DGAP-Adhoc: Monitchem Holdco 2 S.A.: Update: Failure of transformer at Pratteln site - recommissioning of transformer
DGAP-Ad-hoc: Monitchem Holdco 2 S.A. / Key word(s): Annual Results
Monitchem Holdco 2 S.A.: Update: Failure of transformer at Pratteln site - recommissioning of transformer
12-Nov-2018 / 17:40 CET/CEST
Update of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Update: Failure of transformer at Pratteln site - recommissioning of transformer
Sulzbach (Taunus), November 12, 2018 - At its site in Pratteln (CH), CABB has resumed regular operations of its electrolysis, post recommissioning of the repaired transformer which failed early October 2018.
Due to the successful repair of the transformer and the temporary usage of externally sourced chlorine, the impact on CABB Group's operating EBITDA could be reduced from initially estimated approximately EUR 10 million to maximal EUR 5 million for 2018.
CABB Group's management does currently not expect any effect on CABB Group's 2019 operating performance.
12-Nov-2018 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Language:
English
Company:
Monitchem Holdco 2 S.A.
488, route de Longwy
1940 Luxemburg
Luxemburg
Phone:
+352 2686811
ISIN:
XS1074935492, XS1074933794
WKN:
A1ZKFN
Listed:
Regulated Unofficial Market in Berlin, Frankfurt, Hamburg, Hanover; Luxembourg Stock Exchange
End of Announcement
DGAP News Service
744655 12-Nov-2018 CET/CEST