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Sable Chemicals require $200m for gasification plant
NewsDay Staff ·
TA Holdings group on Thursday said it required at least $200 million to replace the old hydro-electrolysis plant at Sable Chemicals.
Speaking during a shareholder briefing in Harare yesterday, company chairperson Shingai Mutasa said the company had recognised that the use of electrolysis to make hydro energy was very costly.
He said as a result the company had approved the switch over to coal gasification technology as a cost-cutting measure.
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