Type
Closure
Country
Belgium
Region
Vlaams Gewest; Prov. Limburg (B); Arr. Hasselt
Location of affected unit(s)
Beringen
Sector
Manufacturing
Manufacture Of Coke And Refined Petroleum Products
Manufacture Of Coke And Refined Petroleum Products
19 - Manufacture of coke and refined petroleum products

123 jobs
Number of planned job losses
Job loss
Announcement Date
27 August 2009
Employment effect (start)
30 September 2009
Foreseen end date
31 December 2009

Description

The chemical company Borealis is about to close its unit located in Flanders in Beringen. The closure of the unit will concern 109 jobs. The company is facing problems of overproduction and is in financial difficulties since the decrease of the prices. The number of job losses was increased to 123 at the second notification of redundancies in October 2009.


Sources

  • 27 August 2009: Le Soir

Citation

Eurofound (2009), Borealis, Closure in Belgium, factsheet number 69495, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69495.