Carpoly Busy Preparing IPO for Expanding Coating Capacity

The latest issue of Titanium Dioxide China Monthly Report 1111 has been published by CCM International on November 25, 2011. It indicates that Carpoly, the largest coating producer in China, prepares for IPO to raise funds for coating capacity expansion.

Carpoly’s IPO projects include two projects from its subsidiary Guangdong Carpoly Scientific Materials Co., Ltd. (210,000 t/a coating production and its auxiliary projects, high performance coating R&D center construction project) and two projects from Carpoly (marketing network transformation & upgrade project, information system upgrade project).

Carpoly’s IPO operation meets the environmental protection requirements for IPO. Ministry of Environmental Protection (MEP) proclaimed the results of Carpoly's IPO Environmental Protection Inspection (EPI) on 8 Nov. 2011.

According to MEP's report, Carpoly consumed about eight thousand tonnes of TiO2 in 2010, up 29% year on year. Once Carpoly gets listed, it is obvious that its capacity of coatings will further increase, which leads to larger consumption of TiO2.

You might discover more details in Titanium Dioxide China Monthly Report 1111 with the following headline news:

-China encounters fading TiO2 export VS booming import in Sept. 2011.

-Sichuan Lomon and Shandong Dongjia both attempt IPO again, aiming at developing chloride TiO2.

-TiO2 multinationals benefit from higher selling prices, and manage to offset the impact of raw materical cost increase.

-Cristal plans to build a new titanium slag plant in Saudi Arabia, which will aggravate the already serious shortage of ilmenite.

-Iluka, Kenmare, Rio Tinto all get strong production of titanium feedstock in Q3 2011.

-Carpoly prepares for IPO to raise funds for coating capacity expansion.

-Dulux reinforces its position in China by absorbing Campelpaint.

-China's TiO2 price decline goes on in Nov. 2011, with no sign of ending.

-Kronos sets off TiO2 price hike that will take effect on 1 Jan. 2011.(Guangzhou China, November 28, 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.

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

CCM International Ltd.
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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_845.html

Carpoly Actively Preparing for IPO

China's largest coating producer Guangdong Carpoly Chemical Group Co., Ltd. (Carpoly) is preparing for IPO, according to CCM’s November issue of TiO2 China Monthly Report.

It expects to raise funds of USD108 million by IPO for new projects of its subsidiary Guangdong Carpoly Scientific Materials Co., Ltd. (Carpoly Scientific). The IPO projects include two projects from Carpoly Scientific (210,000 t/a coating production and its auxiliary projects, high performance coating R&D center construction project) and two projects from Carpoly (marketing network transformation & upgrade project, information system upgrade project).

On 8 Nov. 2011, the Ministry of Environmental Protection (MEP) proclaims the results of Carpoly's IPO Environmental Protection Inspection (EPI), which ranges over the period from 1 Jan. 2008 to 31 March 2011. After the inspection, the MEP decides that Carpoly's operations can meet the environmental protection requirements for IPO.

By now, Carpoly has seven wholly-owned subsidiaries (including a second-level subsidiary). With coatings capacity expansions over these years, Carpoly has a growing demand for TiO2. According to MEP's report, Carpoly consumed about eight thousand tonnes of TiO2 in 2010, up 29% year on year. Once Carpoly gets listed, its capacity of coatings will further increase, which is bound to lead to larger consumption of TiO2.

(Guangzhou China, November 28, 2011)

Source: TiO2 China Monthly Report 1111

http://www.cnchemicals.com/Newsletter/NewsletterDetail_7.html

Content of TiO2 China Monthly Report 1111:

China encounters fading TiO2 export VS booming import in Sept.

