News and Announcements
Altech Partners with SGL Group For Its HPA Project
- Published June 10, 2015 10:40AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
ASX Announcement, 5th June 2015
Highlights
- Memorandum of Understanding with SGL Group as HCl system supplier
- Leading global expertise in materials and equipment for extreme environments
- Strengthens the Bankable Feasibility Study (BFS) team
Altech Chemicals Limited (Altech/the Company) (ASX: ATC) is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with SGL Group (“SGL”) as its partner for the supply and installation of the Hydrochloric Acid (HCl) gas generation, absorption, recovery and scrubbing plants for it’s high purity alumina (HPA) project.
The recovery, regeneration and concentration of hydrochloric acid are important steps in numerous processes in the Company’s HPA plant. SGL is one of the world’s leading manufacturers of carbon-based products and materials. It has a comprehensive portfolio ranging from carbon and graphite products to carbon fibers and composites. The company is a worldwide leading premium technology provider for chemical and related industry process systems, equipment (e.g. heat exchangers, columns) and after sales services. SGL`s focus is on engineering advanced and sustainable solutions based on high-tech materials for challenging applications.
Commenting on the appointment of SGL by the Company, Altech’s Managing Director, Iggy Tan explained: “our strategy to appoint key equipment and plant suppliers at this stage of the HPA project will enhance the overall design. Specifically, SGL are the experts in the recovery, regeneration and concentration of hydrochloric acid which is an integral part of our process. This will ultimately position the Company for a rapid transition to final detailed design, long lead item procurement and the commencement of construction following the completion of the BFS.”
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