Both furnaces produce silicon and microsilica, and the shutdown relates to a shortage of demand for these products.
One consequence of the decision is that lay-off notices will be issued. The scope of these lay-offs will be discussed with the unions at the company.
The workforce was informed of the decision at a town hall meeting held today at 13.00.
Current investment in a new energy recovery facility will not be affected by the above-mentioned decision.
Orkanger, 19 March 2009
Alf Tore Haug
Elkem Thamshavn AS