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VV Titanium Pigments Plans To Invest Rs 100 Cr In New Plant

Date post: 30-Dec-2015
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V.V. Titanium Pigments ( a part of VV Minerals, India), a leading producer and exporter of Anatase grade Titanium Dioxide is planning to invest Rs.1000 million as a part of its expansion strategy into a Coated Rutile Plant in Tuticorin. The owner of VV Minerals, Vaikundarajan believes that this is the 2nd time when they have forayed into value–addition of Heavy Mineral Mining with a capacity of 15000 MTPA Tio2. - PowerPoint PPT Presentation
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VV Titanium Pigments Plans To Invest Rs 100 Cr In New Plant
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VV Titanium Pigments Plans To Invest Rs 100 Cr In New Plant

•V.V. Titanium Pigments (VV Minerals India), a leading producer and exporter of Anatase grade Titanium Dioxide is planning to invest Rs.1000 million as a part of its expansion strategy into a Coated Rutile Plant•This is the second time when VV Minerals has forayed into value–addition of Heavy Mineral Mining with a capacity of 15000 MTPA Tio2. •As a part of this project, India Infoline quoted that VVTi has successfully launched Basic rutile by 10 Dec 2014http://vvmineralblog.word

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• Business Standard stated that It is the second big project for the VV Minerals• The company estimates the project would result in a foreign exchange saving of Rs 2500 million per annum• V Subramanian, managing director of VV Minerals, India and the son of Mr.Vaikundarajan, said the project would lead to commercial production of rutile titanium dioxide

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• The Coated rutile plant is expected to be operational by 2016 first quarter. This is the second time when V V Minerals India has forayed into value–addition of Heavy Mineral Mining with a capacity of 15000 MTPA Tio2

• As a part of this project, V V Mineral has successfully launched Basic rutile by Decemer 10, 2014

http://vvmineralmining.wordpress.com

The Financial Express Stated that, the Group is planning to capture a sizeable TiO2 market given the enormous potential of mineral resources in India. The demand for TiO2 in India is about 3,00,000 mtpa but the country produces only 60,000 mtpa Indian import of TiO2 comprises 74% of Rutile grade of total imports as of October 2014

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According to THE NEW INDIA EXPRESS the plant when operational would provide direct employment to more than 200 people and indirectly benefit over 5,000 people The plant is slated to be the next big project after VV group acquired Kilburn Chemicals, currently known as V V Titanium Pigments at Thoothukudi, which produces titanium dioxide from ilmenite says , Vaikundarajan.

http://vvmineralmining.blogspot.in

With safety, health and environment protection high on its corporate agenda, V V Mineral, an IMS CERTIFIED COMPANY, is committed to conduct business with a strong environment conscience, so as to ensure sustainable development, safe work places and enrichment of the quality of life of its employees, customers and the community.

http://vvmineralblog.wordpress.com

• APNNEWS Stated With this launch, VVTI planning to capture a sizeable TiO2 market given the enormous potential of mineral resources in India • The demand for TiO2 in India is about 3,00,000 mtpa but the country produces only 60,000 mtpa. Indian import of TiO2 comprises 74% of Rutile grade of total imports as of October 2014 http://vvmineral.wordpr

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THANK YOU


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