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Altech recently announced that its 75% owned German subsidiary
Iggy also recently featured in a radio interview with Mr
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https://www.altechchemicals.com
About
HPA is a high-value, high margin and highly demanded product as it is the critical ingredient required for the production of synthetic sapphire. Synthetic sapphire is used in the manufacture of substrates for LED lights, semiconductor wafers used in the electronics industry, and scratch-resistant sapphire glass used for wristwatch faces, optical windows and smartphone components. Increasingly HPA is used by lithium-ion battery manufacturers as the coating on the battery's separator, which improves performance, longevity and safety of the battery. With global HPA demand approximately 19,000t (2018), it is estimated that this demand will grow at a compound annual growth rate (CAGR) of 30% (2018-2028); by 2028 HPA market demand will be approximately 272,000t, driven by the increasing adoption of LEDs worldwide as well as the demand for HPA by lithium-ion battery manufacturers to serve the surging electric vehicle market.
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Corporate
Managing Director
Tel: +61-8-6168-1555
Email: info@altechchemicals.com
Company Secretary
Tel: +61-8-6168-1555
Email: info@altechchemicals.com
Investor Relations (
Tel: +49-69-175-548320
Email: hoffmann@soarfinancial.com
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