Middle East Economic Survey
SABIC To Cut Jobs At Gelsenkirchen Plant
SABIC EuroPetrochemicals on 11 February announced that a coming reorganization of its polyolefins plant at Gelsenkirchen, Germany, would result in some 150 of 540 jobs there being cut during the next two years. A further 50 jobs will be cut in 2008. SABIC said the move was being taken as a result of the plants unsatisfactory production activities and sales. The measures are part of...