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    Home > Coatings News > Pigment and Filler News > China Nuclear Titanium White intends to invest 6 billion yuan to build the world's largest single titanium dioxide production base.

    China Nuclear Titanium White intends to invest 6 billion yuan to build the world's largest single titanium dioxide production base.

    • Last Update: 2020-10-05
    • Source: Internet
    • Author: User
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    On the evening of August 19, China Nuclear Titanium White announced that in order to achieve the company's "three over 100 projects" (i.e., sales revenue of more than 10 billion, net assets of more than 10 billion tons, titanium dioxide annual production capacity of more than one million tons) of the target, the company signed a "project construction cooperation agreement" with the Silver City People's Government on August 19, plans to build a phased construction model of 500,000 tons of clean production process resources integrated utilization project, the total investment is expected to be 6 billion yuan.
    it is learned that the project is divided into three stages, of which, the first phase of 100,000 tons has been completed and put into operation, forming an asset size of about 2 billion yuan; The project is expected to complete all investment projects during the 14th Five-Year

    .
    signing ceremony, China Nuclear Titanium also signed the Framework Agreement on All-Round Cooperation with Silver Colored. The agreement shows that the two sides rely on their own management, capital, technology, products, services, talent and other advantageous resources, focusing on sulfuric acid supply, logistics and transportation, production and domestic water supply and other business areas of cooperation. In terms of business cooperation, the two sides will gradually expand into the silver non-colored business areas, and strive to establish a long-term stable supply and demand relationship. China Nuclear Titanium said that the signing of the agreement will promote the formation of complementary integration of the two advantages of resources and resource sharing, is conducive to improving the company's industrial integration capacity, help to further reduce the company's main products production costs, promote the company's main products market competitiveness.
    In addition, China Nuclear Titanium White and China Construction Bank Gansu Branch, Zhejiang Commercial Bank Lanzhou Branch signed the Strategic Cooperation Agreement, China Construction Bank Gansu Branch, Zhejiang Commercial Bank Lanzhou Branch will provide China Nuclear Titanium White with an intentional comprehensive credit line of 4 billion yuan, 3 billion yuan, respectively, for the long-term development of China Nuclear Titanium White to provide adequate financial security.
    it is learned that the nuclear titanium white 500,000 tons of clean production process integrated utilization project completed, marking the world's largest single production base of titanium dioxide in the silver market was born.
    .
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