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 20.1 - Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms 20.16 - Manufacture of plastics in primary forms
105 jobs Number of planned job losses
Announcement Date
22 December 2012
Employment effect (start)
1 March 2013
Foreseen end date
Description
LyondellBasell, a global manufacturer of chemicals and polymers, is to cut 105 jobs (out of 900) in its plant located in Ferrara.
The job cuts should mainly affect the Research and Development division and they will start in March 2013. Moreover, the company has announced cuts in investments.
Sources
22 December 2012: Telestense.it
Citation
Eurofound (2012), LyondellBasell, Internal restructuring in Italy, factsheet number 74964, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74964.