Mr Manoranjan Misra which is Purchasing director of China and development manager Ms. Zhou from Indo Rama Synthetics India Limited came Shijiazhuang city from 6th to 9th August. They negotiated with Hebei Milson titanium dioxide co., ltd. About supply contract details in the second half of 2014. After two days negotiation, the two sides signed a $5 million contract of supply. The two sides has a deep discussion about acquisition of crossing-shareholdings and mines overseas acquisition. We signed a cooperation framework agreement. We two sides develop the sapphire project.

　　Indo Rama Synthetics India Limited is the most advanced textile company, the second largest textile company in India. The company registered capital is $500 million. The China purchasing department located in Yangtze river delta center Huzhou city, Zhejiang province, which mainly responsible for sourcing in China.