November 14, 2024 15:31

Syensqo, the polymer and composite materials company spun off from Solvay last year, is the latest player in the European chemical industry to announce restructuring measures.

During the presentation of its third-quarter 2024 results, CEO Ilham Kadri announced a reorganization plan involving the elimination of 300 to 350 jobs, primarily in France, the U.S., Belgium, and Italy.
While details of the plan remain undisclosed, Kadri emphasized that discussions with unions will follow.