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ISIN: DE000KSAG888

DGAP-Adhoc: K+S Aktiengesellschaft: Deep-well injection application approved with restrictions

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DGAP-Ad-hoc: K+S Aktiengesellschaft / Key word(s): Miscellaneous/Miscellaneous
K+S Aktiengesellschaft: Deep-well injection application approved with restrictions

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.


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
[email protected]

Press:
Michael Wudonig
Phone: +49 561 9301-1262
[email protected]


23-Dec-2016 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: [email protected]
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

532811  23-Dec-2016 CET/CEST

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