Ciner invest $1.35 billion in soda ash facility

Ciner to invest $1.35 billion in soda ash facility

12:08 PM, 15th January 2013
Ciner to invest $1.35 billion in soda ash facility

 

ISTANBUL, TURKEY: Ciner Group, a Turkish company with interests in mining, energy and media, will invest $1.35 billion in a soda ash production complex that will also have an 800 megawatt power plant. Ciner’s Kazan Soda Elektrik AS will use a former Rio Tinto Plc (RIO) site in Kazan, near Ankara, Turkey, said Nedim Sener, Chairman, Kazan Soda. China Tianchen Engineering Corp will provide engineering and procurement services and the site will be completed by 2017.

Kazan will have an annual production of 2.7 million metric tonne of soda ash and Ciner, which also holds a 74 per cent stake at Eti Soda AS, the country’s biggest soda ash producer at a nearby site, will have a combined soda ash production of 4.4 million tonne when both plants run at full steam from 2017.

© Bloomberg News

 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Styron appoints Pugh as Senior Vice President for Plastics

BERWYN, US: Styron announced the appointment of Martin Pugh as Senior Vice President and Business President, Plastics of Styron effective from 1 Mar ...

Read more
Dow to open innovation centre at University of Illinois

CHAMPAIGN, US: As part of its mission to solve challenging problems through innovation, The Dow Chemical Company announced a partnership with the Univ ...

Read more
O’Rourke Petroleum acquires Penco Oil

HOUSTON, US: O’Rourke Petroleum announced the acquisition of Penco Oil Company, expanding the company’s reach and growth potential in Ea ...

Read more
DSM Dyneema opens Asia Pacific technical centre in Singapore

HEERLEN, THE NETHERLANDS: DSM Dyneema, the inventor and manufacturer of ultra high molecular weight polyethylene (UHMWPE) fibre branded as Dyneema, of ...

Read more
Georgia Gulf completes merger with PPG, changes name to Axiall

ATLANTA, US: Georgia Gulf Corporation’s pending merger with PPG’s commodity chemicals business is completed, it will change its name to Ax ...

Read more
Clariant to acquire CRM International

MUTTENZ, SWITZERLAND: Clariant signed an agreement to acquire CRM International SAS, a French based manufacturer of natural ingredients for the person ...

Read more