reeds gepost ?
Bron in the right vein
AMG picks site in Ohio for new plant
Making good on its announced plan to build a second catalyst recycling plant in the vicinity of its existing plant in Cambridge, OH, AMG Vanadium has purchased a site in Muskingum County’s Washington Township in Southeast Ohio.
AMG also recently received approval from the Ohio Air Quality Development Authority to market $300-million of senior unsecured 30-year tax-exempt bonds to finance construction of the new plant, which is slated to double AMG’s capacity by adding 35,000 mtpy of spent catalyst processing and over 6-million ppy of vanadium production capacity.
The new facility, planned for Eastpointe Business Park in Washington Township, will be similar to AMG Vanadium’s existing plant, which has operated in Cambridge since 1952.
The first phase of construction is expected to begin later this summer and be completed in the second half of 2020. Phase 1 will focus on a raw material storage building and a multiple-hearth roaster.
Overall project completion, including construction of the ferroalloy production facility, is expected in 2021.