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Perth, Dec 16, 2015 AEST (ABN Newswire) - Altech Chemicals Limited (ASX:ATC) is pleased to announce the release of a Corporate Video that provides a useful overview of the various applications of High Purity Alumina (HPA) and the Company's proposed HPA project at Johor, Malaysia.

The video titled "Meeting a Sapphire Future" is available for viewing on the Company's web site at:
http://www.altechchemicals.com/meeting-sapphire-future


About Altech Chemicals Ltd

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.

    


Contact

Corporate:
Iggy Tan
Managing Director
Altech Chemicals Ltd
T: +61 8 6168 1555
E: info@altechchemicals.com
WWW: www.altechchemicals.com

Media Contact:
Tony Dawe
Consultant
Professional Public Relations
T: +61 8 9388 0944
E: tony.dawe@ppr.com.au



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