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Nabaltec: Naprotec LLC Acquired Land and Buildings
Both companies were formed in connection with the realignment of the US business and both are members of Nabaltec Group/DE. Current plans call for construction of a production facility for refined hydroxides with a yearly capacity of around 30 000 t by mid-2019. Nabaltec expects the project to have a positive impact on consolidated earnings one year after the new US plant goes online.