In order to generate additional liquidity reserves to handle the corona crisis, Canadian Norbord Inc. (Toronto, Ontario) has postponed all investments not urgently required. As a consequence the budget, which at c. US$100m was already down more than 50% by comparison with 2017 (US$253m) and 2018 (US$204m), has been ...
Norbord plans further reduction in investments
Work still outstanding is being put on hold due to corona-related restrictions
Related articles
© 2020 EUWID Europäischer Wirtschaftsdienst GmbH | All Rights Reserved.
Copyright notice The individual articles, tables and other contents published by EUWID are protected by copyright and are provided exclusively for the client's own use and the use of the client's employees. In the absence of a more extensive licence agreement, only one copy may be printed for circulation at a single business location designated by the client. Digital distribution of EUWID contents, especially by intranet or by e-mail, within a company, throughout a group of companies, or outside a company is not permitted and constitutes an infringement of copyright law. Read more in our FAQ.