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allnex plans to cease its operations in Hamburg, Germany

Mar 2, 2023 Corporate
  • Plans to cease the operations in Hamburg, Germany by mid-2024
  • Plans to clean and dismantle until the end of 2026

allnex, the global leader in sustainable and innovative resins for industrial coatings, announced today its plans to cease operations in the manufacturing site in Hamburg, Germany, in June 2024.

“The intention to close the Hamburg site came after a review of our competitive position in Europe for our liquid resins products”, said Miguel Mantas, allnex CEO.
“The recent developments in energy prices, raw material costs and inflation have impacted our competitiveness in Europe.”

The manufacturing facility is expected to produce until mid-2024, after which the supply of the customers will be taken over by other allnex sites. Until the end of 2026, allnex plans to clean and dismantle the site.

The plan will affect the majority of about 130 employees at Hamburg. "We are committed to finding good solutions for our employees", says Site Manager Gerrit Lieske. Consultations and negotiations with the works council will begin shortly.


Daria Samonova

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About allnex
allnex is the world's leading manufacturer of industrial coating resins and additives for architectural, industrial, protective, automotive and specialty coatings and inks. allnex is recognized as a pioneer in specialty chemistry, offering an extensive product range that includes innovative liquid resins and additives, radiation-curing and powder coating resins and additives, and crosslinkers for use on wood, metal, plastic and other surfaces. Today, allnex has a strong global presence with 4000 employees worldwide, 33 production sites and 23 research and technology centers.