• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Aerospace Coatings Market

    Energy Curing and Coil Coatings

    Lab/Testing Equipment Update

    High Performance and Special Effect Pigments

    The Wood Coatings Market
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Video Bites
    Suppliers News
    Live From Shows
    Top News
    BASF Introduces Reactive Polyethylene Glycol Pluriol A 2400 I in Europe

    Teknos Unveils Next-Gen Interior Coatings at Ligna 2025

    ICP Group Appoints Todd Brown as VP of Operations

    Hempel Receives Its Best-Ever ESG Rating by EcoVadis

    New President & CEO Announced for the Canadian Coatings Association
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    Coatings World Interview: Bryan Kirchmer of CRTS Global

    Teknos Unveils Next-Gen Interior Coatings at Ligna 2025

    PPG Launches Clearcoats for Premium Collision Repair Segments

    PPG To Invest $380 Million in Aerospace Coatings Facility

    AkzoNobel Working with BASF to Lower Carbon Footprint of High-volume Paint Products
    Additives
    Binders
    Pigments
    Solvents

    BASF Introduces Reactive Polyethylene Glycol Pluriol A 2400 I in Europe

    BASF Becomes First Producer of Renewable Ammonia in Central Europe

    BASF's Intermediates Division Converts European Amines Portfolio to 100% Renewable Electricity

    High Performance and Special Effect Pigments

    Strategic Value Partners and Blantyre Capital Acquire OQ Chemical
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    Evonik Corporation

    Siltech Corporation

    Shepherd Color Company, The

    Vibrantz Technologies

    Patcham USA
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    RadTech 2025 UV+EB Technology Expo & Conference

    Canadian Coatings Conference

    Paintistanbul & Turkcoat Congress and Exhibition

    Great Lakes Coatings Conference

    Coatings Expo Vietnam 2025
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    Evonik Corporation

    Siltech Corporation

    Shepherd Color Company, The

    Vibrantz Technologies

    Patcham USA
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Glossary
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    BASF SE Announces New Site Agreement

    ...

    10.22.15
    Company and employee representatives at BASF SE in Ludwigshafen signed a new site agreement. The agreement, titled “Meeting the challenges of constant change together,” applies to the approximately 36,000 employees of BASF SE at the site. It will run for five years (from January 1, 2016 until December 31, 2020) and follows on from the existing site agreement, which expires at the end of 2015.

    The company will continue to forgo forced redundancies for the duration of the agreement. Furthermore, BASF SE has committed itself to spend a total of at least €6 billion on investments, upgrading and maintenance measures between 2016 and 2020 at the Ludwigshafen site.

    “Economic and social changes are occurring ever faster and are becoming less and less predictable. With the new site agreement, we are creating a framework that offers both flexibility and reliability and will enable the Ludwigshafen site to remain competitive – now and in the future. We rely on our team of dedicated and skilled employees and we will continue to substantially invest in the largest, integrated Verbund site of BASF Group in the coming years,” said Margret Suckale, member of the Board of Executive Directors of BASF SE. Company and employee representatives are committed to the central role of the Ludwigshafen Verbund site with production, research and technology, marketing, infrastructure and services as well as competence centers.

    “Job security is highly valued and a decisive factor in motivating employees to actively support the constant change. With the new site agreement, we have been able to extend job security for employees. The company’s stated intent to continue vocational training on a comparable level as in the past and to foster the employability of its staff will also contribute to making the site fit for the future,” said Robert Oswald, head of the Works Council of BASF SE.

    Forward-looking investments and active portfolio management are fundamental to the competitiveness of BASF SE. Flexible forms of employment, especially in areas where capacity utilization and order levels can fluctuate considerably, will be maintained and further developed.

    “The changes in the coming years will be very demanding for employees and managers, so they need to be flexible and prepared to take on new challenges. Job security and entrepreneurial flexibility go hand in hand,” said Dr. Wolfgang Hapke, President, Human Resources at BASF.

    Research and development play a particularly important role in maintaining the site’s innovative strength, which is why R&D expenditures will be maintained at the high level of previous years. Ludwigshafen will remain BASF’s most important research and development site.

