Showing posts with label Sichuan Lomon. Show all posts
Showing posts with label Sichuan Lomon. Show all posts

Monday, March 3, 2014

Find Hot News in Titanium Dioxide China Monthly Report 1401

Published on the 25th every month, Titanium Dioxide China Monthly Report  is a monthly publication released by CCM. It offers timely update and close follow up of China’s various kind of Titanium Dioxide market dynamics, analyze the market data and trends. TiO2 China Monthly Report will provide intelligence of Chinese TiO2 industry, including supply/demand, company dynamics, raw material supply, etc, and the latest policies and technological progress to facilitate your search for commercial opportunities in this promising market.

Following are headline news of the Titanium Dioxide China Monthly Report:
The domestic TiO2 price continued its downward trend, and the market has become quieter as the Spring Festival approaches.
The blast happened on Nov. 22, 2013 in Qingdao City caused increasing public concerns on the safety of buried pipelines, it is estimated that the anti-corrosion coating will be in great demand if pipelines upgrading is carried out.
After an encouraging financial performance in 2013, KNT is expected to continue its growth momentum into 2014 as new projects go into operation.
With the weak domestic demand and the flat export volume, China produced around 1.90 million tonnes of TiO2 in 2013, the same level as in 2012.
Despite the bear market, SRL's 2013 production increased significantly, and is projected to increase in 2014. However, their revenue and profit declined.
Given that only 20% TiO2 producers were profitable in 2013, it is wise for Shandong Dongjia to halt its IPO application under the CSRC's current regulations.
The domestic demand for TiO2 may remain soft in 2014. However, the export volume is expected to increase significantly, making export growth the major driving factor for the consumption of Chinese-produced TiO2 in 2014.
Comparison of TiO2 properties indicators and requirements of end users.
In Nov. 2013, the import volume of TiO2 soared while the export volume increased moderately. The import price and export price both declined slightly.
In Nov. 2013, the imported volume of titanium feedstock continued to grow. However, some small domestic titanium feedstock producers cut their operating rate, which led to the decline in the total domestic output of titanium feedstock.

About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Tuesday, December 31, 2013

Find Hot News in Titanium Dioxide China Monthly Report 1312

Following are headline news of the Titanium Dioxide China Monthly Report:

Zhejiang Transfar to acquire Transfar Coating's 100% equity

Zhejiang Transfar to acquire Transfar Coating's 100% equity with a transaction value of USD12.21 million. The acquisition is a horizontal integration, and is expected to create synergy and improve efficiency.

Domestic automobile output is expected to reach 22 million units in 2013

2013 domestic auto output is expected to reach 22 million units. However, local governments' controls on vehicle purchases will affect the development of the auto industry in the future.

Domestic TiO2 price declined massively from mid-Nov. to mid-Dec.

Domestic TiO2 price declined massively at the end of 2013 as the producers have taken a low price strategy to achieve their 2013 sale goals.

Tianyuan Group to enter the titanium industry for new growth point

Tianyuan Group is targeting synthetic rutile as a new growth point amidst the sluggish chlor-alkali market.

Domestic TiO2 price likely to keep steady in 2014

Domestic TiO2 market will likely keep steady without large fluctuations in 2014, mainly because of the lack of obvious driving factors.

TiO2 import price declined slightly while the export price enjoyed a rare increase in Oct.

Both the import volume and export volume of TiO2 declined in Oct. The export price of TiO2 enjoyed a rare MoM growth, while the import price declined slightly. The total export volume for 2013 is likely to exceed that of 2012, which will help to relieve the high inventories in the domestic market.

Capchem plans to acquire Supe Chemical's 56.92% equities

Capchem plans to acquire a 56.92% share of Supe Chemical in order to enter the coating & paints industry.

Luohe Xingmao starts the bidding on its second phase of chloride process TiO2 project

The first phase of Luohe Xingmao's chloride process TiO2 project, which has a production capacity of 60,000 t/a, has been completed and the bidding process of the second phase has been started. However, some technical issues may still exist.

Titanium feedstock imports returned to normal while domestic production increased significantly

Both the domestic production and import volume dramatically increased MoM, pushing up the supply of titanium feedstock in Oct. However, the average import price fell 27.15% MoM to USD195/t. The total supply of titanium feedstock in China increased by 53.15% MoM, which was mainly due to rising operating rates.

