BASF to reorganise oilfield and mining businesses

first_imgBASF is reorganizing its paper, water, oilfield and mining businesses within the Performance Chemicals division to foster customer and industry focus and increase competitiveness. The Oilfield and Mining Solutions businesses operate in markets that are driven by differentiation to create sustainable industry solutions together with customers.BASF says “success factors for suppliers to these industries are technology and innovation leadership as well as engineering and application expertise. Oilfield & Mining Solutions will operate as a global business unit. Dedicated industry teams will increase effectiveness and focus on developing and commercialising innovative and sustainable products to support the predominantly global customers in optimising their yields.”The unit will be headquartered in Ludwigshafen, Germany. The changes will be effective as of January 1, 2016. The company expects overall a reduction of about 120 positions worldwide until the end of 2016 resulting from the alignment and refocussing of business structures.“The further development of our organisation will strengthen customer focus. The stepwise expansion of our polymer production network and investments in bio-acrylamide raw materials as well as the launch of innovative products will accelerate profitable growth,” said Prof Dr Christian Fischer, President of the Performance Chemicals division.For mining, BASF offers a diverse range of mineral processing chemicals and technologies to improve process efficiencies and aid the economic extraction of valuable resources. Expert advice is also available. The product range includes reagents, equipment, process technologies and expertise, focusing on applications such as grinding, flotation, hydrometallurgy, solid liquid separation, tailings management, materials handling.last_img read more

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