===
EQS-News: Alzchem Group AG / Key word(s): Sustainability
Alzchem Group AG: Three Alzchem climate projects receive public funding of around EUR 850 thousand
2024-06-07 / 15:15 CET/CEST
The issuer is solely responsible for the content of this announcement.
Alzchem Group AG: Three Alzchem climate projects receive public funding of around EUR 850 thousand
Trostberg, June 7, 2024 - Alzchem has received funding commitments totaling around EUR 850 thousand, which represent
non-repayable investment grants this year. Alzchem Group AG, a vertically integrated specialty chemicals supplier with
a leading market position in selected niche markets, continues to consistently implement its ambitious climate roadmap.
On the way to climate neutrality by 2033, the company is implementing various measures to save energy, recover heat and
increase efficiency. Alzchem is also supported in this by the Federal Office for Economic Affairs and Export Control
("Bundesamt für Wirtschaft und Ausfuhrkontrolle", BAFA). So far this year, Alzchem has received funding commitments
totaling around EUR 850 thousand, which represent non-repayable investment grants.
Andreas Niedermaier, CEO of Alzchem Group AG: "We are delighted about the government recognition and support for our
efforts to promote climate protection and reduce our CO[2] emissions. We are convinced that specialty chemicals can
make an important contribution to sustainability. To this end, we will continue to work on innovative solutions that
make both economic and ecological sense. The current status of our climate roadmap was presented in detail at the
Annual General Meeting on May 7, 2024, and can also be viewed on our website." Alzchem Group AG had already presented
its climate roadmap extensively to its shareholders at the Annual General Meeting 2023 and was the first German listed
company to obtain a "Say on Climate" resolution from its shareholders.
The complete climate roadmap is available for download on the website www.alzchem.com in the Sustainability section.
About Alzchem
Alzchem is a globally active specialty chemicals company that is one of the market leaders in most of its fields of
activity. Alzchem benefits from the three very different global developments climate change, population growth and
longer life expectancy in a unique way. Alzchem products can offer attractive solutions for achieving the resulting
social goals in a multitude of different applications.
The company sees interesting growth prospects for itself in the areas of human and animal nutrition and agriculture in
particular. As a result of population growth, it is necessary to achieve efficient food production. Pharmaceutical raw
materials and creatine products can contribute to a healthy old age as life expectancy increases. Alzchem is facing up
to the goal of sustainability arising from climate change in the field of renewable energies and across the entire
company. The fields of fine chemicals and metallurgy offer just as great a perspective.
Alzchem Group AG's broad product range includes dietary supplements, precursors for PCR tests and pharmaceutical raw
materials. These offerings are the company's response to global trends and developments. Alzchem is ideally positioned
in this respect and considers itself well prepared for an environmental future and global developments.
The company employs around 1,690 people at four production sites in Germany and a plant in Sweden, as well as three
sales companies in the USA, China and England. Alzchem generated Group sales of EUR 540.6 million and EBITDA of EUR
81.4 million in 2023.
2024-06-07 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Alzchem Group AG 

Dr.-Albert-Frank-Str. 32
83308 Trostberg
Germany

Phone:        +498621862888 
Fax:          +49862186502888 
E-mail:       ir@alzchem.com 
Internet:     www.alzchem.com 
ISIN:         DE000A2YNT30 
WKN:          A2YNT3 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Stuttgart 
EQS News ID:  1920871 

End of News EQS News Service
===
1920871 2024-06-07 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1920871&application_name=news

END) Dow Jones Newswires

June 07, 2024 09:15 ET (13:15 GMT)