SEATTLE (Scrap Monster): Aurubis, the leading multimetals company, announced that it successfully completed the planned maintenance shutdown at the Hamburg, Germany smelter.
The shutdown lasted 56 days, 11 days more than originally planned. The delay was mainly on account of delay in certain crane operations due to high winds as well as necessary additional works that were identified after the shutdown. Aurubis had began planning for the maintenance shutdown in 2019 itself.
The news release noted that the company carried out a total of 480 technical renovations and maintenance measures at the smelter, aimed at improving the smelter’s environmental footprint. The works carried out at the facility include inspection of waste heat boiler, renovation of plant’s highest forge, installation of two new metallurgical cranes and replacement of heat exchangers in the contact plant.
With the shutdown, the company has invested a total of €72 million towards increasing the effectiveness of the production facility, noted Heiko Arnold, Chief Operating Officer, Aurubis.
The extra shutdown days may likely have an impact on earnings. However, the current year’s forecast for EBT for the current year will be unchanged at around €50-€60 million.
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