China's titanium feedstock import peaks in Sept. 2011

Rio Tinto sees strong output of titanium feedstock in Q3

Iluka gets strong ilmenite production in Q3

Kenmare increases its ilmenite production

Sichuan Lomon and Shandong Dongjia both attempt IPO again

TiO2 multinationals benefit from higher selling prices

Cristal to build a new titanium slag plant in Saudi Arabia

ISK's revenue grows on higher TiO2 prices in Q3 2011

Performance of international coating companies in Q3

Dulux reinforces its position in China by absorbing Campelpaint

China sees progress in the color masterbatch industry

Carpoly actively preparing for IPO

China's TiO2 price decline goes on in Nov.

Kronos sets off TiO2 price hike for the next year

Editor’s Note

In Oct. 2011, China's manufacturing PMI fell back to 50.4%, with a great decline in import/ export order index and purchasing price index, and an increase in product inventory index. It indicates a relief of the inflation in China accompanied by an adverse external economic environment.

Meanwhile, China's CPI decreases for the third consecutive month and reaches 5.5%. In this case, Premier Wen Jiabao said on 25 Oct. the government would further fine-tune its macroeconomic policy by an appropriate degree at an appropriate time.

China's listed companies are under the inspection of Environmental and Social Responsibility now, and the companies to be listed must pass the Environmental Impact Assessment first, according to the 12th Five Year National Environmental Protection Plan released by the Ministry of Environmental Protection (MEP) on 9 Nov. 2011. China aims to reduce its CO2 emission per GDP by 17% between 2011 and 2015.

In the TiO2 industry, Sichuan Lomon and Shandong Dongjia successively attempted IPO in Nov. 2011. In addition to the strict environmental protection requirements, they also face the challenge of TiO2 price decrease in domestic market that lasts for four months due to the weak demand.

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.

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.

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

CCM International Ltd.
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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_w_840.html

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

Source: http://www.cnchemicals.com/PressRoom/PressRoomDetail_c_778.html

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

http://www.cnchemicals.com/Newsletter/NewsletterDetail_7.html

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.

Main Content 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

-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

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

September Issue TiO2 China Monthly Report Released

CCM’s September issue of TiO2 China Monthly Report has been released on September 25, 2011, covering the latest news of China’s TiO2 industry.

China sees relatively stable economic growth under continuing high inflation. In August 2011, China's CPI decreased to 6.2% year on year, while PMI increased by 0.2% to 50.9. What will be the influence on China’s TiO2 industry?

Domestic TiO2 prices continue to decrease in September 2011, but the weak sales status changes little. The average price of rutile TiO2 drops to USD3,125/t (RMB20,000/t) by mid-September and may fall further later in this month. Will the price of TiO2 keep declining?

In order to promote the energy-saving and emission-reduction program, Ministry of Industry and Information Technology (MIIT) of China issued Clean Production Technology Promotion Scheme (the Scheme) for five industries (including TiO2 industry and coating industry) on 16 August 2011. What’s the challenges and opportunities under the scheme?

In the coating market, traditional wall insulation coatings lose market share significantly, while nano-coatings spring up, in line with the advocacy of environmental protection. Meanwhile, Jotun COSCO starts the construction of a new marine coating project to meet the growing demand in China. What is new in China’s coating market?

All answers will be shared in CCM’s TiO2 China Monthly Report, main news in September issue include:

-China keeps up TiO2 international trade surplus

-Henan Billions profits from higher TiO2 price

-CNNC makes progress under new trusteeship

-PGVT sees increase in gross profit margin of titanium business

-China makes progress in TiO2 production equipment

-China's titanium feedstock import volume drops sharply in July

-Iluka mineral sands EBITDA triples in H1 2011

-Kenmare's revenue increases on higher prices

-Shandong Qifeng leads China's decorative paper industry

-AkzoNobel Shanghai exports TiO2 in 2011

-Oriental Yuhong to set up two waterproof material projects

-China's TiO2 demand from downstreams will increase steadily

-China's TiO2 price continues to decline in Sept. 2011

-Huntsman's TiO2 price increases largely in Asia Pacific

-Cristal announces TiO2 price increases

-China pursues clean production in TiO2 and coatings industry

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

(Guangzhou China, September 28, 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