The company, which is part of Avara Pharma Group is based in Shannon, county Clare and employs more than 110 workers. Avara manufactures chemicals, including ingredients in medicines, for the pharmaceutical industry.

SIPTU Organiser, Ray Mitchell, said: “SIPTU members in Avara are shocked to hear that company had gone into provisional liquidation putting their jobs and livelihoods at risk. SIPTU representatives have arranged to meet early next week with the liquidator in an effort to try and secure as many jobs for the future.”