Lomon Billions invests US$285M in additional chloride titanium dioxide pigment production in Henan Province, China

The Board of Directors at Lomon Billions has approved an estimated CYN1.8bn (approx US$285M) 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 200,000t.

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.