CalciTech Launches SCC Product Range.Business Editors HAMILTON, Bermuda--(BUSINESS WIRE)--Feb. 10, 2003 CALCITECH LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :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) ; Freiverkehr:XCH XCH Exchange XCH Christmas Island (airport code) XCH Extended Channel ; OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CLKTF) CalciTech announces the launch of its SCC SCC - strongly connected component range of synthetic mineral pigments. SCC is Synthetic Calcium Carbonate manufactured by the unique CalciTech process that involves the selective dissolution of calcium from industrial waste and its subsequent precipitation from solution with waste CO2 into pure calcium carbonate. The first sectors to be addressed are the paper coating market and the paint market. The high calcium selectivity at the initial dissolution step guarantees the final purity of the product at a unique level. The solution environment assures the exceptional uniformity of the final precipitate with easy control of the desired particle size. CalciTech is immediately launching two SCC products. The first, Calci LS, is designed to maximise light scattering. Calci LS is targeted to partially replace and extend costly Titanium Dioxide "TiO2", Aluminium TriHydrate "ATH" and Precipitated Silica "PS" and fully substitute calcined clay in fine paper applications and Super Calendered cal·en·der n. A machine in which paper or cloth is made smooth and glossy by being pressed through rollers. tr.v. cal·en·dered, cal·en·der·ing, cal·en·ders A+ "SCA (Single Connector Attachment) An 80-pin plug and socket used to connect peripherals. With a SCSI drive, it rolls three cables (power, data channel and ID configuration) into one connector for fast installation and removal. +" on a cost effective basis. Examples of such applications are Bible paper, security paper, laminating paper, auto-adhesive labels, flexible packaging etc. Francois Roux, CalciTech's SCC Specialty Manager states, "Initial quantities remain very limited and are distributed to a selected number of launch customers. Large volume supply will become available following the commissioning of our first full commercial scale plant at Leuna, Germany, in 2004." The production facilities are projected for a capacity of 40,000 tons per annum in the first stage. The second SCC product, Calci SG, is designed to provide a super gloss coating for premium grade printing and writing papers including Light Weight Coated, "LWC LWC Lindsey Wilson College (Kentucky) LWC Liquid Water Content LWC Lightweight Coated paper LWC Language of Wider Communication LWC Lincoln-Way Central LWC Lost Workday Case LWC Leave Word Calling LWC Light Weight Concrete " and coated folding boxboard box·board n. A firm cardboard used for making boxes. . In the latter application, Calci SG allows for a reduction in calendaring nips to improve bulk at no loss in gloss. Adequate product volume will be supplied from CalciTech's Leuna plant when commissioned. A third SCC product currently being developed is expected to be launched in early Spring 2003 to serve the water based decorative paint market. While paint overall is growing at 2% pa, water based emulsion paint is growing at 9% driven by environmental considerations. These products are developed based on the superior characteristics of CalciTech SCC in paper coating as demonstrated by the test results of the Centre Technique du Papier at Grenoble which were announced last autumn. About CalciTech CalciTech Ltd. has developed a unique process for the upcycling of industrial waste lime and flue gas carbon dioxide into white pigment grade Synthetic Calcium Carbonate (SCC). The production of this innovative product is based on a patented process developed in collaboration with several universities and research centres. The first plant will be located in Leuna, Germany. The plant is expected to produce over 40,000 tons of SCC per year. CalciTech intends to expand its worldwide technology-leadership in the production of environmentally friendly SCC. Given the high quality of the product, the company foresees several application areas in different industrial markets, above all in the paper manufacturing market. The company is based in Bermuda with administrative headquarters in Ferney Voltaire, France. CalciTech's shares are listed in Canada on the TSX (Symbol:CLK), in the United States on the OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB (Symbol:CLKTF) as well as on the Freiverkehr in Germany (Symbol:XCH). 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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