BASF and Rheinland-Pfalz Government Address Economic Challenges Amid Restructuring

The meeting focused on the need for competitive conditions as BASF plans major restructuring and potential job cuts in Ludwigshafen.

BASF's CEO Markus Kamieth emphasized the need for sustainable energy and reduced bureaucracy to maintain the chemical industry's competitiveness.
The company has announced a significant restructuring plan, including potential plant closures and job reductions at its Ludwigshafen headquarters.
Rheinland-Pfalz Minister President Alexander Schweitzer expressed the government's commitment to ensuring a strong future for the Ludwigshafen site.
Economic Minister Daniela Schmitt called for improved conditions to help companies like BASF remain competitive internationally.
BASF and the state government regularly meet to discuss strategic and economic concerns, highlighting the importance of social partnerships and infrastructure.