Brief: Outokumpu Invests In Concejo's Associated Company Envigas

Concejo AB (publ)

13/11/2023 13:13

Nov 13 (Reuters) - Concejo AB (publ)  CNCJOb.ST :
    * OUTOKUMPU INVESTS 9.9 MEUR IN A DIRECTED SHARE ISSUE
    * ENVIGAS IS PLANNING TO EXPAND ITS PRODUCTION, WITH THE AIM
OF
ACHIEVING ADDITIONAL CAPACITY OF AROUND 25,000 TONNES OF BIOCHAR
BY 2026
    * ENVIGAS ENTERS INTO A LONG-TERM SUPPLY AGREEMENT WITH
OUTOKUMPU,
MEANING OUTOKUMPU WILL BE GUARANTEED AT LEAST 50% OF ENVIGAS'
CURRENT AND FUTURE PRODUCED VOLUMES FROM THE FIRST PHASE OF THE
COMPANY'S EXPANSION

Source text for Eikon:  ID:nWkr7hwkRd 
Further company coverage:  CNCJOb.ST 

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