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Argex releases feasibility study of new TiO2 project

10 Oct '13
4 min read

“The financing of subsequent modules should benefit from better financing terms resulting from the cash-flow and reduced risks associated from the operation of the first module. We are confident that the subsequent modules represent a compelling case for future expansion,“ added Roy Bonnell.

The industrial project planned location is the Perron Industrial Park in Salaberry-de-Valleyfield, Quebec where an existing 357,000 square foot industrial site has already been selected. The site is located near the Port of Valleyfield and the existing CN railway infrastructure.

The main products will be coated and uncoated TiO2 pigment mainly used for architectural paint, plastic and cosmetics applications. Commercially available sulphate-grade ilmenite concentrate has been selected in the Study as the initial feedstock for the operation. The Study demonstrates commercial by-products of significant value will be generated during the processing of the feedstock, which consequently will minimize costs associated with waste treatment and disposal.

“Argex is actively working with its vendors and consultants to improve on the already impressive results of the Study,” said Enrico Di Cesare, Chief Operating Officer and Vice President, Technology of Argex. “We will also continue to work closely with both the technology providers to optimize our construction schedule and the engineering team and equipment vendors to provide a greater level of precision on all items covered in the Study.” 

During the course of the Study, Argex has identified several opportunities for further improvements in cost saving which have not been included in the present Study.

These opportunities include:

- Optimization of the energy recovery between technology islands;
- Optimization of credits from by-products;
- Further process improvements;
- Optimization of feedstock supplies;

“Work related to detailed engineering should start in early 2014 and permitting is already underway,” added Mr. Di Cesare. “We are closely working with equipment suppliers, construction contractors and engineers to commission the plant in the summer of 2015.”

Argex Titanium

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