Nabaltec AG intends to acquire land and buildings for the construction of an additional production plant in the US

Schwandorf, 8 February 2018 - The Management Board of Nabaltec AG, with the approval of the Supervisory Board, resolved today to acquire two properties in the US through a US subsidiary which has yet to be formed. The first phase of the current plan is the construction of a production facility for refined hydroxides with a capacity of about 30,000 tons per year by mid-2019. A facility for the production of boehmite will follow in a second phase. This project will allow Nabaltec to extend its product portfolio in the US for non-halogenated flame retardant and catalysis applications. The investment volume for the first phase of the project is expected to be about USD 12 million. Nabaltec currently expects to see a positive impact on consolidated earnings one year after the new plant goes online.

Contact:
Johannes Heckmann
Nabaltec AG
Phone: +49 9431 53-201
Fax: +49 9431 53-203
E-mail: jheckmann@nabaltec.de


Frank Ostermair/Vera Müller
Better Orange IR & HV AG
Phone: +49 89 8896906-14
Fax: +49 89 8896906-66
E-mail: nabaltec@better-orange.de