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.
Belgium, France, Germany, Italy, Netherlands, United Kingdom
Sector
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
134 jobs Number of planned job losses
Announcement Date
10 October 2006
Employment effect (start)
1 January 2007
Foreseen end date
Description
The Tessenderlo group is an international chemicals group with more than 100 branches in 21 countries, headquartered in Belgium and with around 8,100 employees worldwide. Tessenderlo is the world and European leader in most of its product areas, i.e. chemicals, specialties and plastics converting.
In October 2006, the group announced a reorganisation plan that involves its plants located in European countries (Belgium, France, Germany, Italy, Netherlands and United Kingdom). The plan envisages 134 lay-offs.
Sources
7 November 2006: La Stampa
Citation
Eurofound (2006), Tessenderlo, Internal restructuring in European Union, factsheet number 64472, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64472.
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