Commencement of Investment Activities strengthens RBIDZ's confidence

NYAZ

Commencement of investment activities strengthens RBIDZ's confidence

The Richards Bay Industrial Development Zone (RBIDZ) boasts award-winning, state-of-the-art infrastructure that aims to encourage international competitiveness and attract investments into its estates.

World-class infrastructure geared for investors

The RBIDZ’s own investment in its world-class infrastructure is worth more than R900 million. The two fully developed estates - Phase 1A and Phase 1F - are well equipped to accommodate investments for light manufacturing industries as well as general and heavy manufacturing industries. Both estates are fully serviced and declared Customs Control Areas, with 24-hour security and surveillance.

A giant investment project has recently commenced construction in the RBIDZ; a multi-billion titanium beneficiation plant in Phase 1F.

It is expected that this will revive investor confidence and position the RBIDZ as an ideal investment destination that is a strategically positioned along the deep-sea waters of the Port of Richards Bay.

Construction takes off for the R4.5-BiLLion chemical manufacturing plant at Phase 1f estate

Nyanza Light Metals investment paves way for the ‘Titanium Capital’

Nyanza Light Metals (Pty) Ltd, a leading chemical manufacturing company with its headquarters in Gauteng, will be accommodated in Phase 1F of the RBIDZ. Nyanza Light Metals was established in 2011 by Johannesburg-based private equity company, Arkein Industrial holdings, for the purpose of exploiting the Witbank slag resource. Nyanza Light Metals is now developing a R4.5-billion titanium beneficiation plant in the RBIDZ that will produce titanium dioxide pigment and other nano titanium-related products from titaniferous slag.

The project will be rolled-out in two phases. The first phase is the construction of the Technical Services Centre (TSC) with an investment value of R130 million. The duration of the construction of the TSC is anticipated to be eight months. The TSC will operate for a year to allow the completion of the bankable feasibility study for the main commercial plant. It is expected to employ about 100 people during its construction phase and create an estimated 60 permanent jobs post-construction.

The second phase is the main production plant, which accounts for R4.3bn of the investment value. At peak production, the plant will produce more than 80 000 tons of titanium dioxide (TiO2) pigment per annum. This pigment is used in paints and plastics, cosmetics, inks, dyes and other every day products. This final stage of the project will account for 280 permanent jobs as well as more than 1 200 construction jobs, and will take three years to construct.

The recent appointment of Grinaker-LTA (G-LTA) as the company that will design and construct the top structure of the Nyanza Light Metals TSC plant heralds the start of this unique and significant project – one which will enhance Richards Bays’ position as the “Titanium Capital” of the Africa.

G-LTA is a pioneering multi-disciplinary construction and engineering company with a high performance and efficient delivery track record, having won various awards in the construction and engineering sector. 

G-LTA delivers its exceptional capabilities in the following global sectors: civil engineering, building construction as well as mechanical and electrical engineering.

It is a condition of the contract that G-LTA will sub-contract a proportion of the work to sub-contractors in the region with the necessary skills and experience to participate in the project.

Moreover, Nyanza Light Metals has also secured a 10 MW deal with Distributed Power Africa (DPA) to deploy a solar energy solution at its titanium minerals processing and chemicals manufacturing plant. DPA will engineer, finance and construct a solar energy solution for Nyanza in a phased power lease agreement, with the first megawatt projected to be deployed in January 2021. Overall, the entire chemical plant has a total energy requirement of 22 MW once fully operational.

About RBIDZ

The RBIDZ is an organisation made up of real people, with a real dedication, and passion to effect real change in South Africa. This commitment and energy is apparent in all dealings with not only each other but with potential investors too.

© 2021, RBIDZ. Powered By TTECH

Subscribe to our Newsletter

RBIDZ OFFICE COMPLEX
4 Harbour Arterial, ALTON,
Richards Bay, 3900

Phone: +27 35 797 2600
E-Mail: info@rbidz.co.za

Search