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Regions :: Western Europe :: Italy
Chemtura to Shut Down Some European Plants
1:23 PM MDT | July 31, 2007 | Kate Phillips
Chemtura says it will discontinue antioxidants production at its Pedrengo and Ravenna, Italy facilities during the third quarter to reduce costs and increase efficiencies across its global antioxidants business. Chemtura says it also may discontinue production of two intermediate chemicals, including di-tert-butylphenol, at Catenoy, France. The closures will result in the loss of 125-135 jobs at Pedrengo, or roughly 29.6% of total employees at the plant; 25-35 jobs at Ravenna, or about 82.9% of positions there; and 35 jobs at Catenoy, or 1.8%. Wood: Restructuring...
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