Lanxess cuts production over holiday period

ERJ staff report (PRW)

Leverkusen, Germany — Lanxess AG is to make temporary production cuts and shutdowns in Germany over the Christmas and New Year period in response to falling customer demand.

The German-headquartered group made the announcement on Wednesday after reaching agreement with employee representatives. Lanxess said it had held “intensive negotiations on uniform arrangements for temporary production cutbacks and plant shutdowns”.

The plan affects 23 of the 45 production facilities in Germany and 1400 employees will be directly affected. The facilities are located at the company’s…

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