Sep 17, 2013. /Lesprom Network/.
Sonae
Indústria, SGPS, SA announces that its indirectly affiliated companies GHP GmbH
and Tool GmbH intend to enter into negotiations with employee representatives
and trade unions regarding the potential reduction of the particle board
activities performed in the plant located in Horn-Bad Meinberg, Germany.The
decision to enter into these negotiations is due to the continuous losses that
are being incurred in the light of the lower demand for particle board and the
industry overcapacity as a whole, as the company said in the press release
received by Lesprom Network.
“Any
decision to implement a reduction of activity at our Horn-Bad Meinberg plant
after the negotiations with employee representatives and trade unions would be
consistent with our stated strategy of reducing our industrial footprint and
concentrating production in our more efficient and profitable plants,” the
company said.
Sonae
Indústria is one of the largest wood based panels producers in the world. The
product range includes: particleboard; MDF (Medium Density Fibreboard); hardboard;
OSB (Oriented Strand Board).