Vynova in Tessenderlo-Ham Files for Bankruptcy: 600 Employees Lose Their Jobs
5 Articles
5 Articles
The chemical company has been in court since last December. The chemical company Vynova Belgium, located in Tessenderlo-Ham...
Chemical company Vynova in Tessenderlo-Ham is filing for bankruptcy. The management announced this this morning at a special works council meeting. The 600 employees will lose their jobs. Vynova has debts of more than 275 million euros and spent the past year looking for a buyer, but without success. The management has promised the trade unions that the wages of the employees who worked in November will be paid.
The chemist Vynova announced on November 10 his intention to ask for the bankruptcy of his Belgian subsidiary Tessenderlo-Ham, where about 600 jobs are threatened. The court's decision remains awaited. The group also examines the consequences for its French site in Mazingarbe, without announcing at this stage a French bankruptcy.
Vynova director Luc Leunis pictured during a photoshoot in Vynova chemical industry, in Tessenderlo. BELGA PHOTO CHRISTOPHE KETELS The chemical company Vynova Belgium, located in Tessenderlo-Ham (Limburg), announced on Tuesday morning that it was going to be bankrupt during an extraordinary business council. About 600 people will lose their jobs. The chemical factory has been the subject of a legal reorganization procedure since last December. T…
The news at Vynova does not come as a complete surprise. Things had been going badly at the chemical company for some time. We compiled an overview of the disastrous year in Tessenderlo-Ham.
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