Hexpol cost-cutting includes job reductions

August 2009
Rubber & Plastics News;8/10/2009, Vol. 38 Issue 27, p9
Trade Publication
The article presents information on cost cutting measures adopted by Hexpol. Hexpol AB has eliminated 182 jobs as part of a cost-reduction program by Europe's largest rubber compounder. Closure of the company's plant in Canada is in its final phase and will be completed in the third quarter, with production gradually being transferred to other facilities in NAFTA locations. Hexpol chief executive officer Georg Brunstamto said that they are planning further personnel reductions.


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