    Demographic change is one of the great challenges facing BASF SE. By 2020, one in two employees at the Ludwigshafen site will be older than 50. From 2018, the number of employees retiring will start to increase sharply. In order to ensure that BASF can meet its demand for skilled labor, the company will continue to offer vocational training as well as additional and flexible qualification programs on a comparable level as in the past.

    “Managers play a significant role in meeting the coming challenges. Only when we as managers lead and actively help to shape the change is it possible to convince employees that the changes bring opportunities,” said Rainer Nachtrab, chair of the committee representing senior managers at BASF SE.

    The ongoing initiatives at the Ludwigshafen site – such as the Learning Center as well as both general and target-group-specific learning offerings – provide a strong basis to support employees in self-directed learning throughout their entire working lives. Effective knowledge transfer will also be a focus in the coming years.

    Given that working lives are getting longer, maintaining and promoting health is another important topic and responsibility shared by both the company and employees. To this end, BASF SE has launched numerous initiatives, including programs to help employees return to work after a longer absence, occupational medical services and the establishment of the Work-Life Management center in Ludwigshafen (“LuMit”), and will continue to further develop these initiatives.
    Related Searches
    • voc
    Suggested For You
    BASF and CATL Sign Agreement to Accelerate the Achievement of Global Carbon Neutrality BASF and CATL Sign Agreement to Accelerate the Achievement of Global Carbon Neutrality
    BASF Reports Strong Second Quarter BASF Reports Strong Second Quarter
    BASF Announces Changes in Board of Executive Directors BASF Announces Changes in Board of Executive Directors
    BASF Announces Price Increases BASF Announces Price Increases
    BASF: Joint Feasibility Study for Chemical Complex in India Completed BASF: Joint Feasibility Study for Chemical Complex in India Completed
    BASF Group Increases EBIT Before Special Items Compared to 2Q 2020 BASF Group Increases EBIT Before Special Items Compared to 2Q 2020
    Liming Chen Appointed to BASF SE Supervisory Board Liming Chen Appointed to BASF SE Supervisory Board
    BASF Invests in Pyrum as Part of ChemCycling Project BASF Invests in Pyrum as Part of ChemCycling Project
    BASF Introduces Mobile Air Conditioner to Wear BASF Introduces Mobile Air Conditioner to Wear
    BASF to Increase Prices for Caprolactam and Polyamide Polymer in North America BASF to Increase Prices for Caprolactam and Polyamide Polymer in North America
    BASF: Synvina Receives Interim Approval from European PET Bottle Platform BASF: Synvina Receives Interim Approval from European PET Bottle Platform
    BASF Named Sustainability Supplier of the Year by FCA US BASF Named Sustainability Supplier of the Year by FCA US
    BASF Joins Ellen MacArthur Foundation Initiatives for Circular Economy BASF Joins Ellen MacArthur Foundation Initiatives for Circular Economy
    Dirk Bremm New President of BASF’s Coatings Division Dirk Bremm New President of BASF’s Coatings Division
    BASF Group Inaugurates New Innovation Campus Asia Pacific in Mumbai, India BASF Group Inaugurates New Innovation Campus Asia Pacific in Mumbai, India

    Related Breaking News

    • Breaking News | Industry News
      BASF and CATL Sign Agreement to Accelerate the Achievement of Global Carbon Neutrality

      BASF and CATL Sign Agreement to Accelerate the Achievement of Global Carbon Neutrality

      The partnership supports both companies’ commitment to global carbon neutrality and CATL’s localization strategy in Europe.
      09.17.21

    • Breaking News | Financial News
      BASF Reports Strong Second Quarter

      BASF Reports Strong Second Quarter

      Sales growth of 56 percent to €19.8 billion.
      07.28.21

    • Breaking News | People in the News
      BASF Announces Changes in Board of Executive Directors

      BASF Announces Changes in Board of Executive Directors

      Melanie Maas-Brunner appointed to the board and succeeds Wayne T. Smith.
      Coatings World staff 12.18.20


