Tikhvin Ferroalloy Plant

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Tikhvin Ferroalloy Plant (Russian : ЗАО "Тихвинский ферросплавный завод" - ТФЗ) is a company based in Tikhvin, Russia.

History

In 1994, a company was established to construct a $110 million manufacturing plant capable of producing 140,000 tonnes of ferrochromium and 150,000 tonnes of crushed residue per year. A 1997 referendum in Tikhvin opposed the establishment of the plant, but after acquiring the unfinished project in 2001, ICT Group announced its intention to complete its construction. [1] The opening of the plant remains contentious. It is seen as an example of government collusion with big business. [2] [3]

The Tikhvin Ferroalloy Plant finally began production in 2007. [4] A low world demand for ferrochromium delayed the factory's ramp-up to full production, with two furnaces started in 2007 and another two in 2008. The company began production from concentrated chrome ore from the Mechel-held Voskhod chrome processing plant (ГОКа "Восход-Хром" [5] ) in Kazakhstan in early 2009. The plant's four furnaces have a maximum power of 22.5 MW. In 2009 production was 53,900t (chromium equivalent) with a typical chromium content of 69-70% in the ferroalloys. [6] [7] [8] In 2010, it employed 720 people. [4]

In April 2008, the plant's owner, Oriel Resources, was acquired by Mechel. In 2013, Mechel sold its ferroalloy holdings, including the Tikhvin plant, to Yildirim (Turkey). [9] [10] [11]

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References

  1. ↑ Тихвин гонит ферросплавный завод, www.dp.ru (in Russian), 9 April 2004
  2. ↑ "Борьба с феррохромом за гражданское общество", www.oprf.ru, Общественная палата Российской Федерации (Public Chamber of Russia), 12 October 2011
  3. ↑ Каторгина Вероника Сергеевна; Семенов Владимир Анатольевич, Проблемы и пробелы в референдарном законодательстве Российской Федерации (политико-правовой анализ)., jurnal.org (in Russian)
  4. 1 2 ЗАО "Тихвинский ферросплавный завод", trudslava.ru (in Russian), Трудовая слава, 8 July 2010
  5. ↑ Горно-обогатительный комбинат "Восход", www.mechel.ru (in Russian), Mechel
  6. ↑ Тихвинский ферросплавный завод планирует увеличить выработку чистого хрома до 80 тыс. т в год к 2015г., www.metaldaily.ru (in Russian), 10 June 2010
  7. ↑ "ОАО "Мечел" сообщает о пуске в эксплуатацию электропечи №1 в ЗАО "Тихвинский ферросплавный завод", дочернем предприятии компании Oriel Resources Ltd.", www.metaldaily.ru (in Russian), 1 July 2009
  8. ↑ ОАО "Мечел" сообщает о пуске после проведенного ремонта электропечи №2 на своем дочернем предприятии ЗАО "ТФЗ"., www.metaldaily.ru (in Russian), 2 June 2009
  9. ↑ Popova, Nadia (1 August 2013), Mechel sells chrome assets to Yildirim Group for $425m
  10. ↑ "Mechel Announces Closing Deal on Disposal of Several Ferroalloy Assets", www.mechel.com (press release), 27 Dec 2013
  11. ↑ "YILDIRIM GROUP's Latest Acquisition is Mechel`s Chrome Assets". Yildirim Group. Retrieved 3 January 2021.
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