The old SAFA has been fighting for its continuity for a hundred years

by time news

2023-08-09 20:00:44

The Nylstar textile from Blanes reaches 100 years of history in the midst of a struggle to continue with its activity. To know the beginnings of Nylstar you have to go back to 1923. The textile is the heir of the old SAFA (Society Anonima de Fils Artificiales), a company that was established on August 9, 1923 and came to have 2,500 workers.

At the end of 1989 SAFA became Rhône Poulenc Fibras and just four years later, in January 1994, it was made public union between Rhône Poulenc and the Italian Snia Fiber to form a new company, Nylstar.

Exterior of the Nylstar plant in Blanes Carlos Colomer

The textile went into receivership in 2007. Three years later, the investment group estateowned by Alfons Cirera, obtained, in the third judicial auction for Nylstar Spain – the first two were empty – 100% of the company’s shares.

In the last year textiles have been the protagonist, and not precisely because of good news. In September, the unions complained about a delay in the payment of salaries. Subsequently, the company began to make stoppages in production due to rising energy prices and, at the end of the year, the Blanes factory announced that it planned to lay off 28% of the workforce, 24 of the company’s 84 employees. Finally, Nylstar withdrew the Employment Regulation File (ERO), just one day before the end of the negotiation and without notice.

A Nylstar worker, in a file image. | ACN joel lozano white

Later, the company announced that it was going into bankruptcy with an accumulated debt of around 10 million euros, according to the works committee. Cirera then affirms that the problem is “that we can only dedicate ourselves to specialties”. Now, half a year later, the activity has resumed, to produce Nylon 6.6 thread, thanks to a line of credit advanced by one of those interested in the purchase of the company’s production unit.

Nylstar resumes production to make 80 tons of yarn

#SAFA #fighting #continuity #years

You may also like

Leave a Comment