Headlines
On 10 July, 2020, leading TiO2 enterprise announced to raise prices of its sulphate-process TiO2 by RMB500/t (USD70.71/t). There were over ten TiO2 enterprises announcing to increase TiO2 prices following the first price rise announcement of Taihai Technology in late June, marking a price hike in the TiO2 market.
In late July 2020, Yibin Tianyuan announced that the company's 50,000 t/a chloride-process TiO2 project with raised capital was completed and some parts of the project have been turned into fixed assets. The quality of the product put into the market won recognition from customers.
in mid-July 2020, several TiO2 enterprises announced their performance estimation in H1 2020. Net profits of Pangang Vanadium Titanium and GPRO Titanium are predicted to drop significantly YoY while Anhui Annada expects its net profits to rise by 40%-50% YoY.
In early July 2020, Lomon Billions signed the Panzhuhua Vanadic Titanomagnetite Resource Comprehensive Development Deep Processing Strategic Cooperation Framework Agreement with the People's Government of Panzhihua City, with total investment reaching USD1.98 billion (RMB14.00 billion).
In early July, Deputy Secretary of municipal committee together with other leaders ofMaanshan City conducted filed research on trial production of Goldstar Titanium's 200,000 t/a TiO2 post-processing project.
In early July 2020, the Department of Industry and Information Technology of Shandong Province publicised the Measures for Administration of Chemical Park Zones in Shandong Province (for Trial Implementation) for public consideration.
In late June 2020, Beacon Coatings received the Real Estate Property Certificate-the license of sea area use for its coating and resin project from the Real Estate Registration Centre ofTianjin Economic-Technological Development Area.
In early July 2020, many domestic TiO2 enterprises announced to raise TiO2 prices; however, domestic mainstream TiO2 quotations dropped in late July. CCM analyses the factors and predicts that TiO2 prices will inch up as market demands recover in Aug.
Table of Contents
Headline
Editor's Note
Column 1 Market Dynamics
TiO2 price hike comes
Anshan Hailiang continues suspending production of titanium sponge
Tianhe Titanium continues to reduce production of TiCl4
Jinan Yuxing's titanium gypsum utilisation project is put into production
Column 2 Company Dynamics
Yibin Tianyuan's 50,000 t/a chloride-process TiO2 project
Several TiO2 enterprises release performance estimation in H1 2020
Lomon Billions cooperates with Panzhihua government
Goldstar Titanium's 200,000 t/a TiO2 post-processing project
Yibin Tianyuan discloses 2020 semi-annual report
Lubei Chemical acquires Shandong Jinhai and Shandong Xianghai with RMB1.4
Lomon Billions and Jinchuan Group sign project of titanium industry
Column 3 Political Factors
Shandong releases administrative measures of chemical park zones
Hunan publicises relocation list of riverside chemical enterprises
Column 4 Downstream Industrial Information
Beacon Coatings' Nangang project to start construction
Hempel production base in Zhangjiagang
Jiangxi Tulian waterborne coating industry base starts construction
Nippon Paint Central China Production Base starts
Column 5 Price Update
TiO2 prices to edge up
Transaction prices of ilmenite in some areas in July 2020
