BOSTIK
Adhesives specialist to shutter German plant / Relocation of polyurethane foam and sealant production
By Plasteurope.com staff
German adhesives specialist Bostik (Borgholzhausen; www.bostik.com) has announced plans to close down its domestic branch in Schwepnitz by the end of 2025.
German adhesives specialist Bostik (Borgholzhausen; www.bostik.com) has announced plans to close down its domestic branch in Schwepnitz by the end of 2025.
Lights out for the Bostik plant in Schwepnitz, Germany (Photo: Bostik) |
While the Arkema (Colombes, France; www.arkema.com) subsidiary did not provide information on how many employees have been affected by the closure, it said production will gradually be shifted to other sites. According to Bostik, polyurethane foam will move to Buftea, Romania, and its silicone activities will be transferred to its German site in Borgholzhausen, which the company plans to expand for this purpose, and to Oosterhout in the Netherlands.
Related: Construction activity in Eurozone takes another dive in March
The company said the measure is part of its strategy to concentrate technological areas of focus at individual production sites. Considering the slump in the construction sector, financial reasons likely came into play.
— Translated by Heather Arnest Liesch
10.05.2024 Plasteurope.com [255248-0]
Published on 10.05.2024