Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Solvay to cut 68 jobs in Salindres site throughout 2025

by Uma Rajagopal
0 comments
2024 09 24T162303Z 1 LYNXMPEK8N0N6 RTROPTP 4 SOLVAY RESULTS

 

(Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease production at its Salindres site in France.

“The envisaged discontinuation of these activities would result in the elimination of 68 positions,” Solvay said in a statement.

The group expects to eliminate these positions between early 2025 and October 2025.

The Salindres site is responsible for producing trifluoroacetic acid (TFA) and its fluorinated derivatives. Both are organic compounds classified as PFAS according to the OECD definition.

The company said it expected to take a provision of around 50 million euros ($55.79 million) as a result.

($1 = 0.8963 euros) (This story has been corrected to say that the company is expected to take a provision of 50 mln euros, not save the amount, in paragraph 5)

 

(Reporting by Dimitri Rhodes; Editing by Mark Heinrich and Tomasz Janowski)

 

Recent Post