The history of "Crimea TITAN" reflects the history of our country, it is full of Fairs and both ups and downs.

Due to "TITAN" active participation in economic life of the country, creation and strengthening of its export potential, it can be fairly called one of the enterprises that developed Ukrainian history.

Crimea TITAN is a company with more than 30-years history.

On December 28, 1969 a decision to establish Crimea State Industrial Union "TITAN" (CSIU "TITAN") was made. The construction was stipulated by the necessity of increasing production volume of titanium dioxide, which is a valuable raw material for many industries.

The first years of the company's existence are marked by gradual activating of production complexes for production of ammophos (1971), aluminum sulphate and Sodium silicate (1973), red ferrioxide pigments (1974) and activating of two workshops for making pigment titanium dioxide (1979) with 40 thousand tons annual capacity each.

At the beginning of 90-s, during perestroika period, prospering "TITAN", just as many other Ukrainian enterprises, experienced difficult times: traditional ties with raw material suppliers and consumers were broken, the construction of new workshops was stopped, only 41% of titanium dioxide production facilities were used and plant's debts were growing...

In January 1999 a new director Yevgeniy I. Dmitriev was appointed and on February 10, 2000 on the basis of CSIU "TITAN" Crimea TITAN was established.

In March 1999 CJSC "TITAN" entered North-Crimean Experimental Economic Area (NCEEA) "Sivash". Earlier NCEEA "Sivash" was the only really functioning NCEEA in Ukraine (the implemention was initiated by the Cabinet of Ministers of Ukraine in Autonomous Republic of Crimea as a local economic experiment on the territory of Krasnoperekopsk region and Armyansk town).

Year 2000

• To help the company out of difficult situation a group of highly qualified managers was gathered. Their efforts successfully led the company out of the crisis to a new higher level of its development.
  
  In six months the company has increased production volume, activated new equipment and reconstructed existing facilities and managed to raise income as per year totals. In the 1st six months of 2000 sales of products compiled UAH 132,99 thousand, and 25,2% of it fall on export sales. Sales income increased by UAH 13 million 746 thousand compared to the 1st six months of 1999. While production profitability had reached 19,7%.
  
  

• SJSC "TITAN" is one of the pioneers in Ukrainian stock market to issue corporate bonds. In March 2001 the company successfully placed its first bonds loan worth UAH 3.34 million.
  

• September 2001 the term of NCEEA "Sivash" existance came to an end and all the companies that participated in the experiment, including "Titan", were permitted to enter the Priority Development Area (PDA) "Sivash".
  

• November 26, 2001 business plan of SJSC "TITAN", as of a PDA "Sivash" participant was affirmed. It was titled "SJSC "TITAN" reconstruction of production facilities and technologies upgrade".
  The main aim of this business plan was to implement a long-term systematic reconstruction and modernization of capital assets . As a result of these activities the production volume will increase and the quality of all products will be in compliance with modern international standards.
  
  

• In 2002 due to some objective reasons (100% tax on Ukrainian import imposed by USA, world economic recession, destabilization of prices for titanium dioxide, etc.) company's marketing strategy was re-orientated to European markets.
  

• Certain steps were taken aimed to improve quality of products, decrease the net cost, save financial, material and technical resources. In 2002 industrial and economic activity of SJSC TITAN was developing in the following directions:
  

  
  
  • improvement of financial and economical performance of the company;
    
  • strengthening product competitiveness by means of its quality improvement and nomenclature extension;
    
  • reconstruction and modernization of company's capital assets;
    
  • increase investment appeal.
    
  
  

• May 2002 the company obtained an International Quality Standard Certificate ISO 9001:2000 for titanium dioxide production. This is the evidence of "Titan" production beeing in compliance with international standards and of high quality of its products.
  

• September 2002 a new mark of titanium dioxide was introduced - Crimea CR-03, TiO2 of a superior quality, with improved whiteness indicators that correspond to the ISO 591-77 International Quality Sstandard.
  

• The same year the company issued and successfully placed bonds totaling UAH 15 million.
  

