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ALZCHEM GROUP AG AlzChem Group AG: Successful completion of investments in new waste gas treatment plant for even more environmental protection

Transparency directive : regulatory news

30/07/2021 09:54

DGAP-News: AlzChem Group AG / Key word(s): Sustainability
AlzChem Group AG: Successful completion of investments in new waste gas treatment plant for even more environmental protection

30.07.2021 / 09:54
The issuer is solely responsible for the content of this announcement.


AlzChem Group AG: Successful completion of investments in new waste gas treatment plant for even more environmental protection

Trostberg, July 30, 2021 - AlzChem Group AG, a vertically integrated specialty chemicals supplier with a leading market position in selected niche markets, has commissioned an additional new type of waste gas treatment plant based on regenerative thermal oxidation (RTO) at the Trostberg site and will thus sustainably improve environmental protection and emission reduction. In the RTO plant, which was realized with an investment volume of EUR 6 million and a planning and construction period of around one year, waste gas streams from various production plants can be bundled and cleaned in a very energy-efficient manner, as well as without producing any by-products.

Andreas Niedermaier, CEO of AlzChem Group AG: "Sustainability and environmental protection are integral components of our corporate strategy. With the new RTO plant, we are now going one step further and raising the already very good standard of waste gas treatment to an even higher level. We are thus also creating the space and capacity for further growth, which, in line with our strategy, must also be accompanied by a particular focus on sustainability in production."

AlzChem Group AG's main goals in environmental protection are to reduce energy consumption, reduce and avoid waste, protect water, and protect against emission and noise. The current environmental program, with clearly defined goals and measures, is described on a site-by-site basis in the annual environmental statement, which is also available on the website www.alzchem.com in the "Quality & Environment" section. The goal is to make AlzChem completely CO2-neutral in the medium term and thus to be one of the leading companies within the specialty chemicals industry.

About AlzChem
AlzChem is a globally active specialty chemicals company that is predominantly among the market leaders in its fields of activity. AlzChem benefits in particular from the three very different global developments of climate change, population growth and longer life expectancy. In order to achieve the resulting social goals, AlzChem products can offer attractive solutions with a wide range of different applications.

The company sees interesting growth prospects for itself especially in the areas of human and animal nutrition and agriculture. As a result of population growth, it is necessary to achieve efficient food production. Pharmaceutical raw materials and our creatine products can contribute to healthy aging as life expectancy increases. AlzChem is facing up to the goal of sustainability arising from climate change in the field of renewable energies. The fields of fine chemicals and metallurgy offer just as great a perspective.

The broad product range of AlzChem Group AG includes dietary supplements, precursors for corona tests and pharmaceutical raw materials. These developments are our company's response to global trends and developments. AlzChem is ideally positioned in this regard and sees itself as well equipped for an environmentally oriented future and global developments.

The company employs around 1,630 people at four production sites in Germany and one plant in Sweden, as well as two sales companies in the USA and China. In 2020, AlzChem generated consolidated sales of around EUR 379 million and EBITDA of around EUR 53.8 million.



Contact:
Sabine Sieber
Head of Investor Relations & Communications


30.07.2021 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: AlzChem Group AG
Dr.-Albert-Frank-Str. 32
83308 Trostberg
Germany
Phone: +498621862888
Fax: +49862186502888
E-mail: ir@alzchem.com
Internet: www.alzchem.com
ISIN: DE000A2YNT30
WKN: A2YNT3
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Stuttgart
EQS News ID: 1222940

 
End of News DGAP News Service

1222940  30.07.2021 

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