16 September 2013 09:40 [Source: ICIS news]
LONDON (ICIS)--Arkema's management is to convene this week to discuss the closure of its dioctyl phthalate (DOP) and phthalic anhydride (PA) production facility in Chauny, France, a spokesperson for the company said on Monday.
An extraordinary meeting of the Arkema Central Works Council is to take place on Thursday 19 September.
According to the spokesperson, the negotiations regarding the closure of the site have arisen because of a slumping market for the products in Europe.
“The market has been in decline for years, and this is a structural decline. We tried to face this decline with solutions but we did not manage, so we have a plan to stop activities,” the spokesperson said.
A decision is expected on the day of the meeting.
The facility has the capacity to produce 70,000 tonnes/year of DOP and 90,000 tonnes/year of PA, according to ICIS data.
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