USA: Process Catalysts BASF to Shut Down Manufacturing Unit in USA
BASF has announced that its process catalysts manufacturing facility will be ceasing operations at its Erie site in 2021 due to non-profitable operations in the long term despite heavy investments. The move is in line with the firm’s long-term business plans.
New Jersey/USA – BASF has recently announced that it will close its manufacturing facility in Erie, Pennsylvania in 2021. The facility produces process catalysts used primarily in the petrochemical industry.
Despite significant investments to improve assets, long-term profitable operations are no longer possible in Erie. The decision to exit operations in Erie is based on longer-term business considerations and customer needs.
“This is a difficult situation and we are grateful for the BASF Erie site team’s dedication over the years and during the transition,” said Travis Rollins, Site Manager for BASF’s Erie facility. “Our priorities continue to be the well-being of our employees and maintaining safe operations during the closure process.”
Most production operations will cease by the end of 2020. The facility will continue to fulfill confirmed customer requests through the first quarter of 2021, and final decommissioning and demolition work are anticipated through mid-2022.
Approximately 75 positions will be phased out starting with the ceasing of operations in December and continuing through the decommissioning process. BASF will provide severance and outplacement services to employees, including support for employment at other BASF facilities.