PPG expands titanium dioxide supply deal with Lomon Billions
American coatings major, PPG, has inked an expanded, multi-year titanium-dioxide (TiO2) supply agreement with Chinese titanium-dioxide producer, Lomon Billions.
TiO2 is an important raw material widely used by PPG and other paint and coatings manufacturers as a pigment to provide hiding, durability and whiteness characteristics.
Under the deal, Lomon Billions will supply additional quantities of chloride- and sulphate-based TiO2 to PPG from Lomon Billions’ existing manufacturing capacity. In addition, PPG has committed to purchasing additional supplies of chloride-based TiO2 from new manufacturing capacity that is currently being constructed by Lomon Billions and is expected to be on line in 2019. Commercial terms of the agreement were not disclosed.
Lomon Billions manufactures TiO2 pigment using both the chloride and sulphate process. It currently has a total production capacity of over 700,000-tpa and is ranked fourth in the world and first in Asia in terms of TiO2 pigment production capacity.
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