Market prosperity: Dinglong Group 500,000 tons of chlorinated titanium dioxide project settled in Chongqing

Recently, in Chongqing Lingling District held a centralized signing ceremony, Guangdong Dinglong Industrial Group (here:Dinglong Group) and Lingling District signed an annual output of 500,000 tons of chlorinated titanium dioxide project, this is the first time Dinglong Group will be the titanium industry chain project in Chongqing.
Dinglong Group this year through the capital increase to control Yunnan Titanium Technology to expand the titanium business. It is reported that China Titanium Technology controls the rich resources of Titanium iron ore in Yunnan, the existing mine titanium iron ore mineral volume of 6.06 million tons, magnetite mineral volume of 2.27 million tons, such minerals have high taste, less impurities, easy to select, production environmental protection, low production costs and other advantages, or the production of chlorinated titanium dioxide
It is learned that the project will rely on the Group's enterprises of titanium iron ore resources to obtain a stable, high-quality raw materials supply, so that both at home and abroad have a very strong market competitiveness, the project fully reached its post-partum scale can promote the Lingling District to become China's largest production base of chlorinated titanium dioxide, to create an annual output value of more than 10 billion, annual profits of more than 2 billion, annual tax contribution of more than 1 billion high-quality projects.
In recent months, both the price of titanium dioxide and the price of titanium ore have experienced several rounds of sharp price increases, and the outbreak and duration of the new crown outbreak abroad has affected the production capacity of overseas mines and titanium dioxide to a certain extent. In contrast, the domestic titanium dioxide has become the main force to support the global market demand, the market prosperity is logical. It is against this background that the signing of an annual output of 500,000 tons of chlorinated titanium dioxide project has attracted much attention.