CNPJ 97.837.181/0001-47
Publicly Listed Company
MARKET NOTICE
SHUTDOWN OF SANITARY WARE MANUCFACTURING OPERATIONS IN
SÃO LEOPOLDO/RS.
DURATEX S.A. (DURATEX or "Company") hereby inform its shareholders and the Market in general that, as of today, it has shut down the manufacturing operations of sanitary ware located in São Leopoldo/RS. The production assets will be relocated among the units of João Pessoa, Cabo de Santo Agostinho, Queimados and Jundiaí, thereby having no impact on the total capacity of Duratex sanitary ware division.
The service level will remain unchanged, once production will be relocated to other units. The incurred costs in the shutdown of the unit will be compensated by the reduction of fixed costs in the short term.
With this initiative, Duratex takes another step in the optimization and efficiency of its factory park, improving its productivity. The company reinforces its strategy of maximizing value, generating cash and enhancing profitability of its assets.
Duratex thanks the local community and its employees for all the professionalism and dedication that has enabled the operation of this unit over the years.
São Paulo (SP), July 1st, 2019.
DURATEX S.A.
Carlos Henrique Pinto Haddad
Investor Relations Officer
Attachments
- Original document
- Permalink
Disclaimer
Duratex SA published this content on 01 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2019 12:57:06 UTC