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




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