There was a landslide at Norske Skog Saugbrugs around 04:30 CET today on 27
April 2023. This has had a material impact on building structures, cranes, and
other machinery and equipment relating to PM6, which will result in a production
stop for a longer period.
"There has been a significant landslide which has caused great damage to the
building structure for PM6 at Saugbrugs. We are working to get a full overview
of the situation and risk of further landslides, but at the moment it is
considered too dangerous to enter the area. This will result in a production
stop on PM6 for a longer period. Most importantly, no one were harmed in the
landslide, but it has been a traumatic and shocking experience for all involved
and the local community" says Sven Ombudstvedt, CEO of Norske Skog ASA.
Saugbrugs PM6 has a capacity of 260 000 tonnes SC magazine paper. Operations at
Saugbrugs PM4 continue, the machine has a capacity of 100 000 tonnes SC magazine
paper. The production and financial impact is currently uncertain, but further
information will be provided when there is a clear overview of the situation.
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.
Norske Skog
Communications and Public Affairs
For further information:
Norske Skog media:
Vice President Communication and Public Affairs
Carsten Dybevig
Email: carsten.dybevig@norskeskog.com
Mob: +47 917 63 117
Norske Skog financial markets:
Investor Relation Manager
Even Lund
Email: even.lund@norskeskog.com
Mob: +47 906 12 919