IHS Chemical Week

People & Business :: Companies

Report: Trade unions concerned about the future of Kem One

10:16 AM MST | February 8, 2013 | Francinia Protti-Alvarez

Force Ouvrière (FO; Paris) and Confédération Générale du Travail (CGT: Montreuil, France) have expressed concerns about the future of Kem One (Lyon, France) , according to a report published in Le Parisien, as the financial health of the company would be “very deteriorated” since the sale by Arkema to The Klesch Group (Geneva) in July last year.   According to FO, the company registered €60 million ($81 million) in operational losses at the end of last year while the treasury “should be close to...

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