• In 2003 new marks of titanium dioxide were developed - Crimea CR-04 and Crimea CR-07. Their technical characteristics ( tint-reducing power in particular) correspond to International Quality Standards. This fact significantly increases competitiveness of the product on international markets. New marks were developed by the specialists of the company.
  

• May 19, 2003 new ammonium sulphate production line was launched .
  

• In August 2003 in the frames of the pilot project initiated by International Bank of Reconstruction &Development (IBRD)and Cabinet of Ministers of Ukraine "Integrated Solution System" project, British company "WS Atkins International Ltd" performed an ecological audit of our company, sulphuric acid workshop in particular.
  The audit was aimed to examine main production process and types of waste products as well as to determine the level of environmental problems within Ukrainian law and EC regulations and standards. The results of the audit can be a basis for a pilot project "Integrated permission for waste products discharge ", provided that it gets a positive public opinion in the region the company is situated.
  According to auditors resolution, in spite of obsolete production equipment and technologies, company's activity and waste disposal practice is in accordance with environmental legislative and statutory acts of Ukraine. As stated in the conclusion, company's administration perfectly realises the importance of environmental protection due to its production process and therefore has significantly increased expenses on environmental protection activities in the recent years.
  At the same time, it was pointed out that the existing environmental protection control system does not comply with the best activities and requirements practised in EC countries.
  Results of performed audit and propositions of Crimea TITAN have been combined into recommendations regarding repairing and modernization of sulphuric acid production process. The calculation of approximate expenses was also made, compiling USD 8,5 million.
  Nevertheless no propositions concerning financing the environmental protection activities within the IBRD project were made
  
  

• In autumn 2003 the company received a priority right for using company trade mark "Crimea Titan" and product marks Crimea CR-1, Crimea CR-02, Crimea CR-03, Crimea CR-04, Crimea CR-07.
  
  

• Production volume of company industrial product expressed in established prices was the highest in 2003 than in any other period since 1998.
  In 2003 it totaled 357 630 thousand UAH and increased by 133 649 thousand UAH or 60% comparing to 2002.
  Also production volume of main kinds of products in natural expression corresponds to:
  titanium dioxide 55 023 tons, that is by 35 % higher than last-year indicators;
  mineral fertilizers - 27 353 tons, that is by 149 % higher than in 2002;
  sulfuric acid - 305 500 tons, that is by 61% higher than last-year indicators.
  Sales volume of main kinds of products has increased by more than 60% to 360 million UAH. Volume of SJSC "Titan" export operations in 2003 comparing to 2002 increased by 6,8% to 266 million UAH.
  In 2003 average wages of the company employees increases by 25%.
  In 2003 qualitative characteristics of produced titanium dioxide have significantly increased after "white" filtration device reconstruction with drum vacuum-filters replacement by leaf vacuum-filters (Moore filter) and hydrolysis process automation performed in "Titan-2" workshop."Ammophos" workshop daily output capacity increased by 40%. Energy consumption costs decreased as well as raw material consumption due to performed extraction room automation.
  
  

• During 2001 - 2003 the company introduced a number of arrangements aimed for pigment titanium dioxide quality indicators stabilization and improvement.
  There have been performed reconstruction of "white" filtration equipment with drum vacuum-filters replacement by leaf ones (Moore filters) and hydrolysis process automation. besides that, there have been purchased and installed "black" filtration press-filters (prehydrolysis solutions filtration). The process of
  hydrolytic acid extraction has been automated in ammophos workshop as well.
  Taking into consideration both implemented and planned automation of all the production processes, the central control room of the company has also been completely re-equipped. It enabled the enterprise’s operators to supervise process flows, control energy and raw materials consumption in on-line mode, using their PC displays, and to react on-the- fly to changes in manufacturing process.
  
  

• Approximately UAH 28 mln were allotted for environmental actions and drawn down by the SJSC "Titan" in 2003. In total, during the period 2000-2003, the Company diverted UAH 105,45 mln to ecological activities, in particular:
  
  2000 – UAH 15,005 mln.
  
