A Rs.700-crore titanium slag project will be set up at a place near Nandigama in Krishna district by a Hyderabad-based private firm, Satyavathi Titaslag, with technology partnership with a premier research institute in China.

The proposed plant will manufacture titanium slag and convert it into titanium dioxide (pigment grade), using Chinese technology which will be provided through the Institute of Process Engineering of the Chinese Academy Sciences. The technology is claimed to be pollution-free.

Y. Jithin Kumar, promoter of Satyavathi Titaslag, accompanied by a Chinese delegation from the Institute, met Chief Minister N. Kiran Kumar Reddy, at the latter's camp office here on Monday, providing the details of the plant to him and seeking State government cooperation.