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
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://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67528.
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