French chemicals group Arkema to cut 154 jobs at Jarrie site (updated)

Arkema SA

21/01/2025 15:57

(Adds detail and context, paragraphs 2-5)
       Jan 21 (Reuters) - French speciality chemicals group
Arkema  AKE.PA  plans to cut 154 positions at its Jarrie site
after deciding to halt some of its production there, it said on
Tuesday.
    The chlorine, soda, methyl chloride and technical fluids
production activities will be shut down after the interruption
to salt deliveries by Vencorex, Arkema said.
    "The lack of an alternative supply of salt, in quantity and
of a quality comparable to that of Vencorex, was a strong threat
to maintaining the activity of the entire site," the group's
press release said.
    The job cuts are expected to take place between mid-2025 and
end of 2025, it added.
    French chemicals group Vencorex was placed in receivership
last September at the request of its main shareholder,
Thailand's PTT GC.
        
  


 (Reporting by Alban Kacher
Editing by David Goodman)
 ((alban.kacher@thomsonreuters.com))