DGAP-News: HMS Bergbau AG / Key word(s): Alliance Long-term cooperation between HMS Bergbau AG and German Pellets GmbH 18.01.2011 / 07:45 --------------------------------------------------------------------- Corporate News dated January 18, 2011 Long-term cooperation between HMS Bergbau AG and German Pellets GmbH - Participation in the growing global wood pellets market - HMS Bergbau AG adds wood pellets to its service portfolio Berlin, January 18, 2011: HMS Bergbau AG, an international coal supplier with operating know-how of coal mining, transport and trade, and German Pellets GmbH, Europe's largest manufacturer of wood pellets, have agreed to enter into an exclusive long-term cooperation. HMS Bergbau AG will contribute and use all of its sourcing options and become the exclusive distributor of German Pellets' wood pellets, an environmentally friendly and sustainable energy source, to new industrial customers. 'Together with HMS Bergbau AG, we have now created an excellent foundation for gaining new global market shares and generating continuous sales growth,' explained Peter H. Leibold, CEO of German Pellets GmbH. 'The cooperation between German Pellets GmbH and us will combine a high degree of competence in production on the one hand and excellent marketing know-how when it comes to selling to power plants and industrial customers on the other. We hope this expansion of our service portfolio to cater for the generally growing wood pellets market will lead to a continuous increase in sales,' commented Heinz Schernikau, CEO of HMS Bergbau AG. About German Pellets GmbH: German Pellets GmbH was founded in 2005 and within five years has become Europe's largest manufacturer of wood pellets, with a current production capacity of 1.1 million tonnes annually. The company operates eight sites in total, employs around 350 people, is managed by its owner, enjoys an excellent financial position and is expected to have achieved an estimated EUR 150 million in sales in 2010. With a 40% share in the German market, the company also exports large quantities to its neighbouring European countries. German Pellets owns state-of-the-art facilities that produce a large variety of pellet grades. This enables the company to optimally respond to the diverse needs of individual consumers and large industrial customers. In addition to wood pellets, German Pellets' subsidiary, German Horse Pellets, has been successfully producing animal bedding products for large and small animals and pets since 2008. About HMS Bergbau AG: Berlin-based HMS Bergbau AG is an independent coal trading house specializing in just-in-time deliveries of thermal coal to power plants and other industrial consumers. The company is one of the leading coal trading companies in Germany and markets its products to renowned consumers worldwide. HMS is actively expanding its activities to span coal production and logistics solutions primarily in Asia and Eastern Europe. In addition, the company is developing environmental technologies, in particular concerning underground CO2 capture and storage (CCS technology). HMS has been listed at Germany's Frankfurt Stock Exchange since December 2008. Company contact: HMS Bergbau AG An der Wuhlheide 232 12459 Berlin T.: +49 (30) 65 66 81-0 F: +49 (30) 65 66 81-15 Email: info@hms-ag.com URL: www.hms-ag.com HMS Investor Relations contact: GFEI Aktiengesellschaft Hamburger Allee 26-28 60486 Frankfurt am Main T.: +49 (69) 74 30 37-00 F.: +49 (69) 74 30 37-22 Email: investors@hms-ag.com End of Corporate News --------------------------------------------------------------------- 18.01.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 109202 18.01.2011
DGAP-News: Long-term cooperation between HMS Bergbau AG and German Pellets GmbH
| Source: EQS Group AG