Restructuring events
European Restructuring Monitor (ERM)
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.
Petrochemia-Blachownia has announced the closure of a benzol processing plant. The notification for the planned downsizing at the Kędzierzyn-Koziel site has reached the Provincial Labor Office in Opole - 89 people will be laid off.
The director of the plant has stated that the reason for this decision is the war in Ukraine and the associated shortages of raw materials, which are making it economically unviable to continue operations. The dismissals will be in the form of group layoffs, which means that the layoff process must end within 30 days of their announcement.Petrochemia-Blachownia is a chemistry production facility in Poland, founded in 1952. It manufactures carbochemical and petrochemical products which are used in the chemical industry.
Eurofound (2023), Petrochemia-Blachownia, Closure in Poland, factsheet number 108333, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/108333.