LB Group invests in titanium dioxide manufacturing capacity
The Board of Directors at LB Group has approved new investments in the company’s manufacturing capacity in China.
As the company announces, RMB 1 billion (EUR 138 million) will be invested at Xiangyang site in the construction of a new 200ktpa titanium dioxide (TiO2) pigment finishing plant.
New titanium dioxide pigment finishing plant
Two TiO2 pigment finishing lines will be built, each with the ability to process 100ktpa TiO2 pigment intermediate product. Titanium dioxide pigment is widely used in the manufacture of paints, plastics, printing inks and paper.
