MOSCOW (MRC) - "Crimean Titan", a subsiduary of Group DF, which belongs to Dmitry Firtash, in 2014 produced 101,000 tonnes of titanium dioxide, according to the press service of the Group DF.
The company managed to keep the production of titanium dioxide at the level of the previous year. A record high production was seen in the third quarter, when the company produced 27,100 tonnes of titanium dioxide.
"Given the general global recession in the chemical industry the company has kept steady the production of its key product - titanium dioxide. Despite the challenges we faced in 2014, we were able to keep the plant operational, and fully loaded our plant. The company has solved the problems with the production, delivery and sales. We fulfill all contracts conditions. We continue to systematically upgrade the our production equipment", - said chairman of the company Sergey Kosenko. He noted that the strategic direction of the enterprise is the realization of a unique, long-term and significant in all aspects the project "Titan-3 ".
The "Titan-3" - the construction of a third workshop for the production of titanium dioxide by the sulphate process. The output of the new workshop is presented as 80 + 40, of which 80,000 tonnes are completely new capacities, 40,000 tonnes - calcifications workshop "Titan -1 ", which will be processed into new brands. At the same time high quality and additional production volumes of the new product will expand the geography of sales, improving the company's position in the global market.
As MRC reported earlier, "Crimean Titan" facing closure due to lack of water. The plant is currently has switch into a saving mode.
Private Joint Stock Company "Crimean Titan" was founded August 31, 2004. 100% of the shares owned by Ostchem Germany GmbH, a member of the Group DF. The main activity of PJSC "Crimean Titan" - the production of titanium dioxide, which is used in paint, rubber industry, in the production of plastics and many other industries. Brands: "Crimean Titan", Crimea TITAN.
MRC