Titanium dioxide

DuPont is to invest $1 billion to construct a titanium dioxide plant in the city of Dongying in China once it gains the relevant approvals from the Chinese Government. Titanium dioxide is a white pigment widely used in the coatings, plastics and paper industries.

The plant will be wholly owned by DuPont and will be the company’s largest single investment project outside the US.

With a planned completion date of 2010, the plant will have an initial annual capacity of 200 thousand tons of titanium dioxide and will employ approximately 350 workers.

The project, along with other investments in Shanghai, Shenzhen and Changsu, forms part of DuPont’s strategy of doubling its investment in China by 2010.