Titan Chemical (002145.SZ) plans to invest 5.538 billion yuan to build a project with an annual production capacity of 400,000 tons of titanium dioxide and 1.4 million tons of ferrous sulfate heptahydrate.

Zhitong Finance APP reported that Titanium Energy Chemical (002145.SZ) announced that it will hold the 14th (temporary) meeting of the 8th Board of Directors on August 11, 2026, to review and approve the proposal on increasing the capital of its holding subsidiary and investing in the construction of a project with an annual production capacity of 400,000 tons of titanium dioxide and 1.4 million tons of ferrous sulfate heptahydrate. The company agrees to increase the capital of its holding subsidiary, Zhonghe Phosphate, by RMB 260 million and to construct the project with an estimated investment amount of 5.538 billion yuan.