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.
Carling (Moselle) and Gonfreville (Seine Maritime)
Sector
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
300 jobs Number of planned job losses
Announcement Date
12 September 2006
Employment effect (start)
1 November 2006
Foreseen end date
1 November 2011
Description
French energy firm Total's petrochemicals unit, which employs 2,300 people in France, is to cut 300 jobs between November 2006 and November 2011. The affected units are Carling (Moselle), in the east of France and Gonfreville (Seine Maritime), in the north of the country.
At the same time, it is planning to invest 400 million euro by 2011 to bolster its business in the face of rising overcapacity and sluggish European demand. Total petrochemicals announced the cash would be invested in two French industrial sites (Gonfreville and Carling) to upgrade and remodel them to improve their performance. This industrial project aims to improve Total Petrochemicals France's ability to ride out periods of unfavourable economic conditions.
Sources
13 September 2006: Usine Nouvelle
13 September 2006: La Tribune
12 September 2006: Agence France Presse
12 September 2006: Les Echos
Citation
Eurofound (2006), Total Petrochemicals France, Internal restructuring in France, factsheet number 64061, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64061.
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