Goldschmidt Chemical Streamlines Production
Hopewell, Va.-based Goldschmidt Chemical Corp., a subsidiary of Degussa Corp., will invest more
than $10 million in production at its Janesville, Wis., and Mapleton, Ill., facilities the main
North American production sites of Degussa's Industrial Derivatives and Care Specialties business
units. As a result, a total of 80 positions will be eliminated at the two facilities. The company
hopes this investment will increase its competitiveness in the oleochemical derivatives market and
prepare the facilities for the introduction of new products.