Suspension at Ciech's Romanian soda ash works hits Q2 earnings despite better demand, weaker zloty
Published: Wednesday, 11 September 2019
The production halt in Romania has forced Ciech to make a multi-million dollar writedown in its second-quarter results.
The impending production halt at Ciech's Romanian soda ash
plant has forced the company to write down 37 million zloty
($9.4 million) in its second-quarter results, offsetting better
demand for its products and currency effects.
The impact on output from the halt at the plant, which has
capacity of 600,000...