Orkla Materials

Third quarter 2008 Orkla Materials

Poor results from Elkem Aluminium due to a weak dollar, and higher power-, freight- and raw material costs
Weaker results for Elkem Energi so far this year due to losses in the trading business
Recognised costs at Elkem Solar year to date came to NOK 243 million compared with NOK 118 million in the same period last year
Market prices for Silicon and Ferrosilicon have stayed at a high level throughout the third quarter
For Borregaard, weaker markets for cellulose used in textile production and a volume decrease in important lignin segments resulted in lower profits for the chemicals business

Orkla Materials comprises the companies Elkem og Borregaard. Read more about Elkem, and Borregaard.

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