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Comment Business & Economics

Cristal Global announces TiO2-industry partnership with Outotec  

By Gerald Ondrey |

Cristal Global (Jeddah, Saudi Arabia; www.cristalglobal.com), one of the leading vertically integrated titanium-chemicals companies in the world, has announced a “groundbreaking” partnership with Outotec Oyj (Espoo, Finland; www.outotec.com), a leading provider of sustainable minerals and metals processing solutions. The parties signed a Letter of Intent October 31, 2011. Outotec has been selected to build a new fully scalable ilmenite-processing plant for Cristal Global in Yanbu, Saudi Arabia, estimated to become operational in Q4 2013. The plant will be constructed on a turnkey basis, will require 800,000 metric toms (m.t.) of ilmenite ore to produce 500,000 m.t. of 85% TiO2 slag with 235,000 m.t. of high-purity pig iron as a valuable co-product. The smelter’s location brings significant cost savings and operational synergies, due to the logistics, cost savings, and abundant power capacity in the Kingdom of Saudi Arabia. Source: www.businesswire.com There is no pdf available for this short news item  
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