Indutrade increases MTN program and updates prospectus
Indutrade extends the frame on its existing MTN (Medium Term Notes) program from SEK 3 billion to SEK 5 billion and today announces an updated prospectus. Since the MTN program was established in 2018, Indutrade has successfully issued a number of bonds. “Issuing bonds is an important part of our funding structure. The purpose of extending the frame of the MTN program is to ensure competitive and diversified funding conditions going forward”, says Patrik Johnson, CFO of Indutrade. The purpose of expanding the borrowing limit on the MTN program is to ensure that the conditions continue
Due to the sharp rise in the costs of energy and the raw material Titanium Dioxide, the Felix Schoeller Group will adjust the prices for its specialty papers with effect from 1 December 2021.Gas and electricity prices continue to rise sharply. To compensate for these increases, the Felix Schoeller Group will implement an energy surcharge of up to EUR 10/100kg in all its product segments. The surcharge will apply to all deliveries as from 1 December 2021, until further notice.
Furthermore, the specialty paper manufacturer headquartered in Osnabrück, Germany, will pass on the increase in
Prime Minister Jonas Gahr Støre today opened the new energy recovery plant at Elkem Salten in the northern part of Norway. The installation positions Elkem Salten as one of the most energy effective silicon plants in the world, in line with the ambitions of Elkem’s climate roadmap towards net zero by 2050, further strengthening its competitiveness.
The new energy recovery plant will recover 28% of the electrical energy used at Elkem Salten, equal to the power consumption of about 15,000 Norwegian households. Together with other energy recovery installations implemented at Elkem plants,