  2001- UAH 30,65 mln
  
  2002 – UAH 31,800 mln.
  
  2003 - about UAH 28 mln
  
  Besides that GAK Titan effects annual payments of surrounding environment pollution fees to the Crimean Autonomous Republic Budget. Within 1998 – 2003 the sum of means transferred to the Republic’s budget totaled UAH 2, 823 mln altogether.
  
  

• In December 2003 the Republican environmental committee of the Autonomous Republic of Crimea conducted a quarterly audit of the SJSC "Titan" activities. According to its conclusions it was established that the maximum permissible concentration of all air pollutant components was observed along the border of the 3 km buffer area around GAK Titan industrial site.
  The positive developments in terms of pollutants emissions reduction have been recorded – from 17537 t/y in 1996-1999 down to 9464.9 t/y in 2000 – 2003. The reason behind that result is that within the said period GAK Titan fitted another 62 pollutant emission sources with dust and gas removal installations aa well as with off-gas cleaning devices. All in all 116 emission sources are currently fitted with such installations.
  In general, geoecological situation in the neighborhoods of the acid waste lagoon remains stable.
  It has been highlighted that the acid waste lagoon operations are monitored as scheduled by: industrial sanitary laboratory, environment protection department, ground water hydrology department of the Company.
  According to 11 months monitoring data of 2003 the SJSC”Titan” did not exceed any of acid waste lagoon performance figures.
  
  

• January 01, 2004 the company changed titanium dioxide trade name to CRIMEA CR of corresponding marks (CRIMEA CR-1, CRIMEA CR-02, CRIMEA CR-03, CRIMEA CR-04, CRIMEA CR-07). As a result of this change and in order to prevent products commercial counterfeiting, we designed absolutely new titanium dioxide packing: 25 kg flap and sewn bags as well as big-bag containers. To correspond the general design of the company Ammophos packs have also been changed.
  

• January 01, 2004 the company launched new packaging line for titanium dioxide packing with capacity of 150-250 bags/hour or 3 to 6 tons per hour. It meets all international requirements and standards. It allowed to fully automotise packaging process and decrease product losses while filling the bags.
  

• In the beginning of 2004 the new completed Central laboratory was officially opened, that united all laboratories existing earlier at the factory. Analogues of the similar laboratory in Ukraine today don’t exist. The laboratory complex is completed with the advanced hi-tech equipment from Japan, Korea, the USA, and Germany. The given equipment will give an opportunity to carry out more thorough studies of raw material, intermediate product and ready product that allow approaching quality of TiO2 pigment to a level of leading world manufacturers. Further the SJC "Titan" plans to install modern analytical and test equipment in the laboratory according to requirements of the international standards.
  

• For the first quarter 2004 made a commodity output on 123 196 thousand UAH. in established prices, that almost in 2,5 times more, than for the 1 quarter 2003. In particular, in physical units:
  - TiO2 is made 17, 9 thousand tons, it is twice more of the level of the similar period of the last year;
  - A sulfuric acid is let out 96, 6 thousand tons that makes 210 % to the level of the first quarter of the last year;
  - ammophos is made 13,5 thousand tons;
  - Red pigments - 433 tons.
  
  

• On April, 23 2004 own steam turbogenerator was launched by capacity 6 ÌÂò at the enterprise, established in a boiler shop. All design characteristics of the turbine are adhered to parameters of manufacture of the company.
  Expenses of the project made 12 million UAH. A period of recoupment - 3 years.
  The given project is carried out due to proceeds of credit of the European Reconstruction and Development Bank and grant ÒASIS, realized by the company “UkrEsko". According to a financial estimation of the SJC "Titan" can serve the credit of such size without essential risk.
  

• On June 30, 2004 SJC "Titan» restored and commissioned the second system of the shop of a sulfuric acid. The value of the project made 26 million UAH. The project of reconstruction of the department and all works had been developed and carried out due to forces of the experts of the enterprise. Start of the second system will allow to increase the release of a sulfuric acid from 30 thousand tons a month up to 45 thousand tons a month, thus to cover own needs of the enterprise in this product.
  

