Henan Billions revenues and profit fall in Q3

By Albert Li
Published: Wednesday, 04 November 2015

The Chinese TiO2 producer reported a drop in turnover and profit for the quarter despite significantly higher results for the first nine months of the year compared to 2014. The company now aims to position itself as China’s leading domestic supplier of chloride-route TiO2 as the country pushes for greater self-sufficiency in the market.

Chinese chemicals producer Henan Billions Chemicals Co. Ltd has announced a turnover of Chinese renminbi (Rmb) 578m ($91m*) for Q3 2015, 17% lower than the same period in 2014.

The company, China’s biggest exporter of titanium...

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