DGAP-News: Nabaltec AG: Hurricane Harvey did not cause serious damage at the Nashtec plant

DGAP-News: Nabaltec AG / Key word(s): Miscellaneous
Nabaltec AG: Hurricane Harvey did not cause serious damage at the Nashtec
plant

29.08.2017 / 13:00
The issuer is solely responsible for the content of this announcement.

------------------------------------------------------------------------------

Nabaltec AG: Hurricane Harvey did not cause serious damage at the Nashtec
plant

Schwandorf, 29 August 2017 - Hurricane Harvey, which has been circulating over
the Texas Gulf Coast since Friday, August 24, 2017, has not caused any severe
damage at the Nashtec plant in Gregory, Texas. Only minor damage is
encountered. The plant has not been confronted by the hurricane with any major
flooding. Currently the plant is without electricity which most likely will be
the case for the next couple of days.

In regard to the construction work at Nashtec for the capacity expansion and
the conversion to a stand-alone operation Nabaltec AG does not expect any
major delay to the original schedule.

About Nabaltec AG:
Nabaltec AG, with registered office in Schwandorf, a chemicals business which
has received multiple awards for innovativeness, manufactures, develops and
distributes highly specialized products based on aluminum hydroxide ("ATH")
and aluminum oxide, as well as other raw materials, on an industrial scale
through its two product segments, "Functional Fillers" and "Technical
Ceramics." The company's product range includes halogen-free flame retardant
fillers and functional additives for the plastics industry. Flame retardant
fillers are used e.g. in cables in tunnels, airports, high-rise buildings and
electronic devices, while additives have applications in catalysis and in
electric vehicles. Nabaltec also produces base materials for use in technical
ceramics and the refractory industry. Unlike halogenated flame retardants,
flame retardant fillers contain no hazardous substances and do not require
separate disposal. Rather, they actually decrease the development of fumes
hazardous to human health and the environment in the event of fire. Nabaltec
maintains production sites in Germany and the US and plans to continue to
develop its market position by expanding capacity, further optimizing
processes and quality and making strategic extensions to its product range. On
the strength of its specialty products, the company strives to attain the
market leadership in each segment.

Contact:
Simone Schuller
Nabaltec AG
Phone: +49 9431 53-447
Fax: +49 9431 798 39 55
E-mail: sschuller@nabaltec.de

Frank Ostermair/Vera Müller
Better Orange IR & HV AG
Phone: +49 89 8896906-14
Fax: +49 89 8896906-66
E-mail: nabaltec@better-orange.de

------------------------------------------------------------------------------

29.08.2017 Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

------------------------------------------------------------------------------

Language: English
Company:  Nabaltec AG
          Alustraße 50-52
          92421 Schwandorf
          Germany
Phone:    +49 9431 53-0
Fax:      +49 9431 53-260
E-mail:   info@nabaltec.de
Internet: www.nabaltec.de
ISIN:     DE000A0KPPR7, DE000A1EWL99
WKN:      A0KPPR, A1EWL9
Listed:   Regulated Unofficial Market in Berlin, Dusseldorf, Munich,
          Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt


 
End of News DGAP News Service


604955  29.08.2017 

fncls.ssp?fn=show_t_gif&application_id=604955&application_name=news&site_id=bloomberg10
Press spacebar to pause and continue. Press esc to stop.