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Lubei Chemical: The subsidiary Jinhai Titanium Artificial Rutile Project is actively under construction as planned

daily economic news
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May 29, 2023, 11:27 AM

Some investors asked on the investor interactive platform: Hello, I saw news that the company's 300,000-ton artificial ruby project, the first phase of which is expected to be put into operation in June, and plans to make chlorinated titanium dioxide raw materials. How is the progress? Is it going to be put into production soon? What is the gross profit margin? So if it reaches the market, can Xianghai Titanium Industry achieve a turnaround and profit? What is the yield on all 300,000 tons put into production?

Lubei Chemical (600727.SH) stated on the investor interactive platform on May 24 that the company's subsidiary Jinhai Titanium Artificial Rutile Project is actively under construction as planned, and there is no detailed gross profit margin and yield and other relevant data yet.