SGL Group to close Canada graphite electrode plant

18 October 2013 20:03  [Source: ICIS news]

TORONTO (ICIS)--SGL Group will permanently close down its graphite electrode facility at Lachute near Montreal in the first quarter of 2014, affecting 110 workers, the Germany-based carbon and graphite products firm said on Friday.

The closure is part a global realignment strategy and cost-savings programme announced last month. SGL will begin winding down operations at Lachute at the end of the year and complete the closure in the first quarter of 2014, it said.

SGL added that the graphite electrodes market has been suffering from sluggish global demand for almost five years.

By: Stefan Baumgarten
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly