15 December, 2023 13:33:25 IST 
Draslovka a.s., a leading speciality chemical products and services company headquartered in the Czech Republic, is seeking to partner with a caustic soda producer to build a production facility at its existing site in Memphis, Tennessee using existing plant infrastructure.
Draslovka has further said that it is in advanced discussions with producers of caustic and chlor-alkali derivatives, including Spolchemie and several other international businesses.
Caustic soda is used in the production of Glycine Leaching Technology (GLT), Draslovka’s proprietary leaching solution that offers substantive cost and sustainability benefits in the process of leaching metals from certain ores (including gold, nickel, cobalt and copper). Caustic soda is also used to produce sodium cyanide, the company’s market-leading product that is used by the majority of the gold industry for processing.
As the market dynamics of caustic soda pricing can be volatile and US-sourced caustic soda is significantly more expensive than caustic soda from Asia and Australia, the move will allow Draslovka to significantly reduce its costs and improve competitive power. Own production will also give the company enhanced control of its supply chain.
