Altech Batteries Ltd Stock Market Press Releases and Company Profile

View in Other Languages ALTECH(ASX:ATC)开始马来西亚HPA工厂的审批程序 ALTECH(ASX:ATC)開始馬來西亞HPA工廠的審批程序 Altech Chemicals Ltd (ASX:ATC) Commences Permitting for HPA Plant in Malaysia 
Commences Permitting for HPA Plant in Malaysia
Commences Permitting for HPA Plant in Malaysia

Perth, April 21, 2015 AEST (ABN Newswire) - Altech Chemicals Limited (Altech/the Company) (googlechartASX:ATC) is pleased to announce that it has commenced the permitting process for its high purity alumina (HPA) processing plant proposed to be located in the Tanjung Langsat Industrial Park, Johor Bahru, Malaysia. The Company has submitted a Preliminary Site Assessment (colloquially referred to as a "PAT"), to the Department of Environment, Malaysia, which is the first stage of Malaysia's approvals process for the project.

Altech's proposed HPA plant has been designed to meet international environmental standards as well as the standards of the Malaysian Environmental Quality Act (EQA) 1974. Specifically, Altech has designed its plant to ensure that all offgasses that vent to exhaust stacks meet Malaysian environmental emission limits and that any discharges vented to the atmosphere pass through appropriate dust removal systems such as bag-houses or electrostatic separators. In addition, any potential hydrochloric acid (HCl) vapour streams will be cleaned via caustic scrubbers before venting to the atmosphere. Solid residue from the plant will predominantly be in the form of neutralised benign silica, which will be made available to local brickworks or cement plants. Any acidic residue from the plant will be neutralised and treated onsite and disposed in bulka bags via local vendors. All process water from the plant will be treated on-site to established environmental standards.

Local environmental consultant Daya Eco Techno Sdn Bhd (Daya) is retained by Altech to assist the Company in complying with Malaysian approvals processes. In general, the assessment of the PAT is based on the projects compatibility with respect to gazetted structure/local plans, surrounding land use, provision of set-backs or buffer zones, the capacity of the area to receive additional pollution load, and waste disposal requirements. As the preferred location for the plant is the Tanjung Langsat industrial complex, an established chemical park and designated chemical-industry zone, the Company does not expect any complications for permitting.

About Tanjung Langsat Industrial Complex

Tanjung Langsat is located approximately 40km to the south-east of the city of Johor Bahru and caters to light, medium to heavy industries. The industrial hub contains multinational production groups from petrochemical, oil and gas, resource-based, ferrous and non-ferrous metal, biofuel, marine, palm oil and oleochemicals. Major companies operating within the Tanjung Langsat industrial complex include major Spanish steel manufacturer Acerinox Group; Titan Petrochemicals; Kiswire; Dairen Chemicals; Dialog and Lion Eco Chemical.

About Altech Batteries Ltd

Altech Chemical Ltd ASX:ATCAltech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS ("Fraunhofer") to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns. 

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech's land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

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Contact

Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com



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