The leading producer and exporter of Anatase grade Titanium Dioxide, VV Titanium Pigments, a part of VV Group, is planning to invest Rs.1000 million into a Coated Rutile Plant. This expansion is a part of its strategy to widen the industry.
This is one of the largest investments made by any private entity exclusively for meeting the demand of discerning Indian Tio2 consumers. The Coated rutile plant is expected to be operational by 2016 first quarter.
The state-of-the-art plant will be environmentally sustainable as there will be less dependence on water, following the company’s motto of keeping a environmentally friendly sustainable plant. This is its second huge foray into the industry after VV Group acquired Kilburn Chemicals, currently known as V V Titanium Pigments at Tuticorin.
The new plant will cater exclusively to the Indian market and will be beneficial to the indigenous paints and plastic industry that depends on exports from China, Japan and western countries.
VV Minerals is the leading company that indulges in heavy mineral mining in Tuticorin is VV Minerals India. They are India’s biggest mining, manufacturers and exporters of Garnet. They have been awarded as the ‘Number One Garnet Exporters’ of our country. They also undertake Zircon Mining, Rutile Mining and Ilmenite Mining.
No comments:
Post a Comment