Holcim Belgique announced it will close its Haccourt cement grinding plant, near Liège, Belgium. The unit currently employs 43 people.

This project is part of a reorganisation of Holcim’s European industrial base announced earlier this week. The group said in a statement that the shutdown was due to a “deterioration of market conditions and grinding overcapacity at Holcim Belgique.”

"Holcim Belgique, whose clientele goes beyond the borders of Belgium, is facing increased competition in an already tense market and has a grinding overcapacity. Additionally, Holcim is also facing competition from neighbouring countries that import their products into Belgium, " the company said.

It further added: "If the proposed closure is confirmed, the management of Holcim Belgique wants to start discussions with staff representatives as soon as possible to mitigate the effects of this collective redundancy."