Borregaard lowers Q3 cellulose guidance after production outage
Borregaard ASA has announced a temporary disruption at its Sarpsborg facility, which affected the production of speciality cellulose by restricting output to non-standard grades and delaying shipments. The outage stemmed from an unforeseen issue with a key chemical supplier at the site. Production of other biorefinery products remained unaffected.
The company now expects speciality cellulose deliveries for the third quarter to reach approximately 30,000 tonnes, a reduction from the previously forecasted range of 35,000 to 38,000 tonnes.
Borregaard estimates a negative impact on the group's EBITDA for the third quarter in the range of NOK 40-50 million.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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