9 Aug '10
The Czech Export Bank intends to invest $200m building a complex to produce titanium oxide in Chelyabinsk region, news agency Uralpress reports.
The line to produce titanium oxide is reportedly to be installed at Medvedyovsky Ore and Mining Factory, located at the border of Kusinsky district and Zlatoust town.
Under plans, the project is to create up to 3,000 jobs.
Further parameters for the project, including its timeframes, have yet to be disclosed.