Astron hits 100 million tons of titanium dioxide project settled in Liaoning

On January 22nd, Australia Astron Limited and Liaoning (Yingkou) Coastal Industrial Base "Invested 400,000 tons of titanium dioxide and related products" were signed in Shenyang.
The total investment of the project is 1 billion U.S. dollars, of which fixed assets investment is 800 million U.S. dollars and circulating funds are 200 million U.S. dollars; of which, one phase of investment is 120 million U.S. dollars and it is planned to be completed by the end of 2009. After all the projects are completed, they will produce 400,000 tons of titanium dioxide, 60,000 tons of zirconium oxychloride, 15,000 tons of fumed carbon black, 10,000 tons of titanium alloys and 5,000 tons of zirconium metal. The project's production technology, technology and product quality are at the advanced level in the world, and the level of environmental protection treatment has reached the domestic advanced level.
Representatives from Australia Astron Ltd., Acting Governor of Liaoning Province Chen Zhenggao, Deputy Governor Li Wancai, relevant leaders of Liaoning Province and Yingkou City and relevant personnel of Liaoning (Yingkou) Coastal Industrial Base Administrative Committee.