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Altech Chemicals Ltd

ASX:ATC ISIN:AU000000ATC9

Altech Chemical Ltd ASX:ATCAltech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3).

HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. There is no substitute for HPA in the manufacture of synthetic sapphire.

Global HPA demand is approximately 25,315tpa (2016) and demand is growing at a compound annual growth rate (CAGR) of 16.7% (2016-2024), primarily driven by the growth in worldwide adoption of LEDs. As an energy efficient, longer lasting and lower operating cost form of lighting, LED lighting is replacing the traditional incandescent bulbs.

     

News

Altech Chemicals Ltd (ASX:ATC) Investment Tax Allowance approved for HPA Project

🕔12/10/2019 11:07:18 AM 370

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce that it has been advised by the Malaysian Investment Development Authority (MIDA) that the application made by its wholly owned Malaysian subsidiary has been approved under the High Technology category by the Ministry of Finance, Malaysia.

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Altech Chemicals Ltd (ASX:ATC) Security Purchase Plan

🕔12/6/2019 9:44:43 AM 750

Altech Chemicals Ltd (ASX:ATC) (FRA:A3Y) has been successful in securing senior project debt finance of US$190 million from German government-owned KfW IPEX-Bank as senior lender, and has mandated Macquarie Bank (Macquarie) as the preferred mezzanine lender.

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Altech Chemicals Ltd (ASX:ATC) $1.8 million Share Placement and Initiation of SPP

🕔12/5/2019 9:37:46 AM 847

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce the successful completion of an $1.8 million (before costs) share placement (Placement) and the initiation of a share purchase plan.

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Altech Chemicals Ltd (ASX:ATC) Altech Advance Materials AG Fund Raising Update

🕔12/2/2019 9:48:33 AM 1036

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) in conjunction with Altech Advanced Materials AG (AAM) is pleased to announce that the German corporate regulator BaFin (Federal Financial Supervisory Authority) has approved AAM's Capital Increase Prospectus.

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Altech Chemicals Ltd (ASX:ATC) HPA use in Semi-Conductor Applications

🕔11/26/2019 9:47:49 AM 898

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to provide information regarding the use of high purity alumina (HPA) in the manufacture of epoxy moulding compounds (EMC's) that are used in the semi-conductor industry to improve heat dissipation.

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Altech Chemicals Ltd (ASX:ATC) $2m Deferred Placement Funds Received

🕔11/18/2019 7:30:44 PM 863

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce that it has today received $2 million from the Melewar Group (Melewar), being settlement by Melewar of its commitment as part of the $18 million share placement announced by the Company in April 2019.

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Altech Chemicals Ltd (ASX:ATC) Experienced German Executive Appointed to AAM Board

🕔11/12/2019 9:49:24 AM 1139

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce the appointment of experienced German executive Mr. Werner Klatten to the supervisory board of Altech Advanced Materials AG (AAM)* (FRA:AMA1).

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Altech Chemicals Ltd (ASX:ATC) Quarterly Activities Report and Cash Flow Statement

🕔10/31/2019 3:55:32 PM 800

During the quarter Altech Chemicals Ltd (ASX:ATC) (FRA:A3Y) announced that all conditions precedent had been satisfied for both transactions outlined in its proposed German project equity strategy.

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Altech Chemicals Ltd (ASX:ATC) HPA Plant Construction Update

🕔10/30/2019 9:35:58 AM 790

Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to provide an update on the current status of construction activities at the Company's high purity alumina (HPA) plant site in Johor, Malaysia.

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Altech Chemicals Ltd (ASX:ATC) Attendance at InterBattery 2019, Korea

🕔10/18/2019 11:06:44 AM 1104

Altech Chemicals Limited (Altech/the Company) (ASX:ATC) (FRA:A3Y) is pleased to advise of its attendance at InterBattery 2019, Korea's leading battery exhibition showcasing various new products and technologies related to the battery industry.

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Company Data

    Headquarters
  • 8/295 Rokeby Road, Subiaco
    Western Australia 6008
    Australia
  • Telephone
  • +61-8-6168-1555 
  • Fax
  • +61-8-6168-1551 
  • Principal Sector
  • Chemicals 
  • Principal Industry
  • Chemicals 
  • Homepage
  • www.altechchemicals.com
  • E:
  • info@altechchemicals.com

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