Altech Appoints M+W Group as EPC Contractor for its HPA Project

18th March 2016

Highlights

•  M+W Group appointed as EPC contractor
•  Leading global engineering and construction group with extensive Asian experience
•  Project familiarisation and design hand-over meeting held in Germany this week
•  Established Singapore and Malaysian offices, with extensive Malaysian construction experience

Following a week long project familiarisation and design hand-over meeting held at the offices of M+W Group in Stuttgart, Germany this week, Altech Chemicals Limited (Altech/the Company) (ASX: ATC) has formally appointed M+W Group as its Engineering, Procurement and Construction (EPC) contractor for its high purity alumina (HPA) project.

Attendees at the Stuttgart meeting included Altech management , representatives from Simulus Engineering (the Perth based multi disciplined engineering company and lead consultant for the HPA project bankable feasibility study), M+W Group, and for part of the week representatives from KfW IPEX-Bank.

The appointment of M+W Group as EPC contractor by Altech marks the formal commencement of the final detailed engineering design phase of the Company’s HPA project, in preparation for the commencement of construction. M+W Group has advised Altech that it has selected a specialist chemicals processing team to be assigned to the project “We are delighted by the opportunity of being part of this new state of the art chemical facility” said Mr Robert Savarese, Head of M+W Group Global Chemicals Business Development. “We are excited to have been
appointed EPC contractor and we look forward to engineering an efficient sustainable solution for Altech”.

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