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Stock impact report

China titanium producer Pangang shuts unit as coronavirus cases found [Reuters]

Venator Materials Plc (VNTR)  More Company Research Source: Reuters
Last venator materials plc earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: venatorcorp.com/investor-relations
PDF China titanium producer Pangang shuts unit as coronavirus cases found BEIJING (Reuters) - One of China’s top titanium producers has halted production at its unit in Chongqing after members of staff were found to be infected with the new coronavirus, a local government official said on Friday. Pangang Group Vanadium Titanium and Resources, which produces around 220,000 tonnes per year of titanium dioxide - used as white pigment in paints, paper, plastics and textiles - subsequently put the facility in Chongqing’s Banan district under lockdown, the Banan official said. The municipality of Chongqing in China’s southwest borders the virus epicentre of Hubei province, where the outbreak has so far killed more than 1,300 people. Local media reported that two cases were confirmed on Pangang’s Chongqing premises, on a Banan industrial park, as it “failed to strictly meet ... virus control and prevention after returning to work,” and potentially exposed 131 people. The Banan official said she [Read more]
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