Ad-hoc | 23 December 2016 11:11
K+S Aktiengesellschaft / Key word(s): Miscellaneous/Miscellaneous
23-Dec-2016 / 11:11 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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On December 23, 2016 the Kassel regional council approved the continued
deep-well injection of saline wastewater from potash production at the
Werra plant. The water law permit will be valid from January 1, 2017 until
December 31, 2021 and enables an annual volume of 1.5 million cubic meters
to be injected - two million cubic meters had been applied for on average
for the years 2016 - 2021. The permit also includes a number of ancillary
provisions. Assuming a hydrological normal year, full production at the
Werra plant should almost be possible in 2017. However, in low water level
periods this will remain a major challenge. If the currently prevailing low
water level continues, the resumption of full production at the Hattorf
site might not initially be possible, despite the approval received. As of
2018, the commissioning of the new KCF processing plant will have a
positive impact on the situation regarding disposal.
Your contact persons:
Investor Relations:
Thorsten Boeckers
Phone: +49 561 9301-1460
thorsten.boeckers@k-plus-s.com
Press:
Michael Wudonig
Phone: +49 561 9301-1262
michael.wudonig@k-plus-s.com
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23-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: K+S Aktiengesellschaft
Bertha-von-Suttner-Str. 7
34131 Kassel
Germany
Phone: +49 561 9301 0
Fax: +49 561 9301 2425
E-mail: investor-relations@k-plus-s.com
Internet: www.k-plus-s.com
ISIN: DE000KSAG888
WKN: KSAG88
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated
Unofficial Market in Tradegate Exchange
End of Announcement DGAP News Service