Catana Group Expects Fire-Hit Canet-en-Roussillon Site to Resume Full Operations in First Quarter 2027
Bitget2026/10/14 16:01- Catana Group’s July 2, 2026, fire destroyed two of three main buildings at Canet-en-Roussillon, disrupting BALI 5.8 and CATANA OC 50 production.
- The fire reduced fiscal 2025/2026 revenue by less than EUR 5 million; disruption will have a greater impact in 2026/2027.
- Insurance covers business interruption losses arising from the fire.
- Production will gradually restart in the surviving polyester building, which has been restored to working order.
- Two temporary replacement buildings are expected to be fully operational in the first quarter of 2027, restoring capacity pending a new factory.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Anthropic spends $3.4 billion to purchase gas-fired power equipment to supply electricity for data centers
In September, Anthropic directly acquired Caterpillar equipment orders worth 3.4 billion USD, securing 1.7 GW of gas generator units, marking the largest single purchase of power generation equipment in AI history. This move bypassed utility middlemen, capturing scarce capacity at prices set years ago with near-term delivery. It is part of Anthropic's plan to invest over 895 billion USD in computing infrastructure by 2045.

Why Nintendo Stock Is One to Watch Ahead of the Holiday Season

A wallet address sold 1.44 million TRX via SunSwap in exchange for 460,000 USDT.

Data: Whales have cumulatively withdrawn approximately 13.4 million USDT from a certain exchange.