• In the first half of the year 2004 the enterprise increased production in established prices by 94,1 % up to 264931 thousand UAH. Manufacture of TiO2 increased by 61,1 % up to 36411 tons.
  

• On August 31, 2004 during the visit of the enterprise by the President of Ukraine Leonid Kuchma the symbolical capsule under construction of new shop of a sulfuric acid had been put. The new shop by productivity of 600 thousand ton / year will be constructed with use of modern technology double contact/double absorption. The improved technology will allow to approach the norm of the charge of power resources and raw material to world leaders of this branch, and also to lead the norms of ecological cleanliness to the European standards. Besides, the new shop will occupy in some times smaller area.
  

• In September 2004 according to the decree of the president of Ukraine signed on July 7, 2004 about the creation of a technological complex on extraction of ilmenite ores and manufacture of TiO2 with the attraction of the investor the joint venture in the form of the closed joint-stock company « Crimea TITAN » with the authorized capital that made 736146895 UAH had been created. The founders of Joint-Stock Company « Crimea TITAN » were SJC "Titan" and RSJ Erste Beteiligungsgeselschaft mbH. The share of SJC "Titan" in joint venture makes 368073448 UAH or 50 % + 1 share, the share of RSJ Erste Beteiligungsgeselschaft mbH - 368073447 UAH or 50%-1 share.
  
  

• On October 19 2004 the enterprise was visited by one of the editors of the largest editions in the world on paint and varnish coverings PPCJ and APCJ David Vaughan-Lee. The purpose of the arrival was to publish the detailed information on activity of the leading manufacturer of TiO2 in the East Europe of Joint-Stock Company “Crimea TITAN”. David Vaughan-Lee met the administration and got to know its industrial activity. The arrival of one of the editors APCJ and PPCJ is an indirect recognition of the enterprise as leading world means of the specialized information.
  

• For 9 months 2004 the volume of sale of a commodity output had grown on 66, 8 % in comparison with the similar period 2003 and made 440 474 thousand UAH.
  
  The total amount of release of a commodity output for the specified period had made 429 767 thousand UAH, that on 188585 thousand UAH or on 78 % more in comparison with the same period 2003.
  The volume of manufacture of the basic product of the company of TiO2 for this period increased on 18 303tons or 47, 8 % and made 56 558 tons. Volumes of manufacture of accompanying products also had grown, in particular:
  - ammophos in 3,6 times from 17503 tons in 2003 up to 64383 tons in 2004.
  - A sulfuric acid in 1,6 times from 207000 tons up to 329900 tons
  - Red iron pigment in 1, 8 times from 1647 tons up to 3034 tons.
  
  

• On November 16, 2004 organizational structure of Joint-Stock Company « Crimea TITAN » is authorized
  

• On November 30, 2004 State Property Fund of Ukraine by corresponding certificates affiliated to Joint-Stock Company « Crimea TITAN » Irshanskiy mining and processing integrated Plant and Vilhnohirsk Mining and Metallurgical Plant.
  Contracts of rent were signed by the parties 06.09.2004
  
  

• From January, 15 till January, 20 including current year the payment of the percentage income under bonds of the 3-rd release of B series was made. The total sum of payment made 680550,00 UAH.
  A series B were released for the sum 15 million UAH with term of the circulation 2,5 years - since October, 15 2003 till April, 14, 2006-with quarterly payment of the percentage income
  
  

• Since January the company has started the release of a new mark of TiO2 CRIMEA CR-08 on the basis of shop " Titan - 2 ". In December 2004 within the framework of the program on expansion of branded assortment 4 experimental batches of the specified mark on 20 tons were released.
  Mark CR-08 is an equivalent replacement of marks of leading world manufacturers of TiO2 « Huntsman Tioxide », "Kronos", "Kemira" (Tioxide TR92, Kronos 2190, Kemira RD3) and has the improved qualitative characteristics on light resistance and atmospheric durability. The new mark is used as a universal pigment in manufacturing of industrial coverings and paints. The basic difference from already released ones is an additional process by connections of zirconium.
  
