| Switzerland-based
Clariant International Ltd. has announced it will move a significant part
of production at its Colour-Chem Ltd. subsidiary located in Thane, India,
to another Clariant production site in Roha, India. The relocation will
result in the loss of 500 jobs at Colour-Chem, and the creation of 60 jobs
at the Roha facility.
According to the company, the move is being
made in an effort to strengthen Clariant's competitiveness, reach expansion
goals and consolidate production at one site.
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