Titanium Investments LLC, previously Crimean Titanium, situated in the Russia-annexed Crimea, intends to start constructing a new titanium dioxide shop valued at 31.2 billion rubles in 2020.
According to the program of Crimea development, designed by the occupational authorities, the capacity of the shop will be 80+40 thousand tons per year.
Titanium Investments (Moscow) was registered in June 2014, and the same year it was given assets of Crimean Titanium in long-term lease.
At the same time the private JSC Crimean Titanium was reregistered in Kiev in 2014, and later renamed into Ukrainian Chemical Products. (Ukrainian metal)