Norbord plans further reduction in investments

Work still outstanding is being put on hold due to corona-related restrictions

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 ...

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