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NSG Group: Early closure of a float line in Weiherhammer site

NSG Group has announced that the decision to cease the production on a float line at the Weiherhammer plant, in Germany, ahead of the cold repair planned next year.

The decision is as a consequence of the review of the current demand and supply situation in the Central European Architectural Glass market, while expecting steady market growth in the long term.

It is anticipated that the production will cease in the summer 2024, around 12 months prior to the planned repair which will commence in June 2025. The Group does not expect any material additional one-off costs nor redundancies as a result of the early closure of the float line.

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