Brief: Elkem Expands Production Capacity For Carbon Solutions In Brazil

Elkem ASA

01/02/2023 06:33

Feb 1 (Reuters) - Elkem ASA  ELK.OL :
    * ELKEM EXPANDS PRODUCTION CAPACITY FOR CARBON SOLUTIONS IN
BRAZIL
    * DECIDED TO INVEST AROUND NOK 200 MILLION TO INCREASE ITS
PRODUCTION CAPACITY IN BRAZIL FOR PITCH, A RAW MATERIAL FOR
ELECTRODE PASTE TO INDUSTRIAL SMELTERS.
    * INVESTMENT WILL INCREASE PRODUCTION CAPACITY BY UP TO 40
PER
CENT FROM 2024, AND IS EXPECTED TO GENERATE ADDITIONAL ANNUAL
SALES IN EXCESS OF NOK 300 MILLION.

Source text for Eikon:  ID:nObiDb8gKa 
Further company coverage:  ELK.OL 
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