Arkema Plan to Shut Down PVC Production Plant

Arkema has presented to its Balan facility's trade union representatives a plan to shut-down a 30,000 ton PVC production unit on the site in order to strengthen the competitiveness of its Balan plant (France).

The Balan facility has currently three PVC production units with a 325,000 ton overall capacity. The oldest and smallest of these three units, with a 30,000 ton/year annual capacity, will be closed down, while the two remaining plants will be modernized in order to further improve their productivity.

The implementation of this plan, in the 2nd quarter 2010, would entail the loss of 9 positions. Each employee whose position would be made redundant would be offered another position on the Balan site.