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”…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with