Monday, September 16, 2013

Find Hot News in Phosphorus Industry China Monthly Report 1308

Following are headline news of the latest issue of Phosphorus Industry China Monthly Report:
Market review of prime phosphate chemical in July 2013
China's phosphorus chemical market remained weak in July, reflecting in a glut of prime phosphorus chemical products.
Hubei Zhongfu Chemical starts the construction of a 330,000t/a sulfuric acid project
On July 23, 2013, Hubei Zhongfu Chemical Group Co., Ltd. started the construction of a 330,000t/a sulfuric acid project—a sub-item of its 100,000t/a purified wet process phosphoric acid program.
Ma’aden joins hands with Mosaic and SABIC to develop a world-class phosphate production facility
On Aug. 5, the Saudi Arabian Mining Company announced the signing of a shareholders' agreement with the Mosaic Company and the Saudi Basic Industries Corporation to jointly develop an integrated world-class phosphate production facility in Saudi Arabia.
An overview on China's yellow phosphorus industry in H1 2013
Production volumes and prices in China's yellow phosphorus industry fell in the first half due to weak demand, but exports boomed as the government removed hefty export tariffs.
Accelerated pace of phosphorus flame retardant replacing bromine flame retardant
The pace of phosphorus flame retardants replacing bromine flame retardants is accelerating in China.
CPFIA puts forward eight suggestions to ease phosphate fertilizer overcapacity
On July 22, 2013, CPFIA put forward eight suggestions to ease the severe overcapacity of the phosphate fertilizer industry in China.
International trade of phosphate chemicals in June 2013
In June 2013, the export prices of most phosphorus products of concern slid over the previous month.
Price monitoring of some phosphate chemicals in July 2013
China's phosphorus industry remained gloomy in July.
Shikefeng Sichuan Branch plans for technology reformation for its long-acting and slow-releasing fertilizer program
Shikefeng Sichuan Leibo Chemical Co., Ltd. to invest USD81.4 million in transforming one sulfur acid device and to build a new floatation program in Leibo county, Sichuan Province.
China's phosphate fertilizer manufacturers suffer heavy loss in the first five months of 2013
In the first five months of 2013, 182 out of 1,369 domestic above-scale phosphate & compound fertilizer manufacturers showed a profit loss, up by 13% YoY.
Xingfa Group's net profit slumped sharply in H1 2013
On July 22 Xingfa Group released mid-year results showing operating revenue in the first half of 2013 increased some 20.69% YoY, but net profit slid 49.17% under pressure from the weakening domestic phosphorus market.
Breakthrough in enrichment and separation of low and medium grade phosphorus ore containing rare earth in China
A breakthrough phosphorus ore processing technique was announced on July 8 in Guizhou.
Xin Zhong Yuan Chemical and Mid-Union Phosphorus to found a fine phosphorus chemical industry cluster
On July 3, 2013, Xin Zhong Yuan Chemical and Mid-Union Phosphorus announced a strategic initiative invest USD978 million in a new fine phosphorous cluster to be located in Longqiao town, Anhui Province.

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