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 Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
51 jobs Number of planned job losses
Announcement Date
20 April 2010
Employment effect (start)
Foreseen end date
31 December 2010
Description
Belgian chemicals and plastics group Tessenderlo Chemie is to restructure its Calaire Chimie subsidiary in Calais, northern France and cut 51 jobs. The group blamed two years of poor market conditions for the need to reshape the firm with fierce competition from China leading to a drop in sales for its glycine product.
Sources
20 April 2010: Reuters
23 April 2010: Usine nourvelle
Citation
Eurofound (2010), Calaire Chimie, Internal restructuring in France, factsheet number 70542, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70542.
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