CSME announces merchant SCC plant project

14 November, 2011

CalciTech Synthetic Minerals Europe Ltd ("CSME") is pleased to announce that it has signed a Letter of Intent relating to the construction and operation of a Synthetic Calcium Carbonate ("SCC") plant on the site of SKW Stickstoffwerke Piesteritz GmbH ("SKWP").

The plant, with planned production of 50,000 tonnes per annum will be situated on the Agro-Chemie Park, Piesteritz in Lutherstadt-Wittenberg, Germany. Feasibility should be completed by 31 December 2011 at the latest. SKWP is the largest producer of ammonia in Germany and is actively developing business on the Agro-Chemie Park. In addition to renting a suitable plot of land to CSME, and providing utilities and site services, SKWP will supply the CO2 required for this SCC plant.

Thomas Livingstone-Learmonth, COO of CSME said:

"This is the first of a number of merchant plants intended to be built in Europe. The Agro-Chemie Park is an excellent location for this plant, which is exceptionally well developed and will significantly contribute to its high "green" standards absorbing carbon emissions."

About SKW Stickstoffwerke Piesteritz GmbH:

SKWP is the largest ammonia and urea producer in Germany and is located at the 220 hectare Agro-Chemical Park Piesteritz being unique in Germany. About 800 employees at sites in Piesteritz and Cunnersdorf produce a broad range of industrial chemical and agrochemical products, around four million tons of products every year. The company is also one of the most innovative fertilizer producers in Europe. The modern products for plant nutrition are developed in the company's own research and development centre. In Cunnersdorf near Leipzig, everything that is connected with the concrete use of the innovative fertilizer products is tested, examined and investigated on over 170 hectares. SKWP is part of the Agrofert Group owned by Andrej Babiš.