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
226 jobs Number of planned job losses
Announcement Date
26 March 2007
Employment effect (start)
26 March 2007
Foreseen end date
Description
Arkema, the manufacturer of chemicals, announced on 26 March 2007 its plans to stop production in its factory in Pierre-Bénite with the consequent loss of 226 jobs. According to the group, the site is in deficit. Currently 574 people are employed at the factory. Arkema Group was created in October 2004. Before that the company was a subsidiary of Total. Since its creation, Arkema has undergone several restructuring processes and job cuts.
Sources
26 March 2007: Les Echos
26 March 2007: Agence France Presse
26 March 2007: Le Progrès
Citation
Eurofound (2007), Arkema, Internal restructuring in France, factsheet number 65152, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65152.
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