Leading polyolefins producer Borealis A/S plans to shake up its European research and development network in the face of tight competition by cutting possibly one-fourth of its 600-member technical work force.
In a move to streamline time-to-market, Borealis will consolidate R&D activities, currently spread across the group, into four sites:
* Roenningen, Norway, which will handle molding, film and fiber markets.
* Stenungsund, Sweden, which will handle pipe, wire and cable.
* Linz, Austria, for engineering applications, film and fiber.
* Porvoo, Finland, which specializes in catalysis and process research and Borealis' proprietary Borstar technology.
Lyngby-based Borealis said the plan could cut 150 of 600 technical and research jobs. The company has production plants at 14 sites, three of them joint ventures, spread across Austria, Belgium, Finland, Germany, Italy, Norway, Portugal and Sweden. The reorganization should be completed this year, a spokeswoman said.
The company employs a total of 5,200 and produces 6.6 million pounds total of polyethylene and polypropylene annually.