DGAP-Adhoc: Nabaltec AG: US subsidiary Nashtec LLC affected by the plant closure of its most important supplier; supply of Nashtec customers ensured

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| Source: EQS Group AG
Nabaltec AG  / Key word(s): Miscellaneous

02.08.2016 17:58

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Nabaltec AG: US subsidiary Nashtec LLC affected by the plant closure of its
most important supplier; supply of Nashtec customers ensured

Schwandorf, 2 August 2016 - Sherwin Alumina Company, LLC, which supplies
raw materials to the Nashtec LLC joint venture, announced in a press
release on 1 August 2016 that it plans to discontinue production.
Production is to be discontinued through the end of August 2016.

As a result, Nashtec LLC will lose its supplies of raw materials as well as
its access to infrastructure and will therefore have to temporarily halt
production in September. The plan is for Nashtec LLC to continue to operate
in the future based on a stand-alone solution, but this requires the
agreement of the joint venture partner as well as implementation of an
investment package which is already planned.

Customers which have been supplied through Nashtec until now will continue
to be supplied by Nabaltec AG from its Schwandorf site, using the capacity
which has been added in recent months, so that there will no interruption
in supply. As a result, significant revenue losses are not to be expected.
However, factors may arise which could weigh down earnings; the precise
amount of these potential losses cannot be stated at this time. Because of
Sherwin Alumina's Chapter 11 bankruptcy procedure, Nabaltec has refrained
from issuing a revenue and earnings forecast for 2016.


Contact:
Marina Fuchs   
Nabaltec AG   
Phone: +49 9431 53-205  
Fax: +49 9431 53-203  
E-mail: mfuchs@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


02.08.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at 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, Tradegate Exchange; Open Market (Entry Standard)
              in Frankfurt
 
End of Announcement                             DGAP News-Service
 
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