Sasol

Type
Internal restructuring
Country
Germany
Region
Nordrhein-Westfalen; Arnsberg; Herne, Kreisfreie Stadt
Location of affected unit(s)
Herne
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
20 - Manufacture of chemicals and chemical products
20 - Manufacture of chemicals and chemical products
130 jobs
Number of planned job losses
Job loss
Announcement Date
4 November 2013
Employment effect (start)
4 November 2013
Foreseen end date
30 June 2014

Description

Chemicals company Sasol Solvents is to cut 130 jobs in Germany by the second quarter of 2014.

This is due to the ceasing of isopropanol and ethanol production that has become less profitable with rising costs and increased market competition.

The company is based in South Africa. Currently, Sasol employs 148 employees in Herne, of which 18 jobs will remain. A restructuring initiative had been announced as of August 2013 after the company had found no buyer for the Herne site.

Sources

  • 4 November 2013: Der Westen (online)

Citation

Eurofound (2013), Sasol, Internal restructuring in Germany, factsheet number 76160, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76160.