Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-23-Speech-2-534-937"
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"en.20121023.45.2-534-937"2
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"I supported this proposal. One of the criteria for the Commission’s assessment was the evaluation of the link between the redundancies and major structural changes in world trade patterns due to globalisation. The Dutch authorities argue that the European aluminium sector suffered from a sudden drop in consumer demand (a reduction by 25.7 % from average EU aluminium usage between 2008 and 2009. The production of Zalco Aluminium Zeeland Company NV was dependent on the construction and transport industry (which represented 63 % of the main end-user market of aluminium products in Europe in 2010). The majority of Zalco’s Aluminium Zeeland Company NV production was produced for the rolling and extrusion industry. Almost their entire production of extrusion billets was used for the construction and transport industries, and in particular in the automotive sector. Zalco Aluminium Zeeland Company NV suffered from the declining demand – due to the global financial and economic crisis – in these two sectors leading, after unsuccessful attempts to overcome the difficulties, to bankruptcy at the end of 2011."@en1
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