PPG Signs Deals with Chinese Firm for Titanium Dioxide

PPG Industries says it has signed a memorandum of understanding with Henan Billions Chemicals (Jiaozuo City, Henan Province, China) by which PPG will license certain chloride-based technologies to Henan Billions for use at Henan Billions’ titanium dioxide (TiO2) refinement facilities in China. PPG has also signed a long-term purchase agreement for TiO2 with Henan Billions. Commercial terms of the deals and license proceeds from Henan Billions to PPG were not disclosed. Henan Billions produces and sells TiO2, zirconium and aluminum sulfate. The company had...

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