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. Last Updated: 07/27/2016

Kazakh Smelter Plan

In response to "," Sept. 30.





Editor,


The article from Interfax regarding the Kazakh Aluminum Smelter Plan quoted INTEC with regard to its facility. We would like to clarify several important points.


Bechtel is conducting a feasibility study using Alumax technology for a proposed smelter. The study is to be completed in 1998. Our client Trans-World Group has not decided on the structure of the financing at this point in time, because the feasibility study has not been completed. Therefore any statements that Bechtel or the EBRD are providing funding at this point are inaccurate. Trans-World is committed to building the smelter, if it is proven viable through the feasibility study.


Intec Engineering Corp.








ALMATY, Kazakhstan -- Engineering companies Bechtel and INTEC and international aluminum giant Alumax plan to build a factory to smelt aluminum using electrolysis technology in Pavlodar, northern Kazakhstan.


Hans Boner of INTEC said the plant would take four years to build using money borrowed by Bechtel from the European Bank for Reconstruction and Development and U.S. banks. A design for the plant, which would have the capacity to produce 180,000 tons of primary aluminum, should be ready by the end of this year, he said.


Boner said the electrolysis plant would be the first stage in creating a complex to produce primary aluminum and aluminum products. He said partners had been attracted to Kazakhstan by cheap electricity, alumina and labor.