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Business
Arkema Plans Methacrylates Cuts
by Marc S. Reisch
June 29, 2009
| A version of this story appeared in
Volume 87, Issue 26
Because of global overcapacity, Arkema plans to shut down a 90,000-metric-ton-per-year methyl methacrylate plant at its Carling, France, site and concentrate production at its site in Rho, Italy. Subject to consultation with its unions, the firm will cut 163 jobs. In addition, Arkema says it will reduce poly(methyl methacrylate) sheet production and refocus on higher value sheet products at its now unprofitable Bernouville, France, site. The firm expects to cut 76 positions in Bernouville.
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