Fire at the Norske Skog Saugbrugs mill in Norway halts production

Fire at the Norske Skog Saugbrugs mill in Norway halts production

ID: 51104

(Thomson Reuters ONE) -


On the morning of 2 February, fire caused damage to part of the thermo-
mechanical pulp plant which supplies the paper machines with fibre at Norske
Skog Saugbrugs mill. Although the fire was quickly brought under control, it
caused significant damage to the electrical cabling. No employee was injured as
a result of the incident.

All production facilities of the mill have been stopped due to the fire. Norske
Skog Saugbrugs has an annual production of 550 000 tonnes of super calandered
magazine paper and employs 600 people. Property damages and business
interruption are covered by insurance where Norske Skog's self retention is NOK
15 million.

- We are satisfied with the immediate and correct response to the fire from our
own employees and the support from the community emergency response services. We
are pleased that no one was injured in connection with the fire. We will do our
utmost to re-establish normal production at Saugbrugs as soon as possible, says
Norske Skog's CEO Sven Ombudstvedt.

Based on the initial reports from the mill, Norske Skog expects operations at
Saugbrugs to be halted for some time. At present it is not possible to give more
detailed information regarding the physical status of the operations. The fire
is a force majeure event and Norske Skog has informed customers and suppliers of
Saugbrugs about the situation.


Oxenøen, 4 February 2011

Norske Skog
Corporate communication


For further information:

Media: Financial markets:

Vice President Corporate Communication Vice President Investor Relations

Carsten Dybevig Jarle Langfjæran

Mob: (+47) 917 63 117 Mob: (+47) 909 78 434



This information is subject of the disclosure requirements acc. to §5-12 vphl




(Norwegian Securities Trading Act)



Press release:
http://hugin.info/105/R/1485618/420783.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Norske Skog via Thomson Reuters ONE

[HUG#1485618]


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Bereitgestellt von Benutzer: hugin
Datum: 04.02.2011 - 14:25 Uhr
Sprache: Deutsch
News-ID 51104
Anzahl Zeichen: 2742

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Financial Calendar 2010 ...

Norske Skog has the following financial calendar for 2010: Thursday, February 4: 4th quarter 2009 and preliminary figures, full year 2009 Thursday, April 22: Annual General Meeting Thursday, May 6: 1st q ...

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