EMCC European Monitoring Centre on Change

Lhoist

Company/Organisation:
Lhoist

Geographic Location

Country: Belgium
Region: Région Bruxelles-Capitale / Brussels Hoofdstedelijke Gewest
Location of affected unit(s): Hermalle, Marche-les-Dames, Jemelle

Company

Sector: Mining / quarrying
Mining and quarrying
08.11 - Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate
Number Employed: 740
Group: Lhoist

Employment Effects

Announcement Date: 12-09-2019
Planned Job Reductions min: 117
Type of Restructuring: Internal restructuring
Employment Effect Start: 30-09-2019
Direct Dismissals: 117

Additional Information

Lhoist, a Belgian limestone mining company, and one of the main players in the industry on a global scale, has announced it will dismiss 117 of its 740 Belgian employees across 3 of its Belgian facilities. The main reasons behind the restructuring efforts are a decline in demand from steel and specialised brick producers, that use lime and dolomite in their production processes. Additionally the company has a running conflict with the monks of the nearby abbey of Rochefort that use local water sources for their beer production, and are opposed to further expansion of the local quarry. In addition to the job cuts, the management has announced it will invest a further €90 million to specialise more in the mining of dolomite.

Sources: