Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to provide an update on the progress of structuring activities in relation to its German project equity strategy, which was announced on 18 July 2019.
New research conducted in India by a leading pharmaceutical company, Zydus Cadila, has shown that considerable savings are possible when using the refrigerants made by the U.S. firm, Alltemp Inc, (OTCMKTS:LTMP) the US based manufacturer.
The principal activities of Altech Chemicals Ltd (ASX:ATC) during the financial year were, the commencement of construction of its HPA plant, the continuation of efforts financing the HPA plant at Meckering, Western Australia, and continued research and development activities.
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to announce that it has received an invitation letter from the state government of Saxony, Germany, proposing that Altech consider the construction of a second high purity alumina (HPA) plant in the state.
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.
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to advise that it has completed the acquisition of 29% of the shares of Frankfurt stock exchange listed Youbisheng Green Paper AG.
Altech Chemicals Limited (ASX:ATC) (FRA:A3Y) is pleased to advise that all of the conditions precedent have now been satisfied for both transactions outlined in its German project equity strategy announced on 18 July 2019.
