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In 2017, domestic titanium dioxide enterprises were busy and they raised prices twice in just two months. Not only domestic companies such as Lilien’s various types of titanium dioxide (including sulphate titanium dioxide and chlorination titanium dioxide) will be sold. Various domestic customers are raised by RMB 700/tonne, and international customers are increased by US$100/tonne. Foreign companies are unwilling to be lonely when the titanium dioxide mood is high. The world’s largest titanium dioxide company, Kemu, has been raised in North America, Canada, Asia Pacific, and Latin America. All grade Ti-Pure titanium dioxide prices for sale in the Americas, Europe, the Middle East, and Africa. The entire titanium dioxide industry continues to grow in 2017.
Industry consolidation speed leading companies bigger and stronger
On February 21, Tronox, an international titanium dioxide giant, announced that it had reached a definitive agreement to acquire a privately owned global chemical and mining company, Cristal Global, titanium dioxide (TiO2) business for US$1.663 billion in cash. The combination of Tenova and Koster's titanium dioxide business has created the world's largest and most highly integrated titanium dioxide (TiO2) pigment producer, making it the largest in six continents. The combined company will operate 11 titanium dioxide (TiO2) pigment factories in eight countries, with a total capacity of 1.3 million tons/year, and will also defeat Chemo to become the leader in titanium dioxide. This acquisition and the company's merger and acquisition of Dragonfly have started the integration of titanium dioxide industry at home and abroad. The leading integration will increase the bargaining power of titanium dioxide production enterprises. It will also further consolidate the titanium dioxide market and support the price trend of titanium dioxide.
Supply-side reform and environmental protection policies will intensify the integration of domestic titanium dioxide industry
Supply-side reform and environmental protection policies helped the two sides to achieve significant domestic titanium dioxide consolidation. The domestic titanium dioxide industry attracted a large number of high-yield manufacturers before 2010, with disorderly production capacity expansion. After the new production capacity was released in 12-15 years, titanium The price of white powder plummeted and the industry continued to decline.
In the past two years, the Chinese government has continuously strengthened supply-side reform and environmental protection, issued a number of production specifications and guidelines for the titanium dioxide industry, and provided clear production standards for titanium dioxide production enterprises. The production capacity is close to 360,000 tons. Currently, companies with a capacity of less than 50,000 tons on the market have a total capacity of 688,000 tons. In the future, the elimination of this part of production capacity can reduce the total production capacity by about 20%. With the acquisition of Longxi Titanium as the starting point, Wulilian will continue to intensify industrial integration in the domestic titanium dioxide industry, and will form an oligopoly in the future.
Behind a series of price increases is the result of the downturn in the titanium dioxide industry. Whether the enterprise can withstand the test and implement the real and effective implementation of the supply-side reform and environmental protection policy depends on the market situation.
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Industry consolidation speed leading companies bigger and stronger
On February 21, Tronox, an international titanium dioxide giant, announced that it had reached a definitive agreement to acquire a privately owned global chemical and mining company, Cristal Global, titanium dioxide (TiO2) business for US$1.663 billion in cash. The combination of Tenova and Koster's titanium dioxide business has created the world's largest and most highly integrated titanium dioxide (TiO2) pigment producer, making it the largest in six continents. The combined company will operate 11 titanium dioxide (TiO2) pigment factories in eight countries, with a total capacity of 1.3 million tons/year, and will also defeat Chemo to become the leader in titanium dioxide. This acquisition and the company's merger and acquisition of Dragonfly have started the integration of titanium dioxide industry at home and abroad. The leading integration will increase the bargaining power of titanium dioxide production enterprises. It will also further consolidate the titanium dioxide market and support the price trend of titanium dioxide.
Supply-side reform and environmental protection policies will intensify the integration of domestic titanium dioxide industry
Supply-side reform and environmental protection policies helped the two sides to achieve significant domestic titanium dioxide consolidation. The domestic titanium dioxide industry attracted a large number of high-yield manufacturers before 2010, with disorderly production capacity expansion. After the new production capacity was released in 12-15 years, titanium The price of white powder plummeted and the industry continued to decline.
In the past two years, the Chinese government has continuously strengthened supply-side reform and environmental protection, issued a number of production specifications and guidelines for the titanium dioxide industry, and provided clear production standards for titanium dioxide production enterprises. The production capacity is close to 360,000 tons. Currently, companies with a capacity of less than 50,000 tons on the market have a total capacity of 688,000 tons. In the future, the elimination of this part of production capacity can reduce the total production capacity by about 20%. With the acquisition of Longxi Titanium as the starting point, Wulilian will continue to intensify industrial integration in the domestic titanium dioxide industry, and will form an oligopoly in the future.
Behind a series of price increases is the result of the downturn in the titanium dioxide industry. Whether the enterprise can withstand the test and implement the real and effective implementation of the supply-side reform and environmental protection policy depends on the market situation.
LIAN JIU supplies ALL Alfa Laval, Tranter, APV (Pasilac), GEA, Mueller, Sigma (Schmitt-Bretten, API), Sondex, Cherry-Burrell, ITT, Chester Jensen, and Vicarb in NBR, EPDM, VITONâ„¢, HNBR, Hypalon, Neoprene, and Butyl elastomers.
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