Haltermann Carless Continues its Transformation Program
The focus is on organizational realignment, the withdrawal from commodity products and the closure of individual production facilities.
Haltermann Carless has announced specific measures as part of its ongoing RACE transformation program. The aim is to increase operational efficiency, optimize organizational structures and better position the company for future growth. The program is a consistent response to the ongoing challenging economic situation.
The measures include:
▪ Exit from low-margin commodity businesses: This affects the gas condensate business, which will be discontinued with the closure of a production plant in Harwich (UK), as well as the oxo business, whose production site in Manvel, Texas (USA), will be completely closed.
▪ Closure of the administrative office in the UK: The affected functions will be distributed to other locations - a step towards streamlining structures, reducing costs and increasing efficiency.
▪ Realignment of the commercial organization: the number of business units will be reduced from four to three and assigned to the respective core production sites. At the same time, sales expertise will be strengthened in a targeted manner and business development will be consistently focused on high-margin, sustainable applications.
"In a challenging economic environment, we must act decisively in order to strengthen our organization and remain successful in the long term. Stringent consolidation and targeted business development are at the heart of our RACE strategy," said Peter Friesenhahn, CEO of Haltermann Carless. "I am convinced of the potential of Haltermann Carless, our employees and our expertise. Our pioneering spirit is the prerequisite for success in order to create real added value for the company, our customers and owners."
