New Building

hte expanding premises in Heidelberg

HEIDELBERG [October 21, 2010]

hte – the high throughput experimentation company, officially announces the acquisition of a further building and additional space at its premises in Heidelberg today.

The purchase contract for the acquisition of the former Leuchtstoffwerk GmbH site, a luminescent material factory, was already signed in September 2010. hte is hereby expanding its space from a current 17,000 m2 by an additional 4,500 m2. At the same time, the existing office, laboratory, and engineering and construction space is being increased by 2,500 m2 to 7,100 m2.

The first buildings of the Leuchtstoffwerk GmbH were built in 1948 and had been leased by Ciba Specialty Chemicals for the production of fluorescent lamps and luminescent pigments. The buildings have thus been in use by chemical companies ever since their construction.

An initial 30 employees from the departments of engineering and technology development are intended to take up their work place in the new building as of the third quarter of 2011. By early 2012 the relocation of both departments are due to be completed. The vacated office space in hte’s main building will then be converted into additional laboratory space.

Wolfram Stichert, CFO, hte AG, comments, “This step has become necessary, as hte is, once again, bursting at the seams of its current grounds. Of course, this is something we are very pleased about because it means that, even under the recent economic circumstances, our workload has remained consistently high. For us, the expansion is a logical and consequential measure and signifies a clear commitment to Heidelberg.”

Stefan Droste, hte AG, who is coordinating the remodeling of and relocation into the newly acquired building notes, “My job is to create a productive work environment. The almost historical architecture and impressive inner courtyard are very suitable for creating an inspiring atmosphere.”

About hte AG

hte Aktiengesellschaft (AG), a public limited company, is a leading provider of technology solutions and services for customers in the energy, refinery, chemicals and environmental sectors. For the development of their technology platform the team of hte is nominated for the ‘German Future Prize 2010’ – The federal president’s award for innovation and technology. Thanks to hte’s products and services, R&D in the area of heterogeneous catalysis has become considerably faster and more productive. As a reliable partner in the field of high throughput experimentation, hte offers comprehensive expertise backed up by complementary products and services: 1) technology solutions – tailor-made integrated hardware and software systems, installed and ready for use on site at the customer’s premises; 2) R&D solutions – implementation of research cooperation at hte’s own premises in Heidelberg. With its high-quality services, hte supports its customers in the search for solutions to global challenges such as climate and environmental protection, energy efficiency and mobility. The close ties with BASF guarantee long-term orientation and stability.

Contacts

hte AG
Violetta Kohler
Teamleader Marketing
Kurpfalzring 104, 69123 Heidelberg
T: +49 6221 7497 290
F: +49 6221 7497 134
violetta.kohlerhte-company.de