Nufarm Limited plans to change to adjust its European manufacturing operations to reduce the company’s fixed cost base; improve working capital management; and support the growth of its European business.
Durante los próximos 18 meses, Nufarm cerrará su planta de fabricación en Botlek (Holanda). Además, la empresa implementará programas de eficiencia que reducirán costos y aumentarán la capacidad en las instalaciones de fabricación en Wyke (Inglaterra) y en Gaillon (Francia). Una vez finalizados, se estima que los cambios darán como resultado un ahorro de costes anualizado de al menos $23 millones (€ 16 millones).
Nufarm’s Group Executive Operations, Elbert Prado, said the changes have been identified following a detailed review of the company’s European manufacturing footprint and how it supports both regional growth plans and the requirements of the global business.
“These changes will result in a more efficient manufacturing base in Europe and will improve our competitiveness on a global basis by reducing the unit cost of one of our most important herbicides – MCPA – as well as several other products that are produced in Europe and exported to other markets around the world,” Prado said. “The changes will also reduce supply chain complexity, supporting our efforts to improve working capital efficiency across the group.”
Leer más sobre los cambios aquí.