Resumen de Group DF investments continue
Existing capacity at TITAN will also be increased to 120,000 tpa TiO 2 from its current capacity of 40,000 tpa, while the new plant will begin production at 80,000 tpa and ramp up to the full 120,000 tpa rate.
"We are starting the construction of this new facility already this year, and by 2015 we will have invested around $300m in this project," said [Dmitri Firtash]. "Our plan is to produce 240,000 tpa at Crimea TITAN, which is around 4% of the global market," he added.
"Our investment program envisages construction of two new productions. The first one is titanium slag production with the capacity of 150,000 tpa. The second one is titanium sponge production with the capacity of 40,000 tpa (phase one to produce 20,000 tpa, phase two to produce a further 20,000 tonnes). In this way we'll strengthen Ukraine's positions on the global titanium markets," Firtash said at the time.
