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Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali

Ercros to Close Plants and Cut Jobs In Major Restructuring

11:41 AM MDT | May 8, 2009

Ercros (Barcelona) has announced a major restructuring of its chlorine and derivatives business, involving permanent plant closures and the loss of 271 jobs. The plan is designed to adjust the company’s production to a steep fall in demand resulting from the global economic crisis, and it aims to cut costs by an annualized €48 million ($64 million). Ercros plans to close a chlor-alkali plant, and units making ethylene dichloride (EDC) and chloromethanes, at Palos de la Frontera, Spain. It also intends to close a chloromethanes plant at Flix, Spain. The...

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