CalciTech agreement with Carbide Industries LLC

05-Mar-2003
CALCITECH LTD and Carbide Industries LLC of Louisville, KY announce their agreement to enter into negotiations concerning the use of Carbide Industries¹ carbide lime for the manufacture of Synthetic calcium carbonate (SCC) by CalciTech¹s proprietary process technology. Carbide lime is a co-product derived from acetylene gas manufacturing, which has been carried out at Carbide Graphite¹s Louisville operation since 1942. Carbide lime has found application in such uses as flue gas desulfurization and soil stabilization. CalciTech has developed a unique process for the upcycling of carbide lime and flue gas carbon dioxide into white pigment grade SCC. The company recently announced the European launch of -two new SCC products with a third in the pipeline. The new products, Calci LS and Calci SG, will find use in coated paper and paperboard, while the third SCC product will serve the water based decorative paint market. Due to the outstanding purity of SCC products manufactured by the CalciTech process, they likely will also find uses in food grade and pharmaceutical applications. Successful negotiations between Carbide Industries and CalciTech will result in the construction of a production plant for the manufacture of the entire range of CalciTech SCC products from the large on-site reserves and continuing production of high quality carbide lime at Carbide Industries¹ Louisville, KY plant.

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