Agc'S Roux Site Set To Shut

AGC Group have announced it intends to close its Roux, Belgium plant. The plant specialised in producing patterned glass for photovoltaic panels, but has been consistently loss-making. The EU market for solar glass has suffered badly from massive imports of dumped products from China. The consequent fall of sales prices has led to a collapse of the EU solar industry, with many EU producers going out of business or going bankrupt. It is widely thought that the anti-dumping measures on imports of solar glass from China by the European Commission are not believed to have any structural effect on the European market. Despite ACG's willingness and efforts to find a potential buyer, no solution has been found to-date and consequently, the redundancy plan and support measures will be discussed with the Works Council and union organisations in respect of the 190 people employed.

Author
Un-named
Origin
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Journal Title
Glass International March 2014 4
Sector
News Items
Class
N 3224

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Agc'S Roux Site Set To Shut
Glass International March 2014 4
N 3224
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