  

• In February on results of work for 2004 in a home market for practically full performance of treaty obligations the company has paid to the contractors of ISL PP ZIP, PE Oleynikov, PEPF "Enamel", Polifarb Ukraine bonuses for a total sum 479862 UAH.
  According to items of the made contract the company - buyer takes up obligations to get during year the volume of TiO2 "fixed" behind it, agrees the schedule with breakdown on months.
  The named companies "have chosen" the planned volume of production at a rate of 1540 tons, 350tons, 445 tons, 390 tons accordingly.
  In total on delivery of TiO2 to the market of Ukraine within last year 34 contracts were made.
  In total on a home market of Ukraine in 2004 the company delivered 6516 tons of TiO2.
  It is the second similar action. The first was carried out on results of 2003.
  
  

• In May the mill was purchased for grinding red iron acid pigment being relative product for manufacture of TiO2. Red iron acid pigment (a red pigment) is applied in ceramic and building industries for producing red ceramic tile, a red tile and a red brick.
  The given installation will allow to lower oil-absorption power of a product from 24 to 20 units and to reduce the size of particles in 1,5-2 times. In December 2004 the experts of the company carried out testing of the given equipment in Dnepropetrovsk. At this stage the industrial tests are carried out.
  
  

• In the 2nd quarter the company increased the volume of manufacture in the comparable prices by 10,1 % up to 176,585 million UAH in comparison with the similar period of the last year. Manufacture of TiO2 in comparison with the second quarter of 2004 increased by 19 % up to 22,05 thousand tons, a sulfuric acid - by 43,2 % up to 137,9 thousand tons, red pigments - by 3,3 % up to 1,353 thousand tons.
  

• September 14 at the session of the Supervisory council, the protocol ¹ 3, the decision on change of the rate for the subsequent percentage period, from October, 15, till October, 15, 2006 for each series was accepted..
  The new rate makes: for a series B - 16 %;
  For a series C - 16 %.
  
  

• In the 3d quarter major repair with full automation of the third line on manufacture of a sulfuric acid with replacement heat exchange equipment came to the end and park of pumps that led to the reduction in expenses on 17 UAH on 1 ton of sulfuric acid. Such necessity arose in connection with the growth of volumes of manufacture of TiO2 and loading of shop ammophos. Before carrying out the reconstruction of two working lines with total capacity of 30000 tons / months did not satisfy requirement of the enterprise for an acid. In this case since August 2003 the enterprise had to get a part of a necessary acid from other manufacturers. Introduction of the third line has allowed to increase release of a sulfuric acid in shop up to 1600 tons / day. General capacity of three lines has made 48000 tons / months, that completely satisfies requirements of manufacture today.
  

• In November company defined the winner of the tender on construction of a new hi-tech shop on manufacture of a sulfuric acid by capacity of 600 thousand t/year.
  The winner of the tender become a Ukrainian-German consortium of JSL " Cityterm " – Hugo Petersen GmbH - Chemieanlagenbau Chemnitz GmbH. The advanced technologies and last scientific achievements in the field of construction of chemical installations were put in a basis of the offers of the consortium. Prospective term of implementation of the project - 24 months. The cost of the project is estimated in 55 million euro. Hugo Petersen GmbH includes following tasks: scientific substantiation, engineering of the project and transfer of license technology to Joint-Stock Company « Crimean Titan ». Harmonization of the German project will lie on shoulders of Ukrainian company " Cityterm " with the Ukrainian norms, and also necessary expert coordination, functions general contractor and construction on " a turn-key basis".
  The purpose of the construction of a new shop is necessity of "Titan" to provide with a sulfuric acid of TiO2 manufacture at increasing its capacity up to 120 thousand t/year. After starting the new shop will produce 600 thousand tons of a sulfuric acid a year and to develop 12 mW/hour of the electric power and 96 ton of steam on technology. For today, existing shop on manufacture of a sulfuric acid is equipped with three industrial lines and develops 540 thousand tons a year.
  According to the plan of reconstruction one line will be deduced from operation. Thus, the total volume will make 960 tons of a sulfuric acid a year. Thus emissions SO2 and a fog of a sulfuric acid in an atmosphere in view of higher degree of conversion and absorption will be considerably reduced.
  

