Tasnee pushes ilmenite plant trial run to H1

National Industrialization Co.’s (Tasnee)  ilmenite processing plant will delay trial operations to a later time during H1-2016 due to technical issues, the company said in an annual report.

Tasnee said in July it would postpone the trial run to Q1-2016, while commercial operation was scheduled to start during H1-2016.

The Saudi-listed industrial firm owns a 50 percent stake in the project. The remaining percentage is held by titanium dioxide firm Cristal Global, which is 79 percent-owned by Tasnee.

The facility, located in Jazan Economic City, will produce titanium slag at an initial annual capacity of 500,000 tons, which is designed to expand to one million tons, according to data compiled by Argaam.