O-I’s container glass manufacturing plant in Schiedam, The Netherlands, is set to close.

Approximately 230 jobs are set to be lost when the plant closes in August this year.

The company said the Schiedam site was no longer profitable due to overcapacity in the glass market, relatively high production costs and outdated furnaces.

Some of the employees at the site are to be offered to transfer their jobs to O-I’s other sites in The Netherlands, at Leerdam and Maastricht.