Lomon Billions to lease zirconium oxychloride and zirconium dioxide production lines to Orient Zirconia
2020-05-19 15:27:39 [Print]
Lomon Billions announced on May 18th that it will lease its zirconium oxychloride and zirconium dioxide production lines, including workshops, equipment and devices, to Orient Zirconia in order to focus on its main business and further solve the problem of competition in the industry as the first largest shareholder of the latter. The lease will last five years and the annual rent will be RMB5 million (USD 703,472 ) tax excluded.
Lomon Billions owns one zirconium oxychloride production line and one zirconium dioxide production line. In particular, the zirconium oxychloride production line has a designed annual production capacity of 16,000t and the zirconium dioxide production line has a designed production capacity of 1,600t. The two production lines were constructed in September 2020 and put into operation in December 2011, both keeping normal operation at the moment.
Lomon Billions owns one zirconium oxychloride production line and one zirconium dioxide production line. In particular, the zirconium oxychloride production line has a designed annual production capacity of 16,000t and the zirconium dioxide production line has a designed production capacity of 1,600t. The two production lines were constructed in September 2020 and put into operation in December 2011, both keeping normal operation at the moment.
Zirconium Oxychloride Zr(Hf)O2 36%min EXW China
Unit:RMB/mt
China zirconium oxychloride producers' sales to production ratio statistics by province by month
Unit: %
