Cristal Global, one of the leading vertically integrated titanium chemicals companies in the world, announced a groundbreaking partnership with Outotec a leading provider of sustainable minerals and metals processing solutions. The parties signed a Letter of Intent on October 31st 2011.

Outotec has been selected to build a new fully scalable ilmenite processing plant for Cristal Global in Yanbu, estimated to become operational in Q4 2013. The plant will be constructed on a turnkey basis will require 800,000 tonnes of ilmenite ore to produce 500,000 tonnes of 85% TiO2 slag with 235,000 tonnes of high purity pig iron as a valuable co product.

Cristal Global is the second largest TiO2 producer in the world, a leading manufacturer of ultrafine TiO2 and the largest merchant supplier of titanium with global revenues surpassing USD 2.2 billion in 2010.

(Sourced from the Saudi Gazette)