Haniel officially announces plans to divest stainless steel recycler ELG in near future

Reported as "discontinued operations," ELG posts hefty loss in 2020


(D) – It is now official: German conglomerate Franz Haniel & Cie. has launched the process to divest its stainless steel recycling subsidiary ELG. In its annual report released in mid-April, parent company Franz Haniel said ELG had been classified as a discontinued operation. In the 2020 business year, ELG suffered ...

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