News and Announcements
Altech Chemicals Secures Johor HPA Site
- Published November 28, 2016 9:20AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
25th November 2016, ASX Announcement
Highlights
- Lease signing ceremony secures HPA site at Johor
- 20-year lease agreement, with 20-year renewal option
- Johor is the ideal location for HPA production and distribution
Altech Chemicals Limited (Altech/the Company) (ASX: ATC) is pleased to advise the attendance of managing director Iggy Tan at the Johor Corporation official lease signing ceremony. The lease is for the land Altech has secured at the Tanjung Langsat Industrial Complex, Johor, Malaysia as the site of its proposed high purity alumina (HPA) plant.
The Company executed a 20-year lease agreement, which includes a 20-year renewal option, with TPM Technopark Sdn Bhd, a wholly-owned subsidiary of Johor Corporation.
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