Possible discontinuance of UK production
On March 31st, 2015,
Zeon Chemicals Europe Limited (Sully, Vale of Glamorgan, CF64 5ZE, United Kingdom), a wholly owned subsidiary of ZEON CORPORATION (1-6-2 Marunouchi, Chiyoda-ku, Tokyo, Japan), is considering the discontinuation of its production operation and has entered into consultation with its employees regarding this.
The primary reasons for the consideration are:
1.Uncertainty in long term availability and supply of primary raw materials to the UK site
2.Changing market conditions