Top Stories

Solvay to cut 68 jobs in Salindres site throughout 2025

Published by Uma Rajagopal

Posted on September 25, 2024

1 min read

· Last updated: January 29, 2026

Add as preferred source on Google
Solvay's Salindres site where 68 jobs will be cut, impacting production - Global Banking & Finance Review
Image of Solvay's Salindres facility, which faces job cuts due to production discontinuation. This reflects broader industry changes impacting jobs and PFAS production, relevant to banking and finance news.
Global Banking & Finance Awards 2026 — Call for Entries

(Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease production at its Salindres site in France. The envisaged discontinuation of these activities would result in the elimination of 68 positions,” Solvay said in a statement. The group expects to eliminate these positions between early […]

(Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease production at its Salindres site in France.

The envisaged discontinuation of these activities would result in the elimination of 68 positions,” Solvay said in a statement.

The group expects to eliminate these positions between early 2025 and October 2025.

The Salindres site is responsible for producing trifluoroacetic acid (TFA) and its fluorinated derivatives . Both are organic compounds classified as PFAS according to the OECD definition.

The company said it expected to take a provision of around 50 million euros ($55.79 million) as a result.

($1 = 0.8963 euros) (This story has been corrected to say that the company is expected to take a provision of 50 mln euros, not save the amount, in paragraph 5)

(Reporting by Dimitri Rhodes; Editing by Mark Heinrich and Tomasz Janowski)

Frequently Asked Questions

What is a financial crisis?
A financial crisis is a situation where the value of financial institutions or assets drops significantly, often leading to widespread economic instability, loss of savings, and increased unemployment.
What is corporate strategy?
Corporate strategy is the overall plan for a company to achieve its goals and objectives, including decisions about resource allocation, market positioning, and competitive advantage.

Tags

Related Articles

More from Top Stories

Explore more articles in the Top Stories category