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Titanium dioxide (TiO₂) is a naturally occurring mineral that is mined from the earth, processed and refined, and added to a variety of foods, as well as other consumer products. White in color, it is used to enhance the color and sheen of certain foods and is also key for food safety applications. In its natural state it exists in different bulk crystalline forms, such as anatase and rutile, but during processing it is ground into a very fine powder.

Pigment grade titanium dioxide is produced at a much larger particle size than nano grade. It is used as a colourant to whiten and brighten product formulations. Nano grade titanium dioxide is manufactured into very fine (nano) particles and is transparent and colourless. It is commonly used in sunscreens to provide effective protection from potentially harmful UV rays.

New adjustments have been announced for tariff rates, which will benefit the chemical industry in China in particular, due to decreased import and export tariffs for several chemicals. The export tariff for ilmenite will stay unchanged by 10% and the rate for ferrotitanium decreased by 5% down to 20%.