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 Coke And Refined Petroleum Products Manufacture Of Coke And Refined Petroleum Products 19 - Manufacture of coke and refined petroleum products
138 jobs Number of planned job losses
Announcement Date
29 April 2009
Employment effect (start)
30 June 2009
Foreseen end date
30 June 2009
Description
Chemical company Elementis is to shut its chromium factory at Eaglescliffe, Durham, creating 138 job losses. Production at the plant will cease at the end of June, and a 90 day consultation is now under way with staff. Bob Bolam, Unite regional officer, claimed the closure is "the end of an era", and confirmed that the union is in talks with the company to get the best deal for those affected. The company had been adversely affected by increasing competition from Asia, resulting in a fall in sales of 53 percent this year.
Sources
29 April 2009: The Financial Times
29 April 2009: BBC Website
Citation
Eurofound (2009), Elementis, Closure in United Kingdom, factsheet number 68850, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68850.
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