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Trelleborg to consolidate oil & gas ops, Meuller steps down

Trelleborg, Sweden – Trelleborg Offshore & Construction business is going through a major restructuring which will see a change of management as well as ceasing of some manufacturing capacity in the US.

The company announced 28 Nov that it was implementing a number of strategic measures to “secure its competitiveness” in the offshore oil & gas segment.

The condition of this market “has been challenging for a long time and still is,” said the Swedish rubber goods manufacturer.

As part of the consolidation, the company will “gradually discontinue”…

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