09
Restructuring
IMERYS LOOKS TO A SUSTAINABLE FUTURE
IN JULY 2006 IMERYS PIGMENTS FOR PAPER ANNOUNCED A MAJOR
REORGANISATION OF ITS GLOBAL KAOLIN BUSINESS, RESULTING IN THE
TRANSITION OF ITS UK COATING KAOLIN PRODUCTION IN CORNWALL,
TO BRAZIL BY THE END OF 2007.
THIS TOUGH, BUT NECESSARY DECISION BY THE COMPANY, DUE
LARGELY TO ROCKETING ENERGY PRICES IN THE UK HAS UNDOUBTEDLY
HAD A TREMENDOUS IMPACT ON SOME OF OUR REGIONAL OPERATIONS,
LOGISTICS INFRASTRUCTURE AND OF COURSE OUR PEOPLE IN BOTH
EUROPE AND SOUTH AMERICA.
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