Business news from Ukraine

UKRAINE’S VELTA RD TITAN WORKING ON NEW TECHNOLOGIES FOR PROCESSING TITANIUM RAW MATERIALS

11 October , 2017  

KYIV. Oct 11 (Interfax-Ukraine) – Velta RD Titan, founded by Ukraine’s RD Titan Group and Velta Group Global, is developing an innovative method for the production of titanium dioxide i-TiO2, which will be an alternative to sulphate and chloride methods for getting pigment-grade titanium dioxide, which was discovered in the 20th century.
The Dnipro-based Velta production and commercial company said in a press release on Monday that Ukraine’s Velta RD Titan had presented the development of the new method as part of the TiO2 World Summit in Spain.
It notes that Velta RD Titan sees the potential of pigment dioxide as one of the important materials for the industrial revolution 4.0. White pigment is the basis for the production of paint and varnish, film materials, plastics, artificial leather, and a number of new developments.
“During the rapid technological development, more and more innovators pay attention to TiO2 products, but for the explosive growth of this material it is necessary to significantly reduce the cost of production. Our developments will reduce the cost and therefore expand the use of titanium products in both classical and innovative markets,” the company’s press service quoted Andriy Honchar, deputy director general and technical director at Velta RD Titan, as saying.
In addition, the statement notes that one of the mandatory criteria for i-TiO2 is maximum environmental friendliness in production.
The development plan with further approbation is designed for three years.