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Job Cuts at Arkema and Vencorex Shake France's Chemical Industry

Arkema announces 154 layoffs following the collapse of supplier Vencorex, sparking fears of a broader industrial and economic impact in the region.

  • Arkema plans to eliminate 154 jobs at its Jarrie plant after Vencorex, its primary supplier of industrial salt, entered judicial restructuring and ceased deliveries.
  • Vencorex's only takeover offer, from Chinese competitor Wanhua, could preserve just 54 of its 464 jobs, prompting widespread criticism and calls for government intervention.
  • Union leaders and local officials warn the closures could trigger a domino effect across France's chemical sector, endangering thousands of jobs and critical supply chains.
  • The French government has ruled out nationalizing Vencorex, instead proposing a site reconversion plan, which unions and local representatives view as vague and insufficient.
  • Environmental concerns have been raised over the unmanaged salt mines at Pont-de-Claix, which could pose ecological risks if operations cease without proper measures.
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