Ukraine’s TiO2 industry buckles under pressure
Published: Saturday, 26 September 2015
Weakness in the domestic economy, international sanctions against Crimean companies following Russian annexation and poor demand for feedstocks has pushed Ukrainian TiO2 to the edge, Vladislav Vorotnikov, IM Correspondent, discovers.
Ukraine could lose a chunk of its titanium oxide
(TiO2) production capacity, as some of the
country’s largest manufacturers teeter on the
verge of bankruptcy.
According to industry sources, some Ukrainian pigment
producers may halt operations within months. Crimea Titan PJSC
(now trading as Ukrainian Chemical Products),