• In December the company reimburse the credit in 15 million UAH, directed on reconstruction of manufacture of a sulfuric acid. The purpose of the carried out reconstruction - start in action of the third technological line on manufacture of a sulfuric acid. The credit was given by JSL « State export-import bank » for the period of 1 year within the framework of a direct line of the European bank of reconstruction and development (European Reconstruction and Development Bank). The interest rate made 18 % annual.
  

• In December within the framework of the program of introduction of energy saving technologies of Joint-Stock Company « Crimea TITAN » started a new gas-compressor shop.
  The project, in the total cost of 1550 thousand dollars. The USA or 12,51 million UAH, was financed by the European Reconstruction and Development Bank and implemented by the company « ESCO Commertz » (affiliated with company " UkrESCÎ " which had been already taking part in construction of steam turbine branch of the boiler shop in co-operation with the professionals of Joint-Stock Company « Crimea TITAN »).
  The project on modernization of manufacture system and distribution of compressed air included installation of modern power efficient compressor equipment with a leading-out in a reserve of the out-of-date equipment of existing compressor stations. For maintenance of manufacture process of compressed air with the electric power and water, and also for distribution of produced compressed air to consumers of the enterprise existing engineering and technical communications are used which have been reconstructed.
  Works were confined by creation of two new turbo-compressor stations in buildings of existing compressor stations ¹ 1.
  The given project allowed to make compressed air with high quality indicators which correspond to technological requirements. Installation gives an opportunity of real 30 % of economy of the electric power. Thus annual economy of expenses for operation of compressors would decrease on 60 %.
  

• In the 4 quarter in shop " Titan - 1 " mounting installation of geared reduction of solutions titanyl sulphate iron scraps (instead of reduction of solutions titanyl sulphate by a cast-iron scraps) is made. It gave the opportunity to automize process of reduction of the titan, to improve the quality of solutions titanylsulphate due to decreasing the impurity quantity, brought in a product with a cast-iron scraps. A total cost of works - 202 thousand dollar(USA).
  

• In the end of 2005 Increase in volume of manufacture and development of new marks of a product and for improvement the quality of TiO2, the disaglomirated dryer (company " ALLGAIER ", Germany) by the cost of 1305,92 thousand Euro was purchased.
  

• In the end of 2005 Development of the project on construction of a complex of "branch - decomposition" in shop " Titan - 3 " is finished by total cost of 30,5 million USD, the construction is planned to start this year. Start of shop will allow to increase a release of pigment TiO2 up to 120 thousand tons a year. Since the 4th quarter 2005 building works on erection of the bases under the technical equipment and building of slurry tank are conducted.
  

• By results of 2005 on existing capacities the company made TiO2 of 87153 tons, that on 9 278 thousand tons and on 12 % more in comparison with 2004. Such result is an achievement as in 2005 it was planned to let out 80 thousand tons that makes a project capacity of plant. However, due to modernization of manufacture the enterprise made 87,153 thousand tons, and next year plans to let out 91 thousand tons of TiO2. The given increase occurs within the framework of the program on escalating capacity of manufacture of a pigment up to 120 thousand tons by 2010.
  The total amount of release of a commodity output in established prices for 2005 made 733500 thousand UAH, that on 141376 thousand UAH or 23,87 % more in comparison with 2004. The total amount of release of a commodity output in the comparable prices for the specified period made 685 398 thousand UAH, that on 75 618 thousand UAH or on 12, 4 % more in comparison with 2004.
  Volumes of manufacture of related products for this period increased, in particular:
  - ammophose on 15727 from 82 731tons in 2004 up to 98 458 tons in 2005.
  - Sulfuric acid on 81200 tons from 455300 tons up to 536 500tons.
  Capacities were loaded on the basic kinds of production:
  - TiO2 on 100 %
  - ammophose on 82 %
  - sulfuric acid on 99,03 %.
  
