BASF faces indefinite layoffs at Finnish battery materials plant

BASF's battery material plant in Hajarvarta, Finland, was forced to lay off employees indefinitely due to the cancellation of the temporary license by the local court. All employees may be affected. The layoffs were caused by the court's revocation of the license due to objections raised by non-governmental organizations due to environmental issues. BASF said that the process of obtaining a license is long and the outcome is unknown. It is impossible to predict the final license time and there is no appeal.