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Nabaltec AG: Nashtec to reach full capacity in 10.2007
Schwandorf, (PresseBox) - Nabaltec AG, a leading supplier of mineral-based flame retardants and raw materials for technical ceramics, expects its US joint venture, Nashtec, to return to full capacity in October 2007, as announced, after which it will be able to meet all customer orders again. In early August, an extensive safety inspection had to be conducted of all precipitators at Nashtec after a design error had resulted in a technical defect. This action has now been successfully completed, and design improvements have already been made to some precipitators. These incurred costs are covered by the warranty of the tank manufacturer and insurance. Nabaltec AG expects production already to resume in the coming week and the first deliveries from the production site in Corpus Christi, Texas, to be made in the 38th week of the year, as scheduled.