Brief: Gränges Invests In Increased Battery Foil Production In Finspång

Granges AB

26/01/2023 06:16

Jan 26 (Reuters) - Granges AB  GRANG.ST :
    * GRÄNGES INVESTS IN INCREASED BATTERY FOIL PRODUCTION IN
FINSPÅNG
    * INVESTMENT OF IN TOTAL SEK 600 MILLION WILL TAKE PLACE
OVER TWO
YEARS
    * INVESTMENT  WILL BE FINANCED WITH INTERNALLY GENERATED
CASHFLOW
AND EXISTING CREDIT FACILITIES
    * TO DOUBLE ITS CAPACITY FOR BATTERY CATHODE FOIL PRODUCTION
IN
FINSPÅNG, SWEDEN
    * NEW CAPACITY IS PLANNED TO COME ONLINE DURING 2025.

Source text for Eikon:  ID:nMFN9JQ8xr 
Further company coverage:  GRANG.ST 
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