Lomon Billions expands chloride titanium dioxide pigment production capacity
Lomon Billions invests more than EUR 230 millions in additional chloride titanium dioxide pigment production capacity at its chloride production site in Jiaozuo, Henan Province, China.
The Board of Directors at Lomon Billions has approved an estimated CYN 1.8 billion (~230.587.632.000 EUR) investment in the construction of two new chloride TiO2 manufacturing lines at its existing chloride production site in Jiaozuo, Henan Province, China. The two new lines will provide an additional annual chloride TiO2 pigment capacity of around 200,000 tons.
Commercial production start in 2019
Feasibility and engineering studies and extensive preapproval works have already been completed and all external approvals are in place. Commercial production from the new lines is expected during 2019. This investment in additional chloride capacity will allow Lomon Billions to increase its chloride TiO2 pigment portfolio to manufacture more high-performance chloride TiO2 pigments for a wider range of applications and will strengthen the company’s global competitiveness.