    • Additives | Breaking News
      BASF Announces Price Increases

      BASF Announces Price Increases

      For diols and derivatives in North America; butanediol and derivatives in Europe.
      Coatings World staff 12.01.20

    • Breaking News | Industry News
      BASF: Joint Feasibility Study for Chemical Complex in India Completed

      BASF: Joint Feasibility Study for Chemical Complex in India Completed

      Project put on hold due to COVID-19 pandemic.
      Coatings World staff 11.06.20

    Loading, Please Wait..
    Breaking News
    • BASF Introduces Reactive Polyethylene Glycol Pluriol A 2400 I in Europe
    • ICP Group Appoints Todd Brown as VP of Operations
    • Teknos Unveils Next-Gen Interior Coatings at Ligna 2025
    • Hempel Receives Its Best-Ever ESG Rating by EcoVadis
    • New President & CEO Announced for the Canadian Coatings Association
    View Breaking News >
    CURRENT ISSUE

    April 2025

    • The Wood Coatings Market
    • The Importance of Utilizing Sustainability-Driven Innovation
    • Coating Resins Market
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe

    Latest Breaking News From Nutraceuticals World

    Gattefossé Opens New Facilities in Mumbai, India
    TSI Group Unveils myHMB + Vitamin D Logo
    Indena to Showcase Metabolic, Brain Health Solutions at In-Vitality 2024

    Latest Breaking News From Coatings World

    BASF Introduces Reactive Polyethylene Glycol Pluriol A 2400 I in Europe
    Teknos Unveils Next-Gen Interior Coatings at Ligna 2025
    ICP Group Appoints Todd Brown as VP of Operations

    Latest Breaking News From Medical Product Outsourcing

    StimLabs's Umbilical Cord-Derived Wound Care Product Released in U.S.
    New Medical-Grade Bio-Based PVC Compounds Introduced
    Croívalve Reports 1st Tricuspid Coaptation Valve Implant in U.S. Feasibility Study

    Latest Breaking News From Contract Pharma

    Neurocrine Bioscience’s CRENESSITY Becomes Commercially Available in the U.S.
    Roche's Parkinson's Disease Drug Misses Primary Endpoint
    PTC Therapeutics Submits Vantiquinone NDA to FDA

    Latest Breaking News From Beauty Packaging

    Weekly Recap: Coty Sells SKKN, Henkel Recall, Awards, & More
    Rare Beauty to Host Pop-Up Event with Sephora UK
    Cloud Haircare Expands to Walmart Stores Nationwide

    Latest Breaking News From Happi

    Cosmetify Names Nikkie de Jager the World’s Most Powerful Beauty Influencer
    Big Lips in the Small Wonder
    L’Oréal’s Bioprinted Skin & Dove’s Deodorant Launch

    Latest Breaking News From Ink World

    Nazdar Joins the In-Mold Decorating Association
    Xerox Unveils Post-Lexmark Acquisition Leadership Team
    Inkcups Appoints New Southwest Sales Representative

    Latest Breaking News From Label & Narrow Web

    Mexico's Flexopolis adds second Bobst flexo press
    Paramount Labels installs Rotatek Brava 450
    Esko teams with Bobst for smartGRAVURE System

    Latest Breaking News From Nonwovens Industry

    Siemens Launches Next-Generation Motion Control System
    Ahlstrom Announces Leadership Change in Protective Materials Division
    Harrisons Launches Industrial Range of Wipes

    Latest Breaking News From Orthopedic Design & Technology

    David Thordarson Takes Charge of American Orthopaedic Foot & Ankle Society
    UPM Biomedicals Launches FibGel Injectable Nanocellulose Hydrogel for Medical Devices
    ONWARD Medical Attracts €50 Million in Capital

    Latest Breaking News From Printed Electronics Now

    Tillys Partners with Nedap to Elevate Omnichannel Strategy
    Schreiner Group Emphasizes Global Responsibility
    LG Display Targets Future Markets at SID Display Week 2025

    Copyright © 2025 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login