Closure Announcement
ARLANXEO Elastomères France S.A.S. has announced its intention to cease operations at its Port Jerome site in France. The decision is driven by persistent weak demand, rising costs, and increased regulatory pressure affecting the European chemical industry.
Consultation Process
An information and consultation period has been initiated with the Works Council at Port Jerome. A final decision on the closure will be made after this mandatory consultation period and upon receiving approval from the DREETS.
Impact on Employees
ARLANXEO acknowledges the potential impact on employees and expresses regret over the need to consider closure. The company commits to treating employees with respect and assisting them in finding alternative solutions if operations cease.
Reasons for Closure
The Port Jerome site has been in a structurally loss-making position despite numerous improvement efforts. The company does not foresee a viable path to sustained structural improvement under current market conditions.