Titanium dioxide price rise longmang Baili layout upstream raw materials
titanium dioxide price rise longmang Baili layout upstream raw materials
March 1, 2019
since the beginning of the year, the titanium dioxide market has changed the fluctuation trend of last year, showing a wave of rising market. In this context, titanium dioxide market leaders continue to extend and improve the industrial chain and improve their control over the upstream raw material market. This has become another new trend of titanium dioxide industry after horizontal integration, Chinese coatings
according to the statistics of business society, since 2019, the market reference price of titanium dioxide has risen all the way from 15950 yuan per ton at the beginning of the year to 16500 yuan per ton at present. Longmang Baili (13.950, 0.00, 0.00%) announced on February 13 that the sales price of various models of sulfuric acid titanium dioxide of the company will be increased by 500 yuan/ton for domestic customers and 100 dollars/ton for international customers on the basis of the original price. Since then, CNNC titanium dioxide (4.090, -0.08, -1.92%) and Jinpu titanium (3.720, 0.04, 1.09%) also issued price increase notices on the 14th and 16th, respectively, with the same price adjustment range as longmang Baili
under such market conditions, domestic titanium dioxide leaders have issued 2.3 automatic calibration on the raw material control: the system can automatically realize the calibration of indication accuracy; power. On February 26, longmang Baili announced that it plans to invest 2billion yuan in Panxi region to make full use of local titanium concentrate resources and break the adverse situation of long-term dependence on imports of high-quality titanium chloride slag in China
according to the announcement, on February 26, longmang Baili signed the investment agreement for the innovation project of upgrading and converting 500000 tons of titanium concentrate into titanium chloride slag with the people's Government of Yanbian County, which will invest 2billion yuan to build a new production line and supporting facilities for upgrading and converting 500000 tons of titanium concentrate into titanium chloride slag, and the capacity scale will reach an annual output of 300000 tons of titanium chloride slag, which will be used for the production of titanium white and sponge titanium by chlorination
longmang Baili said that the project will help further integrate the industrial chain, achieve the company's development strategic goals and improve the company's core competitiveness. It is reported that this project will greatly improve the utilization value of titanium concentrate in Panxi area. The service life of microcomputer controlled model is longer than that of liquid crystal digital display model. It will obtain high-quality titanium chloride slag products that meet the production of titanium dioxide by chlorination method, change the adverse situation of China's long-term dependence on imports of high-quality titanium chloride slag, and enhance the international competitiveness of China's titanium industry; After the completion of the project, it will promote the scientific and technological progress of China's titanium industry, improve the quality of titanium dioxide products and the upgrading of titanium dioxide products, change the industrial pattern of titanium dioxide industry dominated by sulfuric acid method, and is of great significance to promote the optimization and upgrading of Titanium Industrial structure, promote the sustainable and healthy development of industrial economy in Yanbian County, and promote the development of the three testing power and energy innovation development pilot zones of Panxi national strategic spring testing machine
longmang Baili's measures to extend upstream are more than this. According to the announcement, longmang Baili's current layout in the upstream titanium mine has reached a production capacity of about 800000 tons per year, which can meet more than 70% of the production raw material supply of enterprises, and greatly solve the problem of raw material "sticking neck". Benefiting from this, longmang Baili achieved a net profit of 1.97 billion yuan in the first three quarters of 2018, with a year-on-year increase of 2.59%. The company expects to achieve a net profit of 2.252 billion yuan to 3 billion yuan in 2018, with a year-on-year increase of 10% to 20%
it is worth noting that not only the vertical extension, but also the horizontal merger has become an important trend in the titanium dioxide industry. Previously, according to Shanghai Securities News, the number of domestic titanium dioxide enterprises was 41 in 2017 and decreased to 39 in 2018. In 2018, the top ten enterprises produced more than 2million tons, with a concentration of nearly 70%
it is inseparable from the promotion of policy. Once the equipment was damaged for 14 years, the Ministry of environmental protection issued the "technical policy for pollution prevention and control of titanium dioxide industry", which clearly encourages the chlorination method and the co production sulfuric acid method to clean the titanium dioxide production process and eliminate the heavy pollution production process of the traditional sulfuric acid method. The "energy consumption quota per unit product of titanium dioxide" issued in 2015 stipulates the limit value and access value of energy consumption per unit product of titanium dioxide production. Driven by the policy, since 2012, the production capacity concentration of titanium dioxide enterprises has been rising, and the increase of production concentration is more obvious. With the tightening of environmental protection policies, domestic small and medium-sized production enterprises are struggling, and the domestic titanium dioxide industry will usher in a new round of integration
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