Tag: LB GROUP

LB GROUP GLIMPSE

LB Group Accelerates Global Expansion with Major UK Acquisition and New Overseas Subsidiaries

ETIO2Leave a Comment on LB Group Accelerates Global Expansion with Major UK Acquisition and New Overseas Subsidiaries

LB Group, one of China’s leading titanium dioxide producers, has announced a series of significant overseas expansion moves, underscoring its determination to advance its global industrial footprint and enhance international competitiveness. On the evening of October 16, the company disclosed that its European subsidiary, Billions Europe, has reached an agreement to acquire titanium dioxide–related assets […]

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LB Group Aerial view

LB Group Signs Agreement to Acquire Venator’s Greatham TiO₂ Assets in the UK

LB GROUPLeave a Comment on LB Group Signs Agreement to Acquire Venator’s Greatham TiO₂ Assets in the UK

LB Group Co., Ltd. (“LB Group”) and Venator Materials UK Ltd. (“Venator”) have signed an asset acquisition agreement for the purchase of Venator’s titanium dioxide (TiO₂) production facility and related TiO₂ assets in Greatham, UK. The completion of this transaction is subject to regulatory approvals and customary closing conditions. Ms. Xu Ran, Vice Chairwoman of […]

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titanium dioxide manufacturer performance

Titanium Dioxide Giant Struggles Under ¥6 Billion Goodwill, Launches Urgent Buyback Amid Three-Year Slump

He Yihua, Li Weilai (China Times)Leave a Comment on Titanium Dioxide Giant Struggles Under ¥6 Billion Goodwill, Launches Urgent Buyback Amid Three-Year Slump

Recently, LB Group released its 2024 annual report, revealing its worst performance in eight years. During the reporting period, the company recorded operating revenue of RMB 27.539 billion, up 2.80% year-on-year, while net profit fell by 32.79% to RMB 2.169 billion. In the first quarter of 2025, net profit stood at RMB 686 million, marking […]

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LB GROUP-STOCK

LB Group Plunges to Limit Down, Company Cites “Potential EU Tariff Issue” as Reason

21st Century Business Herald, Dong PengLeave a Comment on LB Group Plunges to Limit Down, Company Cites “Potential EU Tariff Issue” as Reason

On the morning of June 14th, the stock price of Lomon Billions Group (002601.SZ) plummeted and hit the lower limit, with a drop of nearly 9% by the noon close. This decline far exceeded other titanium dioxide producers such as Anada (092136.SZ) and CNNC Hua Yuan Titanium Dioxide (002145.SZ), whose fluctuations did not exceed 2%. […]

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