EconomyDuralex: a loan of 15 million euros from the...

Duralex: a loan of 15 million euros from the state for wintering


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The state will provide a €15 million loan to Duralex, a glassworks choked by soaring energy prices, “to help it get through the winter,” Industry Minister Roland Lescure told Europe 1 on Monday.

In September, the company announced that it would have to put the kiln on standby for at least four months from November at its historic factory, located in Chapelle-Saint-Mesmin in the Loire, and put all of its employees on short-term work to save energy and save money. .

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“I’m going to tell them that there is a state and that we are going to provide a loan of 15 million euros to accompany Duralex,” announced the minister, who is due to visit the company’s website in the afternoon.

He mentions the “extremely strong impact of energy costs” because “glass production requires the consumption of gas and electricity.”

“They close their oven”

“Duralex had to close their business for the winter, they continue to sell glass because they have stock, but due to rising energy prices, they are closing their furnace. These 15 million will literally allow them to winter. This energy shock is really a brake on a company that was in the process of recovery and we want to support that recovery,” added Mr. Lescure.

The iconic glassworks was acquired in extremis in January 2021 after having been taken over by International Cookware (Pyrex) a few months earlier, which became Maison Française du Verre earlier in the year. Established in 1945 by Saint-Gobain, the glassworks in the suburbs of Orléans employs 250 people and in 2021 had a turnover of 23.4 million euros.

Maury, typographer for Paris Match and Gallimard, also supported

During his trip, Roland Lescure will also visit Maury’s printing house in Malecherbois, which prints weeklies (notably Paris Match, L’Express and Le Point) and books like those of the Gallimard publishing house, and whose “account (energy) has increased from 5 to 20 million euros per year between 2021 and 2022.”

The minister indicated that Mori would be able to benefit from state energy assistance “up to a total of 12 million euros”, “or about a third [sa] electricity bill”, that is, two million, of which the company has already won, and “up to ten million”, thanks to the window set by the government.

This help desk for paying business electricity bills opened on Saturday in September and October 2022.

Source: Le Parisien

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