TiO2 companies expand despite the market downturn

Some domestic listed TiO2 companies are opting to expand during this current downtrend. Although this strategy may pay off if the market improves in the future, it is fraught with risk. 

About CCM
As a leading market research consulting company in China with more than 10-year-experience, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer. For more information, please visit http://www.cnchemicals.com.

Contact
Tel: 86-20-37616606

Fax: 86-20-37616968

Thursday, December 26, 2013

TiO2 companies expand despite the market downturn


However, some domestic producers have increased their production capacity without regard for the current sluggish condition. This may be a wise strategy if the demand for TiO2 picks up in the future, but is full of risks.

Panzhihua Dongfang Titanium Industry Co., Ltd. (Dongfang Titanium), a subsidiary of Pangang Group, is reported to be planning to launch the pilot production for its second phase rutile TiO2 project with an additional production capacity of 60,000t/a in Dec. 2013. The first phase project, with a production capacity of 40,000t/a, was put into operation in 2009. The construction of the second phase project began in 2012, and still needs another investment of USD105.86 million (RMB650 million). The second phase production line is expected to be put into operation in June 2014 and will lift up Pangang Group's TiO2 production capacity to more than 120,000t/a.

CNNC Hua Yuan Titanium Dioxide Co., Ltd. (CNNC Titanium) also announced that it will raise about USD35.94 million (RMB220.70 million) for the technical reform project of Jinxing Titanium's existing 100,000t/a TiO2 after-treatment production plant and USD23.57 (RMB144.70 million) for the technical project of Wuxi Haopu's existing 50,000t/a rutile TiO2 fine-finishing production plant. CNNC Titanium was reverse merged by Jinxing Titanium in Jan. 2013. After the backdoor listing, CNNC Titanium's TiO2 production capacity has reached 100,000t/a. At the same time, CNNC Titanium claimed that Jinxing Titanium's after-treatment capacity will reach 200,000t/a and Wuxi Haopu's fine-finishing production capacity will reach 100,000t/a after the technical reform.

In late Nov. 2013, another listed company—Jilin GPRO Titanium Industry Co., Ltd. (GPRO Titanium) also plans to raise about USD142.38 million (RMB874.21 million) to construct its 80,000t/a TiO2 project. GPRO Titanium succeeded in its backdoor listing on July 26, 2013, and currently has a TiO2 production capacity of 45,000t/a in operation (please refer to GPRO Titanium succeeds in backdoor listing and starts trading since July 26, 2013 in Titanium Dioxide China Monthly Report 1308 for more details). The construction of the 80,000t/a TiO2 project began in Dec. 2012 and is projected to be completed in H2 2015. The plant will operate at 80% capacity after one year of operation.

Whether increasing the production capacity is wise still remains uncertain. However, listed companies can easily raise capital from the stock market to support an increase in production capacity. Under the existing stock market rules, most private investors who subscribe to non-public offering shares can easily profit by selling the shares to public stock market investors at a much higher price.

This phenomenon leads private investors to flock to listed companies' non-public offering shares, ignoring the fund-raising projects' profitability and any concerns about raising capital regardless of the market. As a result, listed companies have more opportunities to expand their production capacity than non-public companies when the market is declining.  Therefore, listed companies can attempt to expand and gain a greater market share with a mitigated risk of incurring a potential loss, while private investors can access the company and attempt to profit through the stock market.

Table of Contents of Titanium China Monthly Report 1312:
TiO2 import price declined slightly while the export price enjoyed a rare increase in Oct.
Titanium feedstock imports returned to normal while domestic production increased significantly
Domestic TiO2 price declined massively from mid-Nov. to mid-Dec.
TiO2 companies expand despite the market downturn
Domestic TiO2 price likely to keep steady in 2014
Luohe Xingmao starts the bidding on its second phase of chloride process TiO2 project
Tianyuan Group to enter the titanium industry for new growth point
Capchem plans to acquire Supe Chemical's 56.92% equities
Domestic automobile output is expected to reach 22 million units in 2013
Zhejiang Transfar to acquire Transfar Coating's 100% equity

Titanium Dioxide China Monthly Report, issued by CCM on 25th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606

Tuesday, December 10, 2013

Henan Billions to raise capital for its titanium slag projec

The project investing into the upstream of TiO2 was first put forward in Feb. 2013 (please refer to Titanium Dioxide China Monthly Report 1303 for more details) and has been adopted by the board of trustees. On 7 Nov., Henan Billions released an advanced plan for raising capital of USD91.47 million (including issuance cost) to fund the construction and the operating liquidity of its titanium slag project.

