Ercros (Spain), a chemical maker also active in the polyvinyl chloride (PVC) market, has announced restructuring plans which it says will save expenditure by EUR 48 mln per year and reduce 410 employmment positions (22%) amid the steep decline in demand led by economic crisis.
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Friday, May 22, 2009
Spanish PVC maker Ercros takes drastic cost reduction measures amid low demand
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