Home / Knowledge / News / Textiles / BASF welcomes new employees worldwide
BASF welcomes new employees worldwide
16
Apr '09
A few days after the closing of the Ciba acquisition, BASF is welcoming its new employees worldwide. Welcome events are taking place from today onward at several large Ciba sites in Europe, Asia and North and South America. Dr. Jürgen Hambrecht, Chairman of BASF's Board of Directors, and BASF Board members Dr. Hans-Ulrich Engel and Dr. John Feldmann met personally with employees at the former Ciba headquarters in Basel, Switzerland.

Dr. Jürgen Hambrecht also addressed employees via a video message at sites in Lampertheim and Grenzach, Germany; Monthey, Switzerland; Raisio, Finland; Tarrytown, New York; São Paulo, Brazil; Shanghai, China; and Singapore. “From today there are no longer Ciba employees on the one side and BASF employees on the other: We are now a joint BASF team,” said Hambrecht. “We want to create added value and develop chemistry and innovations to help our customers.”

Hambrecht stressed the strategic logic of the acquisition and the need to restructure the combined Ciba and BASF business units quickly in order to ensure their long-term success. Decisions would be taken with all due fairness and with respect for the contribution of each individual.

BASF announced its plans to acquire Ciba in mid-September 2008. In particular, Ciba has a leading market position with regard to its portfolio of plastics additives and coating effects materials. With the acquisition of Ciba, BASF will strengthen its portfolio and will expand its leading position in specialty chemicals. Together with Ciba's business, BASF will become a leading supplier of paper chemicals.

A “Discovery Phase” started following the closing of the acquisition on April 9. During this phase, joint teams consisting of BASF and Ciba employees will analyze the acquired businesses in depth. The goal of the analysis is to define a market-oriented positioning for the combined businesses as well as the optimal organizational structure. The actual integration process will start in July 2009 on the basis of these results.

BASF

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Courtesy: Teijin

Textiles | On 5th Dec 2016

Teijin merges two businesses into one division

Japanese manufacturer of speciality fibres Teijin Limited is merging...

Courtesy: ISEA

Textiles | On 5th Dec 2016

Participation up 25% at International Sourcing Expo

In comparison to last year, there was 25 per cent rise in the overall ...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search