"These efficiency-enhancing measures position us well to meet demand within the segment," said Jay Hunsberger, director, Paper Chemicals Sales and Marketing. "Our remaining plants in Europe will allow us to stay competitive and serve our European customers with products that create value for them."
The difficult market and global economic conditions make the current situation in Europe unsustainable, the company noted. It added that the consolidation actions are necessary to remain competitive in this product line, and will ensure that AkzoNobel continues to be a strong supplier to its key customers in Europe.
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