MONTREAL, Quebec – Argex Titanium Inc. has established a fully comprehensive research and development (R&D) center at its facility in Salaberry-de-Valleyfield (Valleyfield), Quebec, the planned site of its first industrial-sized titanium dioxide (TiO2) plant.
With all of its production and R&D operations merged at a single site, Argex expects to achieve significant cost savings and benefit from the Quebec government’s tax credit regime for its R&D initiatives.
Argex will relocate the operation of its current test facility in Mississauga, Ontario, to the Valleyfield location, where it will serve as a training tool for the future operators of the new plant. Argex intends to increase significantly the stated TiO2 production capacity of the pilot plant, which should translate into both significant cost savings for sample production and expedited production times to better serve Argex’s potential customers and collaboration partners.