The MEC for Economic Development, Tourism and Environmental Affairs Nomusa Dube-Ncube has announced the countdown to the construction of a pilot - demo plant of a chemical plant producing titanium dioxide (TiO2) pigment from titaniferous slag and acid. The product has a wide range of uses from industrial coatings, paints, cosmetics, foodstuffs and pharmaceuticals.
The entity, under the department, the Richards Bay Industrial Development Zone has allocated 65 hectares of land Phase 1 F of the estate.
“We express our appreciation to the CEO of Nyanza Light Metals Mr Donovan Chimhandamba and the entire executive management team. More than 800 jobs are to be created during construction and 300 direct permanent jobs after during operation. The total investment value is R4.5 billion,” Dube-Ncube reaveled.
The construction will be in two phases being:
• Phase 1: will be a Pilot and Demonstration plant which will create approximately 20 permanent jobs and about 80-100 construction jobs. The value for this phase is R2 billion.
• Phase 2: will be a full plant which will account for the remainder of the jobs and value of investment. The permanent jobs during this phase are estimated at 280 with the total investment value of R4,3 billion.
In terms of raw materials, the plant will use 320 000 tpa of sulphuric acid, 36 000 tpa of ammonium sulphate, 380 000 tpa of lime and 250 000 tpa of feed material.
Most of the raw material would require railway infrastructure closer to the site and sulphuric acid supplied preferable through pipeline. The plant will produce 50 000 tons per annum of which 60% will be exported to African and international markets.