The AGC Group intends to shut its Roux, Belgium plant, specialised in producing patterned glass for photovoltaic panels, as the activity has been consistently loss-making.
Against a background of economic recession, the European market for solar glass has suffered strongly from massive imports of dumped products from China.
The consequent fall of sales prices has led to a collapse of the EU solar industry, with many European producers going out of business or going bankrupt.
The anti-dumping measures on imports of solar glass from China by the European Commission are not believed by AGC to have any structural effect on the European market.
Despite the company’s willingness and efforts to find a potential acquirer, no solution has been found to date to produce a viable business plan for the activity which employs 190 people.
Consequently, the redundancy plan and support measures will be discussed with the Works Council and union organisations.
AGC intends to remain active in manufacturing, marketing and distributing patterned glass for decorative applications through its Barevka, Czech Republic, plant.