Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-03-10-Speech-2-252-690"
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"en.20150310.25.2-252-690"2
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"I supported this proposal. The redundancies in Zachem were unforeseen because of the suddenness of the increase in market supply of its flagship product TDI (toluene di-isocyanate). The surplus supply of 30%, as a result of investments undertaken in other parts of the world to benefit from economies of scale and to further integrate the supply chain, enabled these producers to manufacture at a lower average cost. This together with low transport costs resulted in Zachem’s inability to compete in this environment. As far as the second source of revenue is concerned, the manufacture of ECH (Epichlorohydrin), its sale became unprofitable for the group due to the increase by around 160% of the prices of its raw material propylene.
The coordinated package of personalised services to be co-funded will be aimed at the 50 most disadvantaged persons and will include the following two measures: hiring incentives and intervention works."@en1
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