Perstorp reviews organisation to align with market conditions
- Approximately 140 employees in Sweden are expected to be affected by the review.
- Perstorp cites weak demand, structural overcapacity and European cost disadvantages as drivers.
- The company plans to simplify structures, clarify accountabilities and focus resources on customer-value activities.
- Final scope, global headcount impact and timing are subject to consultation and local legal requirements.
Why the review
The global chemicals industry faces weak demand, structural overcapacity and shifting trade patterns, while European producers are experiencing increasing competitive cost disadvantages. Perstorp says it is reviewing its organisation and ways of working to align with current market conditions and long‑term priorities.
Planned changes
Following a thorough review of its organisation and operating model, Perstorp aims to simplify structures, clarify accountabilities and concentrate resources on activities that create the greatest value for customers and the business.
Scope and timing
It is expected that approximately 140 employees in Sweden will be affected. The final scope, estimated number of employees affected globally, and timing of adjustments are subject to applicable information, consultation and engagement requirements in the relevant jurisdictions, including with employee representatives and authorities.
Next steps and treatment of staff
Perstorp states it will manage the alignment responsibly and treat employees with respect and care throughout the process.
Source: Perstorp