Roquette, a provider of plant-based ingredients for food and other industrial sectors in the UK, has announced proposals to cease all manufacturing activities and shut down its production plant in Corby by the end of 2020.
Despite efforts to maintain a profitable operation and improve the efficiency of the plant, the Roquette Group considers that the financial results in recent years have not made the operation in Corby financially viable.
“It is with deep regret that we must announce the launch of this consultation. This has not been undertaken lightly and we understand how unsettling today’s announcement will be,” said Phillip Wells, the plant manager in Corby.
“We also understand the impact that this proposal would have on our employees, wider supplier base and the local community. We are committed to working closely with all stakeholders to meet our obligations and to treat our colleagues, counterparts and business partners fairly and respectfully throughout this difficult time.”
It is proposed that the Corby plant would cease manufacturing activities by the end of 2020. Until then the supply of products and services to UK customers would remain the same.
Further to that, it is envisaged that supply and technical support to the UK market would be provided through imports from other plants of the Group to ensure continuation of supply based on revised agreements.
The closure would affect the vast majority of Roquette’s workforce of 135 employees.