China Nuclear Titanium Dioxide and other companies have established a new company with a business in biobased materials.

According to the Enterprise Check APP, recently, Guizhou Zhonghe Phosphating Co., Ltd. was established with a registered capital of 100 million yuan. The legal representative is Yuan Qiuli. The business scope includes: manufacturing of bio-based materials, ore dressing, R&D of key technologies for waste heat power generation, etc. According to the equity penetration displayed on Enterprise Check, the company is jointly held by companies such as CNMC Titanium Dioxide.