FRANCE: GREAT LAKE CHEMICALS TO CUT 150 JOBS

Article Abstract:

Great Lake Chemicals wants to relocate its output capacity from France to countries with weaker requirements on environment, employment legislation and a lower administrative pressure. As part of this strategy, the US group is to cut 150 out of 350 jobs in its sites of Persan and Catenoy . The group, which totals a 8,000 staff, is active in chemical additives.

Comment:

Great Lake Chemicals wants to relocate its output capacity to countries with weaker requirements on environment and employment

Strategy & planning, Personnel administration, Organic Chemicals, Organic compounds, Great Lakes Chemical France S.A.

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FRANCE: CAPITAL RAISE/MERGERS FOR CLARIANT FRANCE

Article Abstract:

The chemicals group, Clariant France, is going to absorb BTP France (Nanterre), and Nipa (Saint-Ouen), as part of its operation to increase its capital by FFr 30.7mn.

Acquisitions & mergers, Industrial Chemicals, CHEMICALS AND ALLIED PRODUCTS

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Similar abstracts:

• Abstracts: FRANCE: SICLI MERGES ITS SUBSIDIARIES. FRANCE: CAPITAL RAISE FOR PILKINGTON FRANCE

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