Industry News, Suppliers News

New Site Agreement for BASF SE Signed

Average annual investment of at least €1.5 billion until 2025.

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By: Anthony Locicero

Copy editor, New York Post

The company management and employee representatives at BASF SE signed a new site agreement.    Entitled “Living the new BASF together!”, the agreement applies to the approximately 34,000 employees of BASF SE at the Ludwigshafen site.    It will run for five and a half years (from June 1, 2020, until Dec. 31, 2025) and replaces the current site agreement, which would have expired at the end of 2020.   BASF SE will continue to forgo forced redundancies for the duration of the agreement...

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