ContiTech closes Turkish hose plant

London – ContiTech has confirmed the closure of a marine- and mining- hose production plant in Çerkezköy, Turkey due to global downturn.

A total of 30 employees were affected by the closure in March, according to company spokeswoman Antje Lewe.

“Due to the worldwide downturn in the petrochemical and mining industry, the oil and gas industry was faced with a lasting slowdown…

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