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Rosique requests the Minister of Industry in the Assembly to explain the real situation and the former General Electric (09/02/2009)

Socialist Party MP, Teresa Rosique, has requested a hearing with the Minister of Industry, Salvador Marín, to explain the Regional Assembly which is the real situation of the company Sabic, a former General Electric, based in The Aljorra.

Rosique explained that his initiative is due to the news published on a possible restructuring plan that the company justified because of the drop in sales of plastic by 35 percent by the crisis.

In 2007 the U.S. multinational General Electric sold to Saudi petrochemicals group Sabic its factory in Cartagena.

At that time the compromise was that Sabic would keep all their investments and jobs, not only direct but also indirect.

He even announced it would hire 4,000 employees.

Expand investment in Cartagena

Also in 2007, the Mayor, Pilar Barreiro, announced that the undertaking was "very interested in expanding their investment in Cartagena."

To which he added that the Industry Minister of Saudi Arabia had said it "did not want just the plastics plant, but keep in Cartagena a center of economic and financial activity very important."

Also, the minister Inmaculada Garcia expressed his "great satisfaction of the regional government and the Saudis, he said" have ensured the continued investment in the Community. "

Socialist Parliamentary Group considers that the regional government must be "fully aware of the current status of this company, possible consequences of this restructuring plan view of the large subsidies that the company has received from its location in Cartagena."

Therefore, Teresa Rosique want the Minister of Industry report in Parliament about the real situation of this company.

"The Socialist Party considers essential to maintain the seven hundred jobs, especially in these times of crisis, as committed as the former General Electric as the new owners of the multinational when it was sold to The Aljorra plant."

Source: Grupo Parlamentario Socialista en la Asamblea

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