A memorandum of understanding (MOU) has been inked between PPG Industries and Henan Billions Chemicals (Billions). According to the MOU, certain chloride-based technologies of PPG will be licensed to Billions.
These technologies will be deployed at the titanium dioxide (TiO2) refinement plants of Billions, located in China. Additionally, PPG and Billions have entered into a long-term purchase contract for titanium dioxide.
PPG has planned to utilize Billions’ chloride-based titanium dioxide for different end-use applications, which also includes paints and other coatings. This TiO2 can be commercialized to third parties.
According to PPG’s Vice President and Chief Technology Officer, coatings research and development, Charles F. Kahle II, this agreement has evidenced about the commitment of PPG to use the existing capability in order to extend and obtain supply of titanium dioxide across the world.
PPG was formerly utilizing the chloride process to manufacture titanium dioxide at its chemicals plant in Natrium and marketed pigment of titanium dioxide for end-use and coating applications. The coatings and paint industry extensively uses titanium dioxide, a raw material, as a pigment to offer durability, hiding and whiteness characteristics.
Henan Billions Chemicals manufactures and commercializes aluminium sulfate, titanium dioxide and zirconium. It is situated in Jiaozuo City, Henan Province, China. PPG industries is a coatings and specialty products company based in Pittsburgh.
Source: http://www.ppg.com/