PPG has signed an expanded multi-year titanium dioxide supply agreement with Lomon Billions. Lomon Billions will supply additional TiO2 from existing capacity and from new capacity expected online in 2019.
PPG agreed to extend and expand its supply deal with Lomon Billions for titanium dioxide. The announcement was made on 28 November 2018.
PPG and Lomon Billions announced an expanded, multi-year titanium dioxide supply agreement. Lomon Billions will supply additional TiO2 from existing capacity and from new capacity expected online in 2019.
Lomon Billions plans to invest around CNY1.8 billion (€235 million) to construct two additional chloride-route TiO2 pigment manufacturing lines at its existing site in Jiaozuo, Henan province, adding about 200,000 tonnes per annum of capacity.
Lomon Billions approved a ¥1.8 billion ($285 million) investment to build two new chloride titanium dioxide manufacturing lines at its existing site in Jiaozuo, Henan Province, China, adding 200,000 tons of annual capacity. Commercial production is expected in 2019.
| Site | Largest | Latest |
|---|---|---|
| Jiaozuo, China | $285.0M | 2018-05-01 |