DKSH cooperates with TNG to exclusively market titanium dioxide

News Raw materials

Swiss company DKSH and Australian stock listed resources company TNG have signed a term sheet encompassing the full distribution on a global and exclusive basis for TNG’s titanium dioxide (TiO₂) production.

DKSH is expected to distribute TNG's titanium dioxide (TiO2) production on a global and exclusive basis. Source: Jag_cz – stock.adobe.com. -

DKSH’s Business Unit Performance Materials, an ingredients and specialty chemicals distributor, will provide a full range of Market Expansion Services, including marketing and sales, distribution and logistics as well as technical support for TNG’s high purity TiO₂ on a life-of-mine basis from its flagship Mount Peake Vanadium-Titanium-Iron Project, located in Australia’s Northern Territory.

Annual TiO₂ capacity up to 150,000 tons

The two companies signed a term-sheet for a TiO₂ capacity up to 150,000 tons per year. DKSH will distribute the TiO₂ to the coatings industry globally, excluding the Iberian Peninsula and Nordic countries. DKSH and TNG have agreed to move towards a Binding Off-take Agreement reflecting the key points set forth in the term sheet.