The titanium slag project includes two phases. The first phase requires an investment of USD107.77 million, including USD81.55 million for the construction and USD26.21 million for the operating liquidity. The first phase is estimated to be completed after one and a half years and is estimated to provide 150,000 tonnes of titanium slag every year, which is sufficient for Henan Billions's 60,000t/a chloride process TiO2 project.

Henan Billions has embarked on this project to reduce the effects of fluctuations in the titanium feedstock price and to reduce its costs for raw materials. Possessing titanium resources means initiative in industry chain, which is especially vital for developing chloride process TiO2. Possessing titanium resources can reduce the raw materials cost and cyclical fluctuations in profits, as the byproducts of titanium slag produced in the machining process can offset the cyclical fluctuations of the TiO2 industry. In order to reduce its reliance on titanium feedstock imports and to cut costs, Henan Billions has reduced its import volume of titanium feedstock in 2013 and has enhanced its purchases of domestic titanium feedstock, especially those produced in Panzhihua City, Sichuan Province.

Although small investors of Henan Billions oppose the capital raising plan and despite Henan Billions' stock declining by 5.47% to USD3.29 (RMB20.22) per share on 7 Nov., the day when the plan was released, as the issue price is USD3.05 (RMB18.72) per share, the issue plan is not likely to fail. This is because the issue plan is targeted at large investors and the current controllers of Henan Billions. Therefore, although the stock price is under the issue price, the targets of the issue plan will still subscribe to the new shares.

Table of Contents of TiO2 China Monthly Report 1311
The China Titanium Week 2013: sluggish market status would last to the end of 2013
Domestic TiO2 price kept stable from mid-Oct. to mid-Nov. 
China's "Double 11" online shopping festival fails to live up to expectations for the coating industry
Wind power industry to bring recovering demand for heavy duty coating
Henan Billions to raise capital for its titanium slag project
CPI Yuanda acquires upstream SCR TiO2 supplier
Import volume increased by 22.42% while export volume declined by 6.46% in Sept.
Domestic TiO2 price may edge down after the traditional selling season
Domestic titanium feedstock supply increased in Sept. as domestic capacity expanded 
Domestic TiO2 market is improving as profitability improved and inventories fell in Q3

Titanium Dioxide China Monthly Report, issued by CCM on 25th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

About CCM
CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606

Email: econtact@cnchemicals.com

Friday, November 29, 2013

Import volume increased by 22.42% while export volume declined by 6.46% in Sept.

Although the expansion of domestic titanium feedstock production capacity has reduced the domestic market's reliance on imports, domestic TiO2 producers will still use imported titanium feedstock to mix with domestic titanium feedstock in order to meet quality requirements, according to Titanium China Monthly Report issued by CCM in October.

Both the domestic TiO2 price and titanium feedstock price kept stable during mid-Oct. to mid-Nov. and is likely to remain steady throughout the rest of 2013.

Although the TiO2 shipment volume and the market condition of domestic TiO2 improved during Q3 2013 compared with Q2, the domestic TiO2 price is not likely to rise rapidly in Q4. Also, TiO2 enterprises' full year financial performances are predicted to be disappointing.

The domestic TiO2 price will inevitably edge down following the end of the traditional selling season because the downstream demand remains weak. However, technological breakthroughs in new application fields should bring about new opportunities for growth in China's TiO2 industry.

Henan Billions is entering into the upstream TiO2 industry by constructing a titanium slag production facility. The facility will not only guarantee its raw materials supply, but will also reduce the cyclical fluctuations in its profits.

 In the China Titanium Week 2013, associations from Sichuan and Yunnan Province introduced the condition of local titanium industry, deputation of Vietnam invited Chinese partners to invest Vietnamese titanium industry, delegates considered the sluggish market status would last to the end of 2013.

The recovery of the wind power industry will provide opportunities to upstream industries, including the heavy duty coating industry. This will stimulate the demand for TiO2 as it is applied in heavy duty coating manufacturing.

CPI Yuanda has acquired 100% of its SCR TiO2 supplier Puyuan Chemical. This acquisition helps CPI Yuanda achieve vertical integration and will make the competition in the SCR TiO2 market even more intense.

"Double 11" shopping festival did not bring the expected sales to the coating industry. E-commerce penetration for coating products still faces many problems.

