PPG Industries says it has entered into a technical
collaboration agreement with Montreal-based Argex Mining to
utilize PPGs existing technology and know-how relating to
the manufacture of titanium dioxide (TiO2) pigment for paints
and coatings applications.
The TiO2 is intended to be compatible with various end-use
applications for PPG and would be produced by Argex. Terms were
PPG and Argex plan to combine efforts with the goal of
developing a titanium dioxide product that can meet
conventional standards for interior and exterior paint
applications, said Charles F. Kahle II, PPG chief technology officer and vice
president, research and development, coatings.
This strategic initiative offers PPG the opportunity to
leverage our expertise and secure an enhanced supply of this
critical raw material. Volatile pricing for titanium dioxide
continues to be an important issue for the company.
PPGs decision to collaborate closely with Argex
as both a technical and commercial partner is a further
validation of our process and the suitability of the Argex TiO2
pigment for commercial use, said Roy Bonnell, Argex
PPGs involvement will assist Argex greatly in
our stated goal to advance rapidly to production.
The agreement provides for the negotiation of a purchase and
supply agreement between Argex and PPG based on the successful
development of the treatment technologies, the companies
Both companies have agreed to certain terms of mutual
exclusivity during the negotiation period.
PPG previously manufactured titanium dioxide using the
chloride process at its chemicals plant in Natrium, W.Va., and
sold titanium dioxide pigment for coatings and other end-use
Titanium dioxide is a raw material widely used in the paint
and coatings industry as pigment for its hiding, durability and