Low & Bonar, a leader in performance materials, has announced the company’s intention to relocate part of the Bonar Yarns production from Dundee to Abu Dhabi, as part of the ongoing actions being taken to improve the performance of the Bonar Yarns business unit.

This has resulted in the commencement of a formal consultation process with employee representatives on the site, which is expected to affect up to 68 jobs.

Period of uncertainty

“We know that this will be a period of uncertainty for our staff at Dundee and we are committed to consulting fully with our employees and their representatives,” explained Brett Simpson, Chief Executive of Low & Bonar.

“We do believe however that the restructuring of our workforce is necessary to help us secure the long-term viability and competitiveness of Bonar Yarns in a highly competitive global marketplace.”

Low & Bonar

Low & Bonar has been repositioning itself significantly and is now a leader in performance materials. The company expects that its strategy will see further growth in margins and support trend sales growth rates above that of the overall economy.

Low & Bonar PLC is an international group manufacturing and supplying a wide range of products for the performance materials industry.

It is a global business, supplying yarns, fabrics and fibres to a broad range of end markets including civil engineering, building products, transport, sports and leisure, agriculture and other industrial applications.

www.lowandbonar.com