France: Cessation of Production Orion Engineered Carbons to Close Carbon Black Plant in France

Orion Engineered Carbons will proceed to implement the restructuring and down staffing of that facility with cessation of production at the site expected by the end of 2016.

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Ambès/France — Orion Engineered Carbons, a supplier of specialty and high-performance Carbon Black, announced that its French subsidiary, Orion Engineered Carbons, has reached an agreement with the Works Council and labor union at its Ambѐs, France facility on a comprehensive social plan, which has been approved by the regional labor authority. The French subsidiary will proceed to implement the restructuring and down staffing of that facility with cessation of production at the site expected by the end of 2016. The Orion plant in France employs approximately 40 people and has a carbon black production capacity of up to 45 kt per year, predominately used in the production of tires and other rubber goods. The plant will be deactivated following the depletion of the existing stocks, fulfilling ongoing existing customer commitments until depletion

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