Akzo Nobel to cut 350 jobs

Dutch drugs and chemicals conglomerate Akzo Nobel today confirmed it would be cutting 350 jobs in response to falling demand at Diosynth, its pharmaceutical ingredients manufacturing unit.

Akzo Nobel to cut 350 jobs
Fri, 20 Feb, 2004 - 16:38

Dutch drugs and chemicals conglomerate Akzo Nobel today confirmed it would be cutting 350 jobs in response to falling demand at Diosynth, its pharmaceutical ingredients manufacturing unit.

The company said over-capacity in its chemical synthesis operations was triggered by falling customer demand for ingredients for drugs.

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