Lubei Chemical plans to invest in the construction of a co-production titanium dioxide project with an annual output of 200,000 tons

In order to increase the company's titanium dioxide production capacity, increase the company's titanium dioxide market share, enhance product competitiveness and profitability, and improve the company's titanium dioxide industry strategic layout, Shandong Yuanhai New Materials Technology Co., Ltd.(hereinafter referred to as "Jinhai Titanium Industry"), a wholly-owned subsidiary of Shandong Lubei Chemical Co., Ltd.(hereinafter referred to as "Lubei Chemical" or "Company"), Shandong Yuanhai New Materials Technology Co., Ltd.(hereinafter referred to as "Yuanhai Technology") plans to invest in the construction of a green production project of co-production titanium dioxide with an annual output of 200,000 tons.

The project is constructed in two phases. The first phase will build 100,000 tons of titanium dioxide, 100,000 tons of artificial rutile, 400,000 tons of ferrous sulfate, and 500,000 tons of polyferric sulfate devices. The main products are titanium dioxide, polyferric sulfate, and artificial rutile. The by-product is ferrous sulfate. The second phase will also build 100,000 tons of titanium dioxide, 100,000 tons of artificial rutile, 400,000 tons of ferrous sulfate, and 500,000 tons of polyferric sulfate devices. The main products are titanium dioxide, polyferric sulfate, artificial rutile. The by-product is ferrous sulfate. After the project is fully completed, it will reach an annual output of 200,000 tons of titanium dioxide, 200,000 tons of artificial rutile, 800,000 tons of ferrous sulfate, and 1 million tons of polymeric ferric sulfate.