Oltchim cut back production due to lack of power
Raiffeisen Capital & Investment - 17 January 2012
Chemical producer Oltchim (OLT) announced that starting January 11 power supplier Electrica has partially cut its energy supply to the company and thus it had to reduce production.
Electrica action was triggered by payment delays of a rescheduled debt. Oltchim is currently negotiating with Electrica to restore its energy supply.
Source: http://www.rciro.ro
Tags: oltchim
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