News: ERG Eneco Refresh Updates On Melbourne Factory Fire

March 3 (Reuters) - Eneco Refresh Ltd (ERG) :

• UPDATES ON MELBOURNE FACTORY FIRE
• A LOT OF WORK HAS BEEN DONE TO CLEAN UP AND RE-ESTABLISH WATER PRODUCTION IN BUILDINGS 2 AND 3
• BUILDING 1, SITE OF REFRESH PLASTICS, HAS BEEN DESTROYED, AND WE HAVE BEEN ACTIVELY INVOLVED TO MINIMISE LOCAL DISRUPTION
• REMAINS STRUCTURAL CLEAN UP TO BE COMPLETED ON SITE, WHICH IS RESPONSIBILITY OF LANDLORD, AND IS IN PROGRESS
• CONSIDER WE HAVE ACCESS TO ADEQUATE FUNDS TO SUPPORT ONGOING OPERATIONS INTO FUTURE
• INSURANCE POLICIES WILL COVER RELEVANT CLAIMS AND WE ARE WORKING CLOSELY WITH OUR INSURERS TO SETTLE MATTER AS QUICKLY AS POSSIBLE
• INCIDENT HAS GENERATED SOME UNEXPECTED COSTS
• REMAIN SOME ADDITIONAL REPAIRS TO BE CONDUCTED ON NEIGHBOURING SITES