CalciTech Ltd. (OTCBB:CLK) announces today that its subsidiary CalciTech Synthetic Minerals Ltd (CSM) has signed an agreement with Mott MacDonald Ltd. of the United Kingdom, a global management, engineering and development consultancy. The company will prepare basic engineering design documentation for a 50,000 tonnes per annum Synthetic Calcium Carbonate (SCC) plant.
The project with CSM will be managed by John Challenger, a Divisional Director of Mott MacDonald’s Nuclear and Process business.
Commenting on the appointment John Challenger said: “Mott MacDonald is pleased to provide engineering design services for the development incorporating CalciTech’s patented technology. We have years of experience in the process industry sector and will provide CSM with an integrated service both for the first plant and for future plants wherever they will be built throughout the world.”
About CalciTech Synthetic Minerals Ltd:CalciTech Synthetic Minerals Ltd has developed and patented unique technology for the production of Synthetic Calcium Carbonate, “SCC” a specialty material that may be widely used in industrialized parts of the world and is developing operating licensees in these territories, the first being in Europe. With its technological capabilities, CalciTech will continue to develop the product potential into other areas. About Mott MacDonald Ltd.: Mott MacDonald of the United Kingdom is a global management, engineering and development consultancy with more than 14,000 staff, £1 billion revenue and work in 140 countries for the public and private sectors. Mott MacDonald’s core business sectors cover buildings, transport, energy, water, environment, health, education, industry, oil and gas, communications and international development. The company has a significant and growing business in the industry sector and is currently working on a range of major projects in USA, China, Middle East, Russia, Europe and the UK. More information can be found at http://www.mottmac.com/ The directors of the company take responsibility for this announcement. Forward Looking Comments: The statements contained in this release that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. There can be no assurance that future developments affecting the Company will be those anticipated by management. Actual results may differ from those projected in the forward-looking statements. These forward-looking statements involve risks and uncertainties. Readers should refer to the risks disclosures in the company's public filings with the Securities and Exchange Commission ( www.edgar.sec.gov ) or on the Company’s website.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV