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.
Amsterdam-based global special chemicals manufacturer AkzoNobel group is to cut 215 jobs by the end 2016 at its site in Deventer. As announced, the group will move gradually the production of organic peroxides to other sites in Europe, China and the USA, in a bid to cut costs and improve its performace in terms of overcapacity and the new global market trends with a large part of demand being concentrated in North America and Asia.
As reported, the company is in negotiations with the works council and the unions. The company will retain its R&D activities in Deventer, employing approx. 235 people.
Updated, 25-01-2014: As announced the decision to close the plant is definitive. An alternative plan developed by the works council has been rejected by the company. The employees took industrial action.
Eurofound (2013), AkzoNobel, Offshoring/Delocalisation in Netherlands, factsheet number 76083, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76083.