Pangang to Recapitalize Dongfang Titanium for Absolute Holding
On 23 Dec. 2011, Pangang Group Steel Vanadium and Titanium Co., Ltd. (PGVT) announced that its wholly-owned subsidiary Titanium Industrial Corporation of Pangang Group (Pangang Titanium) will add capital and expand shares in Panzhihua Dongfang Titanium Co., Ltd. (Dongfang Titanium) , according to CCM’s January issue of TiO2 China Monthly Report.
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