Affected by the sudden decline in the demand of carbon fibre-based products from the aerospace and wind energy industries, the management group of UK-based SGL Carbon Fibers Ltd is trying to look for ways to avoid workforce redundancy, which might occur due to a dip in production levels, BBC News reported.

With the help of its union representatives, the company is currently discussing possible alternatives to retain its 206 employees, who have been diverted to other maintenance and site-improvement activities because of the downward spiral in production level followed by poor market conditions.

The firm is also thinking on the terms of cost savings and temporary reduction of working hours so as to maintain the size of its skilled and experienced workforce, which in future should be able to respond promptly as and when the demand picks up, said the management.

The company, which also supplies materials for car-making and sports equipment businesses, is a part of SGL Group, which is one of the leading manufacturers of carbon-based products and has the broadest product and technology portfolio, a global sales network and state-of-the-art production sites in Europe, North America and Asia.