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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. The opening of the plant remains contentious. It is seen as an example of government collusion with big business.

The Tikhvin Ferroalloy Plant finally began production in 2007. 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") 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. In 2010, it employed 720 people.

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).

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. ^ 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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