Welcome Guest to Coatings World    Login || Register
Last Updated Tuesday, October 6 2015

ICI To Cut Paint Jobs

By Jason Lawton

Published May 1, 2003
ICI has announced the first stage of a new restructuring program aimed at delivering £30 million of sustainable bottom line savings by 2005. The initiative will have a dramatic affect on ICI's paint operations, as more than have of the predicted savings will come through initiatives within that business.

ICI said it will reduce its headcount by more than 700 jobs over the next two years, including 460 paint staff. The company's plans include "intensive productivity improvements" at each of its 10 main manufacturing sites across Europe, including rationalization of solvent-borne production facilities and restructuring of all European supply chain support functions to take overall supply chain productivity to world-class levels.

Some 15,740 people currently work for ICI's paint business.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
Follow Coatings World On