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2024 09 24T162303Z 1 LYNXMPEK8N0N6 RTROPTP 4 SOLVAY RESULTS
2024 09 24T162303Z 1 LYNXMPEK8N0N6 RTROPTP 4 SOLVAY RESULTS

Solvay to cut 68 jobs in Salindres site throughout 2025


 

(Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease production at its Salindres site in France.

“The envisaged discontinuation of these activities would result in the elimination of 68 positions,” Solvay said in a statement.

The group expects to eliminate these positions between early 2025 and October 2025.

The Salindres site is responsible for producing trifluoroacetic acid (TFA) and its fluorinated derivatives. Both are organic compounds classified as PFAS according to the OECD definition.

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The company said it expected to take a provision of around 50 million euros ($55.79 million) as a result.

($1 = 0.8963 euros) (This story has been corrected to say that the company is expected to take a provision of 50 mln euros, not save the amount, in paragraph 5)

 

(Reporting by Dimitri Rhodes; Editing by Mark Heinrich and Tomasz Janowski)

 

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