The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture of chemicals and pharmaceuticals Manufacture of chemicals and chemical products 20.16 - Manufacture of plastics in primary forms
133 jobs Number of planned job losses
Announcement Date
10 March 2025
Employment effect (start)
10 June 2025
Foreseen end date
Description
Domo Chemicals, a Belgian specialist in polyamides manufacturing, is cutting 133 jobs at its Saint-Fons site, where it currently employs 500 workers. The company is shutting down part of its Belle-Étoile facility in the so-called Chemical Valley due to challenging economic conditions. This restructuring aims to refocus operations on downstream production, particularly chemical intermediaries such as hexamethylene diamine, adipic acid, and nylon salt.
The decision comes in response to high energy and gas prices, intensified foreign competition, and declining demand from the automotive and construction industries. In total, 155 jobs are being eliminated, but since 22 positions were already vacant, the net number of layoffs stands at 133. The announcement has sparked anger and concern among employees, leading to planned protests on March 20.
Eurofound (2025), Polytechnyl, Internal restructuring in France, factsheet number 202516, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/202516.
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