  

• In the 1st quarter in shop " Titan - 1 " mounting installation of filtering centrifuges for maintenance of productivity of 50 thousand tons of a site centrifuging and improvement of quality of a ready product is carried out: decrease in the contents of iron with 0,4 up to 0,32 and improvements whiteness of TiO2.
  

• In the 1st quarter 2006 in shop " Titan - 1 " the automatic packing line was established (groups of companies "BEUMER" and "HAVER*BOECKER", Germany) by cost of 598 thousand Euro. In January, 2005 the company signed the contract with German consortium Haver and Boecker and BEUMER on purchase completely automatic packing system INTEGRA 1W German manufactures in cost of 540 thousand Euro. The term of delivery of the equipment - 6 months. The system will be established in the shop " Titan - 1 " and allow to atomize the processes of packing, to lower losses of production at packaging in container. The specified system completely meets the international requirements and standards.
  INTEGRA 1W provides packing product in bags, stacking of bags on pallets, packing of the filled pallets in a stretch-sleeve.
  Productivity of the automat device on packing a product in 25-kg bags, that makes 220 pieces / hour or 5,5 t/h. The automatic device is equipped with the filling horizontal turbine that guarantees the most limiting compression of TiO2, and also full absence of dustiness during packing. It is stipulated ultrasonic soldering of the valve of a bag that will allow keeping cleanness of packing to destination, and also guarantees accuracy of weight.
  For stacking on pallets the packing system is supplied with robot BEUMER robotpac®. Its productivity makes up to 600 pieces / hour. The chosen type of the robot, will allow expanding in further a line, adding its one more packing automatic device and also to pack up and stack on pallets simultaneously two different products. Besides the technology is stipulated, allowing to compress a cargo on the pallets so that it has the minimal dimensions and at transportation kept packaging.
  In system the automatic packer of ready pallets in a stretch-sleeve is applied, and also the automatic account of the packed and shipped product is stipulated.
  
  

• The 1st quarter 2006 With the purpose of decrease power inputs and increase of capacity of shop on manufacture of TiO2 had been got and mounted automatic membrane filter-press (the company « ANDRITZ AG ») on loading calcining furnaces in cost of 730 thousand Euro.
  

• In the 1st half-year 2006 Also the first turn of installation on clearing water by a method of the opposite osmose which will allow to let out 300 3\h water for TiO2 manufacture was started . Works of capital character on water treating for submission on membranes under capacity of 900 m3/h are made.
  

• The 2006 year end production of titanium dioxide totaled 86 905Mt (metric tons), compared with 86 153 Mt at year-end 2006 representing a decrease of 0,3% (or 248 Mt ).
  
  In 2006 apart from the main product - titanium dioxide - the Company produced:
  - 101 121 Mt of ammophos which is by 2 663 tons or 2,6% up in comparison with 2005;
  - 533 476 Mt of sulphuric acid which is by 3 024 Mt or 0,6% over 2005.
  These changes occurred because the enterprise has been implementing the program for a large-scale reconstruction and modernization of its production facilities , and also because of restricted availability of energy products due to introduction of natural gas consumption limits.
  
  In 2006 the capacity utilization rates for the production of main products were reported as follows:
  - titanium dioxide -100,0%;
  - ammophos- 84,3%;
  - sulphuric acid- 98,8%.

• On the 8th of June 2007 the General Meeting of Shareholders adopted the decision to appoint Mr.Aleksandr Igorevich Nechayev as the Chairman of the Board of the Company..

• In July, 2007 the production engineering service of JSC «Crimean TITAN» celebrated the 40 anniversary. The production and technical department was founded in 1967. It was the base for two structural units which operate now: Chief technologist department and engineering department. Representatives of all shops and services of JSC «Crimean TITAN» come to congratulate the heroes of the day. The Company administration has awarded with Certificates of Merit, honorary mentions, and costly presents not only those who are working now but also the retired employees who were the reliable base of the enterprise.

• December 2007 - The Supervisory Board coordinated the obtaining of a credit for the construction of a new sulfuric acid production plant.