Welcome Guest to Coatings World    Login || Register
Last Updated Sunday, December 21 2014
Print RSS Feed

Hempel A/S to stop paint production in Denmark in two years



By Tim Wright



Published May 8, 2008
Paint production at Hempel's factory in Lundtofte, Kgs. Lyngby, Denmark, will continue until May 31, 2010. After that point, a new factory in Poland will take over. Hempel’s remaining departments in Lundtofte, Kgs. Lyngby, Denmark, will not be affected by the move.

The decision is the result of developments in the global market, according to the company. Growing competition in the paint industry means that it is no longer possible to produce paint in Denmark at competitive prices.

“I’m sorry that stopping production at our Lyngby plant will affect so many of our valued colleagues, but unfortunately we have no choice if we are to compete on the global market," said Pierre-Yves Jullien, CEO of the Hempel Group. "Fortunately, the timeline enables us to help those affected in the best possible manner.”

123 of the company's employees are expected to be affected by the closure in 2010.


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
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Keeneyes
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
R.O.C.
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
Taiwan
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
US
View Profile
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
USA
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
Lubrizol Advanced Materials, Inc.
9911 Brecksville Road
Cleveland, OH, 44141
US
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
Taiwan
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
Canada
View Profile
Follow Coatings World On