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Crisis and Risk Management news
(page 7)
20 June 2023
Arlanxeo to Close Zwijndrecht Plant, 278 Jobs Lost
The plant closure is due to severe competition and high production costs. Despite investments, a sustainable future was unattainable. A social plan will support affected workers.
2 March 2023
Synthos to Halt ESBR Production at Kralupy Plant
Production will cease in Q2 2023 due to high utility costs and geopolitical issues. Annual ESBR capacity will drop from 430,000 to 320,000 tonnes. Other rubber types will continue production in Poland and Germany.
15 December 2022
Ercros and Unions Finalize Redundancy Plan for Flix Factory
The redundancy plan affects 39 of 48 workers, with 9 retained for maintenance. It includes relocations, retirements, and compensated leaves. The plant closes due to contract terminations.
16 September 2022
Federal Government Takes Over Rosneft Deutschland
The Federal Network Agency will manage Rosneft's assets to ensure Germany's oil supply. This includes securing jobs and future investments, with significant funding from the Federal and Länder Governments.
8 September 2022
LyondellBasell Delays Berre Cracker Restart to 2023
A fire-damaged ethylene cracker in France will remain offline until early 2023 due to high energy costs, low margins, and reduced demand.
24 August 2022
Achema Halts Fertilizer Production in Lithuania Due to Natural Gas Prices
Rising natural gas prices force a temporary halt in fertilizer production. Resin and technical gas production continue. Some employees will maintain equipment; others are on standby.
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23 August 2022
Grupa Azoty Kędzierzyn Scales Down Fertilizer Production Due to High Gas Prices
Natural gas prices surged from EUR 72/MWh to EUR 280.50/MWh in six months, driven by geopolitical tensions. The company monitors raw material prices and production profitability for future decisions.
22 August 2022
Grupa Azoty S.A. Halts Production Due to Record Gas Prices
Production units shut down due to high gas prices. Other products continue. Investment and repairs planned. Essential services maintained. Market conditions monitored for future decisions.
12 May 2022
Explosion at Melamin Chemical Factory in Slovenia
Over 20 injured, 2 severely, and 5 missing after an explosion. Fire contained, building damaged. Facility is a major regional employer, producing resins. Worst industrial fire in Slovenia recently.
1 April 2022
Belarusian Oil Refineries Cut Capacity Due to Sanctions and Export Decline
Belarus shifts oil refinery focus to domestic demand amid sanctions. Fertilizer exports to Russia increase, with fast-track certification easing market entry.
24 February 2022
KARPATNAFTOCHIM Ltd. Shutdown Notice
Due to martial law in Ukraine, production facilities are shut down. The company is prepared to comply with statutory requirements and urges everyone to remain calm.
27 September 2021
BASF Reduces Ammonia Production in Europe
Rising natural gas prices in Europe have made ammonia production economically challenging. Production will be adjusted based on ongoing gas price developments.
21 September 2021
CF Industries Restarts Ammonia Plant in Billingham, UK
The ammonia plant restart follows an agreement to cover costs and produce CO2 for the UK market, averting potential supply disruptions. The process will take several days.
20 February 2021
Equinor Methanol Plant Resumes Production in Norway
After a fire in December 2020, the Tjeldbergodden methanol plant has safely resumed operations. Extensive inspections and testing were conducted to ensure safe and stable production.
2 December 2020
Fire at Tjeldbergodden Methanol Plant Extinguished
A fire at a Tjeldbergodden methanol plant was extinguished within an hour. No injuries reported. The plant was shut down, personnel evacuated, and emergency procedures implemented.
15 May 2020
Solvay's Composite Materials Efficiency Plan
The plan includes closing plants in Manchester and Tulsa, cutting 570 jobs, and saving €60M annually by end of 2020, to counteract COVID-19's impact on demand in the civil aircraft sector.
14 November 2019
CIECH S.A. Records Impairment for CIECH Soda Romania Assets, No Impact on Adjusted EBITDA
An impairment loss of PLN 36.8M was recorded due to halted steam supplies, affecting EBITDA and net results. Production stopped on Sept 18, 2019. Future decisions pending by year-end.
17 May 2019
OCI Melamine Plant Turnaround and CO2 Reduction
The plant undergoes a three-week maintenance involving 1,000 tasks and 500 workers. Key upgrades include an energy-efficient stripper to cut energy use and CO2 emissions, prioritizing safety throughout.
27 February 2019
CropEnergies Resumes UK Ethanol Production
The UK plant will restart in March 2019 at reduced capacity to meet local demand. Continuous operation depends on the local market for alternative fuels and clarity on Brexit-related customs issues.
21 December 2018
INEOS Shale Ends Legal Action After National Trust Allows Clumber Park Survey
National Trust permits geological survey at Clumber Park after initial refusal due to environmental concerns. Surveys are non-intrusive and aim to reduce UK's carbon emissions.
3 April 2018
Evonik to Close Hungarian Kaba Site
Production at the Kaba site will end by April 2018 due to market competition. Alternatives were explored, and supply remains assured. Redundancies will be managed with local authorities.
1 April 2018
Natural Energy West Halves Biodiesel Production at German Plant
Production cut due to cheap imports from Argentina and Indonesia, impacting margins and prices. Calls for government action to address unfair trade practices and protect the EU biodiesel industry.
27 July 2017
OCI Fertilizer Plant Resumes Operations
After a 2015 fire, the plant underwent extensive repairs, including a new e-system and modern facilities. Production resumed in five months, with enhanced safety and efficiency measures in place.
3 December 2015
Celanese Sells Tarragona Emulsions Unit to IQOXE
The sale includes a 25,000mt emulsions unit with 29 employees. Celanese will still market certain products. The VAE unit will close due to lack of buyers, with production ceasing in October.
1 January 2015
Akzo Nobel Skoghall Site Decommissioning and Remediation
From 2011-2014, Reconsil managed the site's closure, including recycling, demolition, and hazardous waste handling. They continue overseeing environmental control and landfill capping.
21 November 2012
Thermphos Bankrupt
Declared bankrupt on Nov 21, 2012, the company faced strict government controls, competition, and safety issues. 450 jobs were lost, and no buyer emerged for a relaunch. Annual turnover was €400 million.
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