Switzerland-based global specialty chemicals provider Clariant has announced plans to close plants
and cut jobs in order to address overcapacities and reduce costs. The proposals are the first
arrangments in Clariant’s Global Asset Network Optimization (GANO) project, part of a wider
restructuring program the company has initiated to improve its efficiency and increase
competitiveness.
Clariant sites to be closed include Huningue, France; Pontypridd, Wales; CIVAC, Cuernavaca in
Mexico, and portions of two plants in Frankfurt and Gendorf, Germany. Clariant also is considering
closing its site in Onsan, South Korea. The closings will affect approximately 570 employees
worldwide.
Clariant expects to complete the closures — including transferring production to other parts
of the company’s site network — sometime between 2011 and 2013. The restructuring will cost
approximately 150 million Swiss francs.
November 24, 2009
