Brief: Gränges with Investment Of SEK 400 Million

Granges AB

25/10/2018 06:38

Oct 25 (Reuters) - Granges AB  GRANG.ST :
    * GRÄNGES TO IMPROVE EFFICIENCY AND EXPAND CAPACITY IN FINSPÅNG - INVESTMENT OF SEK 400
MILLION
    * PROJECT IS EXPECTED TO BE COMPLETED IN SECOND HALF OF 2021
    * DECIDED TO INVEST SEK 400 MILLION TO IMPROVE EFFICIENCY AND EXPAND PRODUCTION FACILITY IN
FINSPÅNG
    * PROJECT IS EXPECTED TO BE COMPLETED IN SECOND HALF OF 2021
    * PROJECT  WILL INCREASE CAPACITY IN PLANT BY 20 KTONNES, TO 120 KTONNES ANNUALLY.
    * FROM 2022, POSITIVE EFFECTS ARE EXPECTED OF INVESTMENT IN TERMS OF BOTH EFFICIENCY
MEASURES AND
INCREASED SALES
    * PROJECT WILL INCREASE CAPACITY IN PLANT BY 20 KTONNES, TO 120 KTONNES ANNUALLY.
    * FROM 2022, POSITIVE EFFECTS ARE EXPECTED OF INVESTMENT IN TERMS OF BOTH EFFICIENCY
MEASURES AND
INCREASED SALES

Source text for Eikon:  ID:nWkr1dF3YK 
Further company coverage:  GRANG.ST 

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