Brief: Pactiv Evergreen Says Pre-Tax Charge Of $8 Million For Quarter Ended June 30, 2021

Pactiv Evergreen

28/07/2021 17:27

July 28 (Reuters) - Pactiv Evergreen Inc  PTVE.O :
    * PACTIV EVERGREEN- PRE-TAX CHARGE OF $8 MILLION FOR QUARTER
ENDED
JUNE 30, 2021 RELATED TO CLOSURE OF COATED GROUNDWOOD PAPER
PRODUCTION LINE IN PINE BLUFF
    * PACTIV EVERGREEN - DISCONTINUATION OF PRODUCTION LINE TO
RESULT
IN ACCELERATED PLANT AND EQUIPMENT DEPRECIATION CHARGES OF ABOUT
$25 MILLION
    * PACTIV EVERGREEN INC - SEES DISASSEMBLY COSTS AND SIMILAR
EXPENSES OF ABOUT $2 MILLION TO $4 MILLION ON DISCONTINUATION OF
PRODUCTION LINE

Further company coverage:  PTVE.O 

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