Clariant announces site closure plans
19/11/2009
Specialist leather chemicals provider Clariant has announced plans to reduce its global production network to help it "address overcapacities and to reduce costs".
The proposals are the first conclusions of a project in which the Swiss company carried out an evaluation of its entire production network. The sites nominated for closure are Huningue, France; Pontypridd, UK; CIVAC, Cuernavaca in Mexico; and parts of two plants at Clariant sites in Germany, at Gendorf and Frankfurt. In addition, Clariant will now initiate an evaluation of all strategic options for its site in Onsan, South Korea.
Approximately 570 jobs worldwide will be affected by the proposals. Clariant has entered into consultation with employee representatives and authorities in the affected countries. The company is committed to treating all employees in a fair and transparent manner.
Clariant CEO Hariolf Kottmann commented: “As we have stated, 2009 and 2010 will be years of restructuring for Clariant. This project is a key component of that process. Once completed, it will significantly improve the efficiency of our production network and increase Clariant’s competitiveness.”