Table of Contents of TiO2 China Monthly Report 1311:
Import volume increased by 22.42% while export volume declined by 6.46% in Sept.
Domestic titanium feedstock supply increased in Sept. as domestic capacity expanded
Domestic TiO2 price kept stable from mid-Oct. to mid-Nov.
Domestic TiO2 market is improving as profitability improved and inventories fell in Q3
Domestic TiO2 price may edge down after the traditional selling season
Henan Billions to raise capital for its titanium slag project
The China Titanium Week 2013: sluggish market status would last to the end of 2013
Wind power industry to bring recovering demand for heavy duty coating
CPI Yuanda acquires upstream SCR TiO2 supplier
China's "Double 11" online shopping festival fails to live up to expectations for the coating industry

Titanium Dioxide China Monthly Report, issued by CCM on 25th, is mainly comprised of five columns of news and reports related to TiO2 market, including “Supply & Demand”, “Company Dynamics”, “Upstream”, “Downstream” and “Price Update”. You can find out more business opportunities through the latest and helpful information provided in the report.

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals, CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis, and Consultancy Service. 

For more information, please visit http://www.cnchemicals.com.

Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China
Tel: 86-20-37616606
Email: econtact@cnchemicals.com


Thursday, October 27, 2011

Top 10 TiO2 Manufacturers Emerge in Chinese TiO2 Market

CCM’s October issue of TiO2 China Monthly Report shows you top 10 Chinese TiO2 Manufacturers newly emerged.

A selection of "Top 10 Chinese TiO2 companies 2011" was successfully carried out on 9 Oct. 2011. Sichuan Lomon, Shandong Dongjia, Henan Billions and seven other companies were in the top 10 list.

Aiming to provide a better understanding of domestic TiO2 companies and more cost-effective TiO2 products for coating companies, China Coating Purchase Net (www.icoat.cc), a famous coating medium in China, hosted the event.

The result of the selection comes from three-month online poll and industrial survey on 37 candidates. It raises much attention among people because it is not only based on output and sales volume of each TiO2 company, but also on the popularity and cost performance of products, credit standing and development prospect of each company.

And it is a great opportunity for Chinese TiO2 producer to learn from each other’s advantage in the selection.

Headline news of October Issue of TiO2 China Monthly Report:
-China's TiO2 export volume continues to decline in Aug. 2011
-Henan Billions doubles net profit in Q3 2011, but lower profit growth expectation for full year 2011.
-CNNC Huayuan extends maintenance period for its 200# production line.
-Annada gets high net profit growth in Q3, while worries about Q4.
-Pangang Group does well in the production of TiO2 and titanium feedstock.
-Tronox integrates Exxaro's mineral sands to support its TiO2 production.
-Argex Mining advances toward TiO2 production with CTL's technology
-China's architectural coating output growth slows down this year.
-TiO2 price slump continues in Oct. China's market.

If you are interested in CCM’s TiO2 China Monthly Report, please feel free to contact us at econtact@cnchemicals.com.
(Guangzhou China, October 26, 2011)


About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

Top 10 Chinese TiO2 Manufacturers Come out

On 9 Oct. 2011, a selection of "Top 10 Chinese TiO2 companies 2011" completed successfully. Sichuan Lomon, Shandong Dongjia, Henan Billions and other seven companies were selected. The acknowledgment marked good competitive strength of each selected companies, according to CCM’s October issue of TiO2 China Monthly Report.

The selection is initiated and conducted by China Coating Purchase Net (www.icoat.cc), a famous coating medium in China. It aims at providing better understanding of domestic TiO2 companies and more cost-effective TiO2 products for coating companies.

The result of the selection comes from three-month online poll and field survey on 37 candidates. The selection becomes worthy of note because it is not only based on output and sales volume of each TiO2 company, but also on the popularity and cost performance of products, credit standing and development prospect of each company.

For China's TiO2 producers, to learn from each other in the selection is more important than the result.

According to the analysis by China Coating Purchase Net, domestic TiO2 market is unsaturated by now, but remarkable growth is stunted by the shortage of titanium feedstock, low investment in R&D, strict environmental protection policy, etc. Foreign TiO2 producers spend many efforts on improving product quality and developing new products, so it's easy for them to occupy China's market, especially for high-end products.

