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 (20 - 21) Manufacture of chemicals and pharmaceuticals 20 - Manufacture of chemicals and chemical products 20 - Manufacture of chemicals and chemical products
96 - 169 jobs Number of planned job losses
Announcement Date
1 December 2008
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2009
Description
The Chemical group Arkema has announced that it plans to close loss-making activities in France:
aluminium chloride production and
vinyl chloride/vinyl acetate copolymer production at its Château-Arnoux-Saint-Auban site in the South of France (Alpes-de-Haute-Provence).
The group said that between 96 and 169 jobs will be lost at Saint-Auban in 2009.
The group also announced a reorganisation of its procurement division, planned for 2009-2010 with the aim of saving 35 millions euros annually.
Arkema was spun off from Total in 2006 and so now exists as a separate entity.
Eurofound (2008), Arkema, Internal restructuring in France, factsheet number 67528, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67528.