US-based huntsman is progressing to shut its titanium dioxide (TiO2) producing facility in port, France, by the third quarter of this year.
As a part of the plan, the white end finishing and packaging operation of the port TiO2 facility can stop working, resulting in the closure of the whole facility.
In 2015, huntsman closed the black end producing operations of its Calais-based TiO2 production facility.
Closing the white end destination of the port TiO2 facility can alter huntsman to finish any of its remaining obligations to any third parties and regulators.
The projected closure can have an effect on 108 positions on site.
Huntsman pigments and additives division president Simon Turner said: “The planned closure of the port facility any optimises our producing network and can increase our recently declared business improvement programme by $15m to a complete annual good thing about $90m.
“Our priority is to speak with our port staff and their representative teams, together with local people leaders, to confirm that the planned closure is safely and effectively managed.”
Huntsman is concerned within the producing and selling of differentiated chemicals worldwide.
The company operates quite one hundred producing and research and development (R&D) facilities in or so thirty countries.
In Gregorian calendar month this year, Huntsman’s TiO2 producing facility in Pori, Finland, caught hearth. The incident failed to injure anyone.
The Pori facility features a production capability of 130,000t, that represents around 15% of Huntsman’s total TiO2 capability and concerning 10% of total European demand.