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Sinochem Xinnet News Kuncai Technology announced on December 7 that its wholly-owned subsidiary Zhengtai New Materials plans to invest in the construction of an additional 600,000 tons of titanium dioxide project with an estimated total investment of 3 billion yuan
The construction content of the project is to add an annual output of 600,000 tons of titanium dioxide and 600,000 tons of iron oxide.
Zhengtai New Materials is currently the only company that uses extraction methods to produce high-purity titanium dioxide and iron oxide.