AFKEM AG
Good Q3 sales figures
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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In the first nine months of the year, AFKEM AG’s turnover totalled € 9.5
million (previous year: € 1.6 million). The company is successfully
establishing itself as a key partner for chemical companies in Germany.
AFKEM AG has five employees. The main focus of company activities lies in
marketing and distributing the titanium dioxide produced by the Ukrainian
plant ‘Crimea Titan’, which produces various kinds of titanium dioxide used
in the varnish and paint industry and for the production of paper and
plastics. The titanium dioxide produced by ‘Crimea Titan’ in the Ukrainian
city of Armyansk has meanwhile reached a high standard of quality. Besides
titanium dioxide, AFKEM AG also markets urea, adipic acid, and soda ash
light and dense. Turnover for this year is expected to total € 12.5
million.
On 29 September 2006, the Hamburg District Court entered the new company
name ‘AFKEM AG’ in the register of companies. The new name replaces the
previous name of the tradition-rich company, which was ‘Aktiengesellschaft
für chemische Industrie’. The change of name was agreed upon at the
company’s last Annual Shareholder Meeting on 21 June 2006.
Contact: AFKEM AG,
Managing Director, Matthäus Ebinal, phone: (040) 5300 300
(c)DGAP 19.10.2006
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Language: English
Issuer: AFKEM AG
Erdmannstraße 10-12
22765 Hamburg Deutschland
Phone: +49-(0)40-530030-0
Fax: +49-(0)40-530030-33
E-mail: info@afkem.com
WWW: www.afkem.com
ISIN: DE0005422000
WKN: 542200
Indices:
Listed: Freiverkehr in Berlin-Bremen, München, Stuttgart
End of News DGAP News-Service
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