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K+S: Production At Sigmundshall Potash Plant Resumed

Published Tuesday, 1st February 2011 09:21 pm - © 2011 Dow Jones


FRANKFURT -(Dow Jones)- German potash and salt company K+S AG (SDF.XE) said Tuesday that after finalizing the repair work, production at the Sigmundshall potash plant in Germany was entirely resumed.

MAIN FACTS:

-During assembly work in the extraction shaft by an outside contractor, parts of the shaft conveyor equipment were damaged during the Christmas and New Year break.

-Due to the plant interruption of about four weeks, there was a decline in the level of production by about 70,000 tonnes of potash and magnesium products, which is around 1% of the annual sales volume in the segment expected for 2011.

-The resulting damage to property and financial losses were claimed from the assembly company.

-Frankfurt Bureau, Dow Jones Newswires; 49-69-29725-500

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