Outotec warns about possible material additional costs related to a large project
OUTOTEC OYJ STOCK EXCHANGE RELEASE OCTOBER 26, 2018 at 9:00 AM Outotec warns about possible material additional costs related to a large project Outotec has delivered a first-of-its-kind ilmenite smelter, with two large alternating current (AC) electric furnaces, as part of a greenfield plant delivery signed in 2012. Both furnaces had their challenges during the original start-ups in 2015 and 2016. Furnace 1 was repaired and rebuilt, but during the ongoing start-up of the repaired furnace, there were problems and the start-up operation was terminated. Investigation of the furnace