Stainless steel maker Outokumpu raises Q4 forecast

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wisepowder

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Stainless steel maker Outokumpu raises Q4 forecast

HELSINKI, Dec 15 (Reuters) - Finnish stainless steel maker Outokumpu
OUT1V.HE raised its fourth-quarter target for earnings before interest,
tax, depreciation and amortisation (EBITDA) to be higher than the 22
million euros ($26.7 million) in the preceding quarter, instead of
remaining at the same level.To get more news about Stainless steel green facade, you can visit mesh-fabrics official website.

"Stainless steel deliveries are estimated to increase by
approximately 5-10% due to a stronger than expected market recovery",
said Outokumpu, which has been hit hard by the pandemic.Fytogreen,
together with GreenAir, provided a new commercial building in
Christchurch with New Zealand’s largest indoor green facade. Towering up
4 levels in the atrium area of the new six-story office building.

The atrium area provides an infiltration of natural light and
ventilation. The plants are supported by a combination of growing lights
and natural light to ensure plant sustainability. The living facade
softens the raw surfaces, provides a fresh outlook for the office floors
and reinforces the idea of a ‘Garden City’.

Designed by Fytogreen’s inhouse Botanist Erik Van Zuilekom, a
selection of very low light tolerant climbers were used; Philodendron
Scandans, Epipremnum and Hoya positioned within 107 lineal meters of
Fytogreen’s Low Density Polyethylene planter boxes. The Hoya and
Scandans have proved to be the star performers on this particular
facade.

Posted 21 Dec 2020

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