Brief: Borregaard: Permanent Closure Of Lignin Production In South Africa

BORREGAARD ASA

23/10/2020 14:28

Oct 23 (Reuters) - Borregaard ASA  BORD.OL :
    * REG-BORREGAARD ASA: PERMANENT CLOSURE OF LIGNIN PRODUCTION
IN
SOUTH AFRICA
    * OWNERS OF LIGNOTECH SOUTH AFRICA, BORREGAARD AND SAPPI
GROUP,
HAVE DECIDED TO PERMANENTLY CLOSE LIGNIN PRODUCTION FACILITY AND
TO TERMINATE COOPERATION AGREEMENT
    * CONVERSION OF PULP LINE WILL BE COMPLETED MID-2021
    * IN INTERIM PERIOD, CALCIUM SULPHITE PULP LINE WILL BE
OPERATED
TO SOME EXTENT, RESULTING IN LIMITED PRODUCTION OF LIQUID LIGNIN
BY LIGNOTECH SOUTH AFRICA UNTIL PERMANENT CLOSURE COMES INTO
EFFECT

Source text for Eikon:  ID:nGNE58LCrN 
Further company coverage:  BORD.OL 

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