Norske Skog Bio Bio halted by earthquake
Norske Skog Bio Bio mill is located in Concepción, which was hit by the earthquake on Saturday 27 February. The Bio Bio mill has an annual capacity of 130,000 tons of mainly newsprint, and employs 240 people.- The positive news regarding our colleagues in Chile was a big relief. As soon as more detailed information is received, we will initiate necessary efforts to assist our colleagues at Bio Bio mill and their families, says Sven Ombudstvedt, CEO of Norske Skog.Based on initial reports from the mill, Norske Skog expects operations in Chile to be halted for some time. At present it is not possible to give more detailed information regarding the physical status of the operations, Norske Skog writes in a press release.Property damages and business interruption are covered by insurance.