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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Tessenderlo Plans Job Cuts at Pharma Ingredients Site in France

6:33 AM MDT | April 21, 2010 | Nancy Seewald

 Tessenderlo Group subsidiary Calaire Chimie (Calais, France), a manufacturer of intermediate organic substances and active ingredients for the pharmaceutical industry, says it has undertaken a reorganization of its Calais production facility due to a 52% decline in sales. Management has proposed eliminating 51 positions at the site, about 20% of the facility’s total workforce, and is working with employee representatives to finalize a plan. Calaire Chimie says it intends to develop new markets and maintain its position in the pharmaceutical industry...

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