Nuplex to restructure business units and reduce staff

Citation

(2007), "Nuplex to restructure business units and reduce staff", Pigment & Resin Technology, Vol. 36 No. 1. https://doi.org/10.1108/prt.2007.12936aab.020

Nuplex to restructure business units and reduce staff

Nuplex to restructure business units and reduce staff

Nuplex is to restructure the company to position itself appropriately for future growth. As a result of major technology advances, the business in Bergen op Zoom, Holland has needed to change its direction, resulting in a new management structure, planned staff reduction and reallocation of resources to support future needs. The liquid coating resins business in Silvertown, UK will be closed and production moved to Bergen op Zoom. As a result, there will be some job losses however other site operations remain unaffected. This includes powder resin production where additional investment is currently being planned. Operations of the Specialty Products Group in Seven Hills, Australia will be moved to other Nuplex facilities, sold, or closed during the next few months. Personnel will either be transferred within other Nuplex businesses or no longer required for further operations or included as part of the sale.