder coatings market, a shift in downstream customers from ER to emerging markets and sustained increases in raw material prices, according to Rohm and Haas.

You must register or login in order to post comments.

Multimedia

Videos

Image Galleries

Podcasts

PCI Top 5 - January 12, 2012
PCI's Podcast series on the five most e-mailed/shared articles and stories for the week.

More Podcasts

THE MAGAZINE

PCI Magazine

February 2012 cover

2012 February

PCI's new issue is now available. Check it out!

TABLE OF CONTENTS SUBSCRIBE

Coating Technology

What resources do you refer to when learning about coatings technology?
See Poll Results Poll Archive

THE PCI STORE

Power Coatings
CD Verison: Powder Coatings - Foundation for the Novice Formulator by Kevin Biller for $29.95 plus shipping
ON CD - Powder Coatings have been the fastest growing finishing technology for the past 30 years. In spite of this tremendous growth and the technology advances that come with it, very few technical tools have been provided for the formulator.
More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Virtual Brochures

PageCollageClick to the Virtual Brochures page to view multiple catagories that list downloadable product literature from leading industry suppliers.

STAY CONNECTED

Facebook Twitter  LinkedIn