Launches German Language Website
Perth, Sep 13, 2017 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (ASX:ATC) (A3Y:FRA) is pleased to advise the launch of a German-language version of its website www.altechchemicals.com
The launch of the German-language site is in response to increased interest in the Company's high purity alumina (HPA) project from European based retail and institutional investors, and various German-based stakeholders. Since the dual listing of Altech shares on the Frankfurt Stock Exchange (refer to ASX announcement dated 4 April 2017), the Company's online news and editorial coverage has attracted an increasing European-based readership.
Altech's German website is accessible via the following URL: http://www.altechchemicals.com/de
Alternatively the German-language Altech site can be accessed by selecting the German flag at the top right-hand corner of the website's homepage. The user can switch between English and German language content via the flag icons.
About Altech Chemicals Ltd
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is aiming to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3) through the construction and operation of a 4,500tpa high purity alumina (HPA) processing plant at Johor, Malaysia. Feedstock for the plant will be sourced from the Company's 100%-owned kaolin deposit at Meckering, Western Australia and shipped to Malaysia.
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. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.
Altech Chemicals Ltd