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 Pharamceuticals Manufacture Of Chemicals And Chemical Products 20 - Manufacture of chemicals and chemical products
171 jobs Number of planned job losses
Announcement Date
4 December 2007
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2009
Description
Dow AgroSciences Co., a multi-national group that operates in the chemical sector, has announced that its subsidiary Dow Chemical is to close its site in Lauterbourg with the loss of 171 jobs. The plant in Lauterbourg manufactures fertilizers, and is due to close in December 2009. The job losses at the site will be implemented between January and December 2009. Management at the group attribute the closure to the level of competition within the sector.
The closure of the Lauterbourg plant is part of a global restructuring programme by the group. The group, which employs approximately 50,000 globally, will cut 1,000 jobs at sites across the world. The group attributes the global restructuring programme to the need to increase its efficiency.
Sources
6 December 2007: Les Echos
5 December 2007: La Tribune
Citation
Eurofound (2007), Dow Chemical, Closure in France, factsheet number 66078, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66078.
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