15.02.2016 10:17:21
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DGAP-News: Nabaltec AG
DGAP-News: Nabaltec AG to form a wholly-owned subsidiary in Tokyo
15.02.2016 / 10:17 The issuer is solely responsible for the content of this announcement.
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Nabaltec AG to form a wholly-owned subsidiary in Tokyo - Formation will take place in the first quarter of 2016;
- Business in the Asian market to be expanded.
Schwandorf, 15 February 2016 - Nabaltec AG will be further expanding its operations in Asia in the first quarter of 2016 with the formation of a wholly-owned subsidiary based in Tokyo, Japan. Nabaltec Asia Pacific K.K. is to be engaged in marketing and sales for Nabaltec AG's entire product portfolio, working closely with regional sales partners. This will give Japanese customers a direct contact person on-site while at the same time advancing the company's business in the Asian market through this new presence.
Johannes Heckmann, Member of the Board of Nabaltec AG stated as follows: "We have been operating in the Asian market for almost two decades, we have been working closely and successfully with the Japanese company Sumitomo Chemicals for a few years now and we have had our own office in Shanghai, China since 2013. Forming our own subsidiary in that region is the next logical step in order to better exploit the potential which the Asian market offers us. We now look forward to the formation of Nabaltec AG's first subsidiary, Nabaltec Asia Pacific K.K."
About Nabaltec AG: Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide ("ATH") and aluminum oxide, as well as other raw materials, on an industrial scale through its "Functional Fillers" and "Technical Ceramics" divisions. The company's product range includes halogen-free flame retardant fillers and eco-friendly additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives replace stabilizers containing heavy metals in PVC processing. Nabaltec also produces base materials for use in technical ceramics, the refractory industry and catalysis. Unlike halogenated flame retardant fillers, the products manufactured by the company's "Functional Fillers" division contain no hazardous substances and do not require separate disposal. Rather, the company's flame retardant fillers actually decrease the development of fumes hazardous to human health and the environment in the event of fire. Nabaltec maintains production sites in Germany and the US and plans to continue to consolidate its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment.
Contact: Heidi Wiendl-Schneller Nabaltec AG Phone: +49 9431 53-202 Fax: +49 9431 53-260 E-mail: InvestorRelations@nabaltec.de
Frank Ostermair Better Orange IR & HV AG Phone: +49 89 8896906-14 Fax: +49 89 8896906-66 E-mail: frank.ostermair@better-orange.de
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15.02.2016 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. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Nabaltec AG Alustraße 50-52 92421 Schwandorf Germany Phone: +49 9431 53-0 Fax: +49 9431 53-260 E-mail: info @nabaltec.de Internet: www.nabaltec.de ISIN: DE000A0KPPR7, DE000A1EWL99 WKN: A0KPPR, A1EWL9 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------
437327 15.02.2016
DGAP-News: Nabaltec AG / Key word(s): Miscellaneous Nabaltec AG to form a wholly-owned subsidiary in Tokyo
15.02.2016 / 10:17 The issuer is solely responsible for the content of this announcement.
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Nabaltec AG to form a wholly-owned subsidiary in Tokyo - Formation will take place in the first quarter of 2016;
- Business in the Asian market to be expanded.
Schwandorf, 15 February 2016 - Nabaltec AG will be further expanding its operations in Asia in the first quarter of 2016 with the formation of a wholly-owned subsidiary based in Tokyo, Japan. Nabaltec Asia Pacific K.K. is to be engaged in marketing and sales for Nabaltec AG's entire product portfolio, working closely with regional sales partners. This will give Japanese customers a direct contact person on-site while at the same time advancing the company's business in the Asian market through this new presence.
Johannes Heckmann, Member of the Board of Nabaltec AG stated as follows: "We have been operating in the Asian market for almost two decades, we have been working closely and successfully with the Japanese company Sumitomo Chemicals for a few years now and we have had our own office in Shanghai, China since 2013. Forming our own subsidiary in that region is the next logical step in order to better exploit the potential which the Asian market offers us. We now look forward to the formation of Nabaltec AG's first subsidiary, Nabaltec Asia Pacific K.K."
About Nabaltec AG: Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide ("ATH") and aluminum oxide, as well as other raw materials, on an industrial scale through its "Functional Fillers" and "Technical Ceramics" divisions. The company's product range includes halogen-free flame retardant fillers and eco-friendly additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives replace stabilizers containing heavy metals in PVC processing. Nabaltec also produces base materials for use in technical ceramics, the refractory industry and catalysis. Unlike halogenated flame retardant fillers, the products manufactured by the company's "Functional Fillers" division contain no hazardous substances and do not require separate disposal. Rather, the company's flame retardant fillers actually decrease the development of fumes hazardous to human health and the environment in the event of fire. Nabaltec maintains production sites in Germany and the US and plans to continue to consolidate its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment.
Contact: Heidi Wiendl-Schneller Nabaltec AG Phone: +49 9431 53-202 Fax: +49 9431 53-260 E-mail: InvestorRelations@nabaltec.de
Frank Ostermair Better Orange IR & HV AG Phone: +49 89 8896906-14 Fax: +49 89 8896906-66 E-mail: frank.ostermair@better-orange.de
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15.02.2016 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. Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English Company: Nabaltec AG Alustraße 50-52 92421 Schwandorf Germany Phone: +49 9431 53-0 Fax: +49 9431 53-260 E-mail: info @nabaltec.de Internet: www.nabaltec.de ISIN: DE000A0KPPR7, DE000A1EWL99 WKN: A0KPPR, A1EWL9 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------
437327 15.02.2016
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