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, unbalanced global markets, and increased regulatory pressure, which have affected the European chemical industry's competitiveness.
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 following this mandatory consultation period and after obtaining approval from the DREETS.
Impact on Employees
ARLANXEO acknowledges the potential impact on employees and expresses regret over considering these steps. The company plans to assist affected employees in finding alternative solutions and intends to provide a social plan reflecting their contributions.