Magnera shuts Pilar nonwovens plant in Argentina, cutting 140 jobs

Magnera has permanently closed its manufacturing plant in the Pilar Industrial Park, Argentina, ending production of nonwoven materials and films used in diapers and wipes. The closure eliminates 140 jobs, two months after the company had already cut 40 positions at the same site. Magnera said the move was a step towards efficiency; affected staff will receive full statutory severance plus an additional payment.

Why this mattersThe closure removes nonwovens and film capacity for diapers and wipes from Argentina and continues Magnera's footprint rationalisation as its revenues decline.

• Magnera closed its Pilar, Argentina plant, cutting 140 jobs.
• The company had already cut 40 jobs at the same site two months earlier.
• Magnera CEO Curt Begle described the closure as a step towards efficiency.
• Magnera reports annual revenue of USD 2.9bn.
• Affected workers, some with over 20 years of service, will receive 100 percent statutory severance plus an additional payment.
• The plant made nonwoven materials and films used in diapers and wipes.

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