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PPG Announces TiO2 Deal Expansion

Thursday, November 29, 2018

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Global coatings company PPG (Pittsburgh) announced on Tuesday (Nov. 27) that it has expanded a multi-year titanium-dioxide supply agreement with pigment manufacturer Lomon Billions (Jiaozuo City, China).

Under the agreement, Lomon Billions will supply additional quantities of chloride- and sulfate-based TiO2 to PPG from its 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 and is expected to be on line in 2019, according to the company.

Getty Images / jfarleyphoto

Global coatings company PPG (Pittsburgh) announced on Tuesday (Nov. 27) that it has expanded a multi-year titanium-dioxide supply agreement with pigment manufacturer Lomon Billions.

Financial terms of the agreement were not disclosed.

“Over the past six years, Lomon Billions has been an excellent partner as the company has become the fourth largest global supplier of TiO2,” said Tim Knavish, PPG senior vice president, who oversees PPG’s global supply management function.

“This multi-year expansion of our supply agreement is a reflection of our continued confidence in the growing capability of Lomon Billions and their commitment to make ongoing investments in additional TiO2 manufacturing capacity. We look forward to continuing our work with Lomon Billions.”

TiO2 is widely used by PPG in its paints and coatings, acting as a pigment to provide hiding, durability and whiteness characteristics.

Lomon Billions manufactures high-performance TiO2 using both chloride and sulfate processes and has an annual production capacity of more than 700,000 tons.

“As Lomon Billions continues its growth through investing in innovative manufacturing of chloride- and sulfate-based TiO2, PPG has been one of our most important partners,” said Ruiqing Tan, Vice Chairman of Lomon Billions, who oversees the company’s supply and sales functions.

“This multi-year expansion agreement will create additional value for both companies. We look forward to continuing our partnership with PPG.”


Tagged categories: AF; AS; Asia Pacific; Business matters; EMEA (Europe, Middle East and Africa); EU; High-performance coatings; Latin America; NA; North America; OC; Pigments; PPG; Program/Project Management; SA; Titanium dioxide

Comment from Chad Laubenthal, (11/29/2018, 8:31 AM)

More work for China.

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