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DGAP-News: AlzChem Group AG / Key word(s): Market Report
AlzChem Group AG wins Responsible Care 2021 competition in Bavaria thanks to new product for more climate protection in agriculture
Andreas Niedermaier, CEO of AlzChem Group AG: "We are delighted to receive this special award. It impressively demonstrates the success of our intensive R&D activities and is proof of our sustainability strategy. By using Eminex(R), farmers can join us in making an essential contribution to the fight against climate change and to achieving climate targets."
Eminex(R) is an additive for manure and biogas digestates that reliably inhibits 90% to 100% of methane and CO2 emissions, enabling manure to be stored in an environmentally and climate-friendly way. It also improves the quality and fertilizing effect of the manure and reduces the required storage volume. The official jury statement was correspondingly positive: "An outstanding development that has climate protection firmly in focus. The process, which can be implemented quickly and efficiently, has very great potential for significantly reducing methane emissions in agriculture."
Eminex(R) will be available to farmers with an official product launch from mid-September 2021.
The company sees interesting growth prospects for itself especially in the areas of human and animal nutrition and agriculture. As a result of population growth, it is necessary to achieve efficient food production. Pharmaceutical raw materials and our creatine products can contribute to healthy aging as life expectancy increases. AlzChem is facing up to the goal of sustainability arising from climate change in the field of renewable energies. The fields of fine chemicals and metallurgy offer just as great a perspective.
The broad product range of AlzChem Group AG includes dietary supplements, precursors for corona tests and pharmaceutical raw materials. These developments are our company's response to global trends and developments. AlzChem is ideally positioned in this regard and sees itself as well equipped for an environmentally oriented future and global developments.
The company employs around 1,630 people at four production sites in Germany and one plant in Sweden, as well as two sales companies in the USA and China. In 2020, AlzChem generated consolidated sales of around EUR 379 million and EBITDA of around EUR 53.8 million.
23.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
AlzChem Group AG
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Stuttgart
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