Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
      Elastomers for Sustainability Top 10
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
October 17, 2017 12:00 AM

Semperit agrees deal to close French plant

Patrick Raleigh
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Argenteuil, France – Sempertrans France Belting Technology (SFBT), part of Semperit AG, has reached an agreement with employees over the the previously-announced closure of its production plant in Argenteuil.

    In a 13 Oct statement, the Austrian parent group said the agreement would be submitted to the French labour authorities for approval, which is expected in two weeks.

    “With the mandatory special consultation and negotiation procedure being almost completed, the project is now going to enter the implementation phase. This will allow SFBT to start deploying all the accompanying measures for the employees as provided for by French law,” Semperit said.

    Semperit announced in early July that it was considering the complete shutdown of its Argenteuil plant as part of its measures to save costs and restructure.

    The company started consultation and negotiation with the representatives of the affected French employees on 30 June.

    The shutdown would impact 64 employees at the production site, which produces special conveyor belts. The subsidiary’s office in Levallois, France, will not be affected by the measures.

    Speaking to ERJ at the time, Semperit Group communications manager Martina Buechele said that the decline in global conveyor market, mining industry slowdown had prompted the restructuring measures.

    Buechele also cited other issues such as tough competition, pressure on prices and the significant impact of raw material price volatility on margins as contributors to the decision.

    According to the Semperit spokeswoman, under the new restructuring plan, Semperit aims to consolidate its production into one site in each of its regions, with its manufacturing plant in Poland, Belchatow producing for the European region and strategic supply.

    Other Sempertrans production sites are based in India and China, which manufacture conveyor belts both for domestic use and export.

    No other activity of the Semperit Group in France is affected by these measures.

    The company expects the closure to have a €10 million impact in terms of exceptional charges and one-off expenses for the Semperit group.

    RECOMMENDED FOR YOU
    Versalis gains sustainability cert for product from bionaphtha and chemical recycling
    Versalis gains sustainability cert for product from bionaphtha and chemical recycling
    Michelin tires will be “100% sustainable” by 2050
    Michelin tires will be “100% sustainable” by 2050
    MouldTex advances mould-texturing for friction-optimised rubber parts
    MouldTex advances mould-texturing for friction-optimised rubber parts
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. 
    European Rubber Journal is published bi-monthly by NUERJ Ltd.

    Registered Office: Castle House, 89 High Street,
    Berkhamsted, Hertfordshire HP4 2DF, United Kingdom. 

    Tel. + 44 (0)203 196 0141 

    Registered No. 13104613 England

    Email: [email protected]

    Website www.european-rubber-journal.com

    Customer service 

    Tel. + 44 (0)203 196 0141 

     

    Resources
    • About us
    • Contact Us
    • Advertise with Us
    • Media Kit
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2021. Crain Communications, Inc. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac