A producer of PVC products, among others, announced yesterday, Tuesday 8 July, to stop production of flooring products at its Beek plant. The plant in question is the Dutch branch of Vynova.
© Vynova
The company informed its employees on Tuesday and started the formal consultation process with the works council of Vynova Beek B.V. Subject to the advice of the works council, Vynova plans to cease production activities in Beek in November 2025.
The Beek plant, located on the Chemelot industrial park, has been in operation since 1972. It currently employs about 100 people and its annual PVC production capacity is 225,000 tonnes.
Christophe André, CEO of Vynova, commented: 'Our announcement follows a thorough review of our production facilities, in light of ongoing economic, regulatory and commercial challenges. The European PVC market is under severe pressure from global overcapacity, persistently weak demand, and increasing competition from regions with lower production costs and less stringent regulations. There are no signs that these conditions will improve in the short term. This difficult but necessary step will allow us to strengthen our long-term competitiveness and continue to serve our core markets as a reliable partner.'
Henk Veldink, COO of Vynova, added: 'We fully realise the impact this announcement will have on our colleagues in Beek. In line with our corporate values, we will be fully committed to supporting them during this transition period with a comprehensive package of initiatives.'
More information:
Vynova
www.vynova.nl
