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Satyavathi Minerals to set up titanium dioxide plant

Tuesday, 12 Aug 2014
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Satyavathi Minerals & Metals is planning to set up a titanium dioxide plant at Gudimetla village, Chandarlapadu mandal in Krishna district of Andhra Pradesh.


The one lakh tonne per annum capacity plant will be set up with an investment of Rs 1,180 crore. The raw material, illmenite, will be sourced from Chattarpur, in Odisha. Titanium dioxide has extensive use in chemicals, paints and varnish; paper & plastics; printing inks, and rubber industries.


The public hearing for setting up the titanium dioxide plant was completed last week and the project is likely to be executed in two years.


Satyavathi Minerals is also establishing a Bio Lifesciences firm to manufacture nutraceuticals in the same area. The completely export oriented unit will be set up with an investment of Rs 20 crore and is expected to be ready in a couple of months.

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