(Guangzhou China, October 26, 2011)

Source: TiO2 China Monthly Report 1110

Content of TiO2 China Monthly Report 1110:
China's TiO2 export volume continues to decline in Aug. 2011
Henan Billions doubles net profit in Q3 2011
CNNC Huayuan extends its maintenance period to mid-Oct.
Annada gets high net profit growth in Q3, while worries about Q4
Pangang Group overfufils production plan by Sept. 2011
The Top 10 Chinese TiO2 Manufacturers come out
China's titanium feedstock import situation in Aug. 2011
Tronox to integrate mineral sands and TiO2 production
Argex Mining advances TiO2 production with CTL's technology
China's architectural coating output growth slows down
China's ink company selected as global ink industry leader
TiO2 price slump continues in Oct. China's market
What's behind TiO2 prices decrease in China market?
TiO2 price increase in North America in Q4 2011

Editor’s Note
China saw some improvements in its economy last month. Its manufacturing PMI rose by 0.3% to 51.2 in Sept. 2011 compared with that in Aug. Meanwhile, its CPI growth rate fell to 6.1%, showing a slowdown in growth for the second consecutive month.

In Q3 2011, China sees a 9.1% year-on-year increase in GDP, which is lower than the growth rates of 9.5% in Q2 and 9.7% in Q1 this year. It reflects China's economic growth has slowed down.

Domestic TiO2 prices slump in this month, with the mainstream prices for rutile TiO2 falling to USD2,830/t by mid-Oct. 2011. China's TiO2 producers worry about the profit growth of TiO2 in Q4, though many remain high growth in Q3 2011.

By the end of Sept. 2011, China has started building 9.86 million units of affordable housing, 98% of the amount planned for this year. In the building material industry, the architectural coating industry will continue to be the major beneficiary of these projects. However, the coating industry in China has entered an off-season now, which suggests the demand of TiO2 will be weaker.

TiO2 China Monthly Report, a monthly publication issued by CCM International on 25th of every month, will penetrate into Chinese TiO2 market from a global view, deeply analyse TiO2 industrial chain and manufacturers’ competitiveness and trace the latest industrial hotspots and dynamics, aiming to provide the most valuable information about China’s TiO2 industry.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China

China’s TiO2 Price Continues to Slump in October 2011

October issue of TiO2 China Monthly Report was newly published by CCM. In this issue,  it is reported that TiO2 price slump continues in China's market in October 2011
However, China saw some improvements in its economy last month. The manufacturing PMI in China increased by 0.3% to 51.2 in Sept. 2011 compared with that in Aug 2011. In Q3 2011, China sees a 9.1% year-on-year increase in GDP, which is lower than the growth rates of 9.5% in Q2 and 9.7% in Q1 this year,  reflecting China's economic growth has slowed down.

Domestic TiO2 prices slump with the mainstream prices for rutile TiO2 falling to USD2,830/t by mid-Oct. 2011. China's TiO2 producers worry about the profit growth of TiO2 in Q4 2011, though many remain high growth in Q3 2011.

For more details about China’s TiO2 price slump and What's behind TiO2 prices decrease in China’s market, please pay attention to CCM’s TiO2 China Monthly Report, which will keep you update the latest news in China’s TiO2 market.

-China's TiO2 export volume continues to decline in Aug. 2011
-Henan Billions doubles net profit in Q3 2011
-CNNC Huayuan extends its maintenance period to mid-Oct.
-Annada gets high net profit growth in Q3, while worries about Q4
-Pangang Group overfufils production plan by Sept. 2011
-The Top 10 Chinese TiO2 Manufacturers come out
-China's titanium feedstock import situation in Aug. 2011
-Tronox to integrate mineral sands and TiO2 production
-Argex Mining advances TiO2 production with CTL's technology
-China's architectural coating output growth slows down
-China's ink company selected as global ink industry leader
-TiO2 price slump continues in Oct. China's market
-TiO2 price increase in North America in Q4 2011

If you are interested in CCM’s TiO2 China Monthly Report, please feel free to contact us at econtact@cnchemicals.com.
(Guangzhou China, October 26, 2011)


About CCM

CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a staff of more than 150 dedicated highly-educated professionals. CCM offers Market Data, Analysis, Reports, Newsletters, Buyer-Trader Information, Import/Export Analysis all through its new proprietary product ValoTracer.

CCM International Ltd.
Guangzhou CCM Information Science & Technology Co., Ltd.
17th Floor, Huihua Commercial & Trade Mansion, No.80 Xianlie Zhong Road, Guangzhou 510070, China


Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_777.html