June 30 (Reuters) - Nufarm Ltd (NUF) :
- ANNOUNCED DECISION TO CEASE MANUFACTURE OF INSECTICIDES AND FUNGICIDES AT ITS RAYMOND ROAD SITE IN LAVERTON, AUSTRALIA
- TO CURTAIL HERBICIDE MANUFACTURING AT OPERATIONS IN LINZ, AUSTRIA
- EXPECTS COMBINED INITIATIVES TO DELIVER ANNUAL IMPROVEMENT TO EBITDA OF UP TO A$15 MILLION P.A.
- OTHER NON-CASH COSTS RELATED TO RESTRUCTURING EXPECTED TO BE ABOUT AUD$25 MILLION
- NO IMPACT ON AUSTRALIAN HERBICIDE MANUFACTURE AND FORMULATION AS A RESULT OF CHANGES
- TO CEASE SYNTHESIS OF HERBICIDE 2,4-D AT LINZ SITE IN AUSTRIA EARLY IN 2021 CY
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