DuPont to Construct TiO2 Plant in China
DuPont and the city of Dongying, China, signed a project agreement in late November for the construction of a titanium dioxide (TiO2) plant, which represents a $1 billion investment by DuPont into the city. Titanium dioxide is a white pigment widely used in the plastics, coatings, and paper industries. The sum of $1 billion includes an initial DuPont investment, integrated suppliers to the plant and facilities installed by the city, and expansion plans. The plant, to be wholly owned by DuPont, is expected to be complete by 2010 and have an initial annual capacity of about 200,000 tons of TiO2. DuPontâ€™s investment into the TiO2 plant represents the largest single investment it has made outside the United States.