Brief: Tessenderlo To Restructure Vilvoorde And Close Treforest Site

Tessenderlo NV

21/11/2024 16:52

Nov 21 (Reuters) - Tessenderlo Group NV  TESB.BR :
    * INTENTION TO RESTRUCTURE VILVOORDE (BE) SITE AND CLOSE
TREFOREST
(UK) SITE WITHIN THEIR PB LEINER BUSINESS UNIT
    * TESSENDERLO GROUP ANNOUNCES INTENTION TO RESTRUCTURE
VILVOORDE
(BE) SITE AND CLOSE TREFOREST (UK) SITE WITHIN THEIR PB LEINER
BUSINESS UNIT
    * HAS FORMALLY OPENED AN INFORMATION AND CONSULTATION
PROCESS WITH
THE EMPLOYEES’ REPRESENTATIVES TO ANALYZE POTENTIAL OPTIONS FOR
ITS PLANTS IN TREFOREST AND VILVOORDE
    * DECLINING DEMAND IN THE  WESTERN WORLD, SHIFT TOWARDS
ALTERNATIVE PRODUCTS, MIGRATION TO LOWCOST COUNTRIES CREATING
INTENSE PRESSURE
    * EUROPEAN BONE GELATIN CURRENTLY FACES SIGNIFICANT
CHALLENGES

Source text: [ID:https://tinyurl.com/mpr7hcru]
Further company coverage:  TESB.BR 

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