China is estimated to be the world's fastest growing market for TiO2, with demand pegged at almost 800,000 metric tpa. Domestic Chinese production of about 500,000 tpa can meet barely 60% of this demand. To meet this growing demand, Dupont is planning its largest investment ever outside the U.S. of US$1 billion for a titanium dioxide complex in China.
Negotiations have yielded a project agreement between DuPont and city officials of Dongying, for a 200,000 tpa TiO2 plant followed by a second TiO2 line. Pending further negotiations and government approvals, construction is set to begin in 2007 and be completed three years later.
Recent DuPont investments in China include an ethylene copolymer plant in Shenzhen, an R&D center in Shanghai, and a fluorochemicals plant in Changshu.
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}