Brief: Nabaltec To Buy Land, Buildings For Construction Of Production Plant In US
08/02/2018 15:08
Feb 8 (Reuters) - Nabaltec AG NTGG.DE :
* DGAP-ADHOC: NABALTEC AG INTENDS TO ACQUIRE LAND AND BUILDINGS FOR THE CONSTRUCTION OF AN
ADDITIONAL PRODUCTION PLANT IN THE US
* INVESTMENT VOLUME FOR FIRST PHASE OF PROJECT IS EXPECTED TO BE ABOUT USD 12 MILLION
* FIRST PHASE IS CONSTRUCTION OF PRODUCTION FACILITY FOR REFINED HYDROXIDES BY MID-2019
* CURRENTLY EXPECTS TO SEE A POSITIVE IMPACT ON CONSOLIDATED EARNINGS ONE YEAR AFTER NEW
PLANT
GOES ONLINE
Source text for Eikon: ID:nEQ3Kxnhpa
Further company coverage: NTGG.DE
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