 Home > Coatings News > Paints and Coatings Market > Longbai Group (002601.SZ) intends to invest 3.5 billion yuan to build 200,000 tons of titanium dioxide chloride and vanadium scandium and other rare metals comprehensive recovery demonstration projects

Longbai Group (002601.SZ) intends to invest 3.5 billion yuan to build 200,000 tons of titanium dioxide chloride and vanadium scandium and other rare metals comprehensive recovery demonstration projects

 Last Update: 2021-11-12
 Source: Internet
 Author: User

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The announcement shows that the project has an annual output of 200,000 tons of high-grade titanium dioxide, 43,000 tons of hydrochloric acid, 100,000 tons of caustic soda, 400 tons of vanadium pentoxide, and 20 tons of scandium oxide; the estimated total investment of the project is 3.

According to the announcement, through the implementation of this project, the company will expand the production capacity of the chlorination process, consolidate the company’s first-mover advantage in the domestic chlorination process titanium dioxide industry, optimize product structure, enhance market competitiveness, and increase market share.
In the future, it will become the company’s new Point of profit growth
.

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