March 17, 2017 /PRNewswire/ -- Huntsman Corporation (NYSE:HUN) has announced a plan to close their remaining operation of its titanium dioxide (TiO2) manufacturing facility based in France, during the third quarter 2017.
The announced plan follows the 2015 closure of the black end manufacturing operations and would result in the closure of the entire facility. 108 positions on the site will be affected.
The plan to close the Calais white end is structured to allow completion of any remaining obligations to any third parties and regulators.
Simon Turner, President of Huntsman Pigments and Additives division, commented: "The planned closure of the Calais facility further optimizes our manufacturing network, and will increase our recently announced business improvement program by $15 million to a total annual benefit of $90 million. Our priority is to communicate with our Calais employees and their representative groups, along with local community leaders, to ensure that the planned closure is safely and effectively managed."