Riyadh-Mubaher: The National Industrialization Company’s (Tasnee) ilmenite treatment project will start commercial production during the first half of 2017, according to a bourse statement.
Located in Jazan Economic City, the project trial startup will be during the second half of 2016.
The technical work and testing for the project trial is still ongoing because of its large size and nature of technology used.
The financial impact of such project on Tasnee consolidated result cannot be determined at this stage, the statement said.
