Core Viewpoint - Panentop announced the suspension of production at its Asian factory due to the current business environment, affecting all ongoing and upcoming contracts, orders, projects, deliveries, and services [1] Company Operations - The Asian factory is located in Teluk Kalung, Malaysia, with a titanium dioxide production capacity of 60,000 tons per year [1] - Panentop was originally a subsidiary of Hunstman Group, focusing on titanium dioxide and performance additives [1] Business Challenges - The company has faced significant operational challenges in recent years [1] - Panentop is currently in the process of selling three companies operating in the UK, which will involve 520 employees in the northeast of England [1]