Lyon Court Delays Decision on Vencorex Plant's Future to April 10

The court extended the timeline to evaluate competing proposals: an employee-led cooperative aiming to preserve 273 jobs and a partial acquisition by Chinese group Wanhua.

• The Lyon commercial court postponed its decision on the Vencorex chemical plant to April 10, 2025, allowing more time to assess the two proposals under consideration.
• The CIRCEI cooperative project, led by employees and supported by a local entrepreneur, seeks to save 273 jobs and transform the site into a chemical innovation hub.
• The CIRCEI proposal requires €60 million in public funding and €40 million in bank loans, with additional financial commitments still being finalized.
• Wanhua's partial acquisition plan would retain only 50 to 70 jobs, raising concerns over industrial sovereignty, environmental management, and regional economic stability.
• Local and national politicians have urged President Macron to intervene, emphasizing the strategic and economic importance of the Vencorex plant to critical industries like aerospace and nuclear sectors.

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