Cristal eyes Chinese market with Jiangxi Tikon Titanium Co acquisition
Published: Wednesday, 29 October 2014
Despite a perceived slowdown in the Chinese TiO2 space, this news shows that Cristal – one of the leading producers of the pigment mineral — believes in the future of China as a consumer of TiO2. The question is whether Cristal will bring its know-how to the Jianxi operation, and convert the processing route to create a higher-value TiO2, or retain the operation as it now runs.
Saudi Arabias National Titanium Dioxide Company Ltd.
Cristal) has entered into an agreement to acquire the
titanium dioxide (TiO2) assets of Jiangxi Tikon
Titanium Company Ltd.
The Jiangxi Tikon manufacturing facility is located in the
city of Fuzhou in Jiangxi Province, China. It has a capacity of