Exxon Says About 20 Workers On Strike At Petchem Plant At Gravenchon In France Until Thursday, Too Early To Assess Impact; Refining Unaffected, Only Concerns Polypropylene, Polyethylene Production
Portfolio Pulse from Benzinga Newsdesk
ExxonMobil has reported that approximately 20 workers are on strike at its petrochemical plant in Gravenchon, France. The strike is expected to last until Thursday, and it is currently too early to assess the impact on operations.
May 29, 2024 | 1:56 pm
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ExxonMobil is facing a strike involving 20 workers at its Gravenchon petrochemical plant in France. The strike is expected to last until Thursday, and the impact on operations is currently uncertain.
The strike involves a small number of workers (20) and is limited in duration (until Thursday). While the immediate impact on operations is uncertain, the limited scale suggests a neutral short-term impact on ExxonMobil's stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80