CalciTech Contracts Process Engineers.Business Editors HAMILTON, Bermuda--(BUSINESS WIRE)--March 5, 2002 CALCITECH LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CLKTF; CDNX CDNX See Canadian Venture Exchange (CDNX). : CLK CLK Clock CLK Clerk CLK CDC2-Like Kinase CLK Corel RAVE (file extension) CLK Chep Lap Kok (Hong Kong airport) CLK Ceska Lekarska Komora (Chech) ) announces it has retained WS Atkins Consultants Limited, a United Kingdom public company, for completion of the process design and tender preparation for their first commercial Precipitated Calcium Carbonate calcium carbonate, CaCO3, white chemical compound that is the most common nonsiliceous mineral. It occurs in two crystal forms: calcite, which is hexagonal, and aragonite, which is rhombohedral. "PCC PCC prothrombin complex concentrate. " plant, which will be constructed in Germany. WS Atkins recently acquired Ventron Technology Ltd who had previously carried out the design task for a 40,000 tonne per annum plant for the production of a dry as well as a slurry product with circa 70% solid consistency. As CalciTech Ltd is now completing the construction of a demonstration plant this further contract will allow the finalisation of this vital work in conjunction with the review of this operating plant. The plant to be constructed at Leuna in Germany, will be fed with carbide lime from the nearby Schkopau waste deposits owned by Mitteldeutsche Sanierungs und Entsorgungsgesellschaft mbH "MDSE MDSE Merchandise MDSE Message Delivery Service Element MDSE Missile Defense System Exerciser " and excess CO2 supplied by Linde Gas AG. CalciTech's unique waste upcycling technology qualifies it for grant claims of up to 50% of capital cost, a major contribution to funding the project. A combination of project finance and equity is planned to fund the balance. Erik Jensen, Engineering Director states, "The plant will incorporate CalciTech's patented technology for upcycling industrial waste into high purity PCC products. CalciTech intends the first phase capacity of this plant to be committed to the production of a PCC product of superior brightness and supplied as a heavy duty slurry of over 70% solids. This will be sold as an ultra fine premium coating pigment to the paper industry." This press release contains forward-looking statements which are subject to a number of contingencies and uncertainties, including but not limited to, market acceptance for CalciTech products, manufacturing of CalciTech products in a commercial setting, obtaining adequate financing and construction management for products and obtaining appropriate permits. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change. No Stock Exchange has reviewed or accepted responsibility for the adequacy or accuracy of this press release. |
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