The Lomon-Henan Billions merger, which was confirmed last week, will not only make Henan Billions by far the largest TiO2 producer in China, but will also help the company become even more competitive in an industry where marrying quality with low cost is key to gaining market share.
By Dominic Morgan, CCM*
Chinese titanium dioxide (TiO2) producers Henan Billions Chemicals Co. and Sichuan Lomon Titanium Industry Co. last week announced their intention to merge into what many in the industry expect to become a flagship enterprise for the global titanium pigments market.
The deal, which was officially announced...