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    Home > Coatings News > Paints and Coatings Market > China Nuclear Titanium White intends to build the largest single-body titanium dioxide base in the world.

    China Nuclear Titanium White intends to build the largest single-body titanium dioxide base in the world.

    • Last Update: 2020-10-19
    • Source: Internet
    • Author: User
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    Recently, China Nuclear Titanium White announced that the company and the Silver City People's Government signed a "project construction cooperation agreement", plans to build 500,000 tons of clean production process resources in the Silver High-technology Zone Yindong Industrial Park integrated utilization project, the total investment is expected to be 6 billion yuan.
    project, marking the birth of the world's largest single production base of titanium dioxide in the silver market.
    " after the next three to five years of efforts, together with the production capacity has been formed outside the province, the nuclear titanium white will form 'three hundred', that is, sales revenue of more than 10 billion, net assets of more than 10 billion, titanium dioxide annual production capacity of more than one million tons, become the world's largest titanium industry high-end manufacturing technology enterprises.
    " in the nuclear titanium white actual controller, Venus titanium industry chairman said.
    production capacity will be further expanded to achieve annual sales revenue of 8.04 billion yuan it is learned that 500,000 tons of clean production process resources integrated utilization project construction will adopt a phased construction model, a total of three stages.
    Among them, the first phase of 100,000 tons has been completed and put into operation, forming an asset size of about 2 billion yuan;
    Nuclear Titanium White insiders, the entire project is expected to be completed by the end of 2025, after completion will form 500,000 tons / year of titanium dioxide crude production capacity, 200,000 tons of titanium dioxide finished production capacity, put into operation is expected to achieve annual sales revenue of 8.04 billion yuan.
    nuclear titanium white is mainly engaged in the goldstone-type titanium dioxide, iron oxide pigment research and development, production and sales, is the earliest from abroad to introduce a full set of gold-redstone-type titanium dioxide production technology enterprises.
    company has Venus titanium white, Hecheng titanium industry and Oriental titanium industry three titanium dioxide production base, the current annual output of 330,000 tons of crude, 400,000 tons of finished products production capacity scale, production and sales ranked second in the country.
    company insider introduction:
    In the future, the consumption of titanium dioxide will be with people's awareness of environmental protection and the pursuit of improving the quality of life and rapid increase, the overall market demand is strong."
    the project reached production, the company's titanium dioxide production capacity will be further expanded, can help us meet market demand, for the company to bring good economic benefits.
    the completion and commissioning of the
    " project, we will gradually achieve the Group's annual output of 1 million tons of titanium dioxide target, it is expected that million tons of titanium dioxide sales will bring the company nearly 2 billion yuan of annual cash flow.
    " titanium dioxide market demand to restore product prices rose twice in a month as the world's best performance of white pigments, in recent years, titanium dioxide production and consumption increased year by year, China has become the world's largest production and consumption of titanium dioxide.
    According to statistics from the Titanium White Sub-center of the National Chemical Industry Productivity Promotion Center, in 2019, the combined output of 41 all-process titanium dioxide enterprises in China reached 3.18 million tons, an increase of 226,000 tons, or 7.69 percent.
    The overall scale of titanium dioxide industry for many years ranked first in the world, production equipment, process technology and product quality and other comprehensive productivity level has been significantly improved, products can not only meet domestic demand, but also a large number of exports to the international market, according to customs statistics, in 2019, China's exports of titanium dioxide nearly 1 million tons, an increase of nearly 10.47 percent over the previous year.
    2020, except in February due to the outbreak and the Spring Festival, domestic construction is insufficient, production has fallen sharply, and production has increased in the rest of the month.
    first half of 2020, total titanium dioxide production was 1.6219 million tons, up 5% year-on-year.
    into the second half of the year, titanium dioxide industry ushered in a peak season, domestic titanium dioxide products set off a wave of price increases.
    nuclear titanium white also raised the price of products on July 13 and August 7, respectively, domestic and international customers to increase the export sales price of 1000 yuan / ton and 160 U.S. dollars / ton.
    less than a month before and after the price increase.
    about the increase in the price of titanium dioxide, Wang Quan, a researcher and senior economist at a head asset management institution, told Securities Daily: "I think there are four main factors in the price increase of titanium dioxide."
    First, the continued tight supply of titanium essentials led to price increases;
    " demand has led to a gradual increase in the number of orders for chinese nuclear titanium whites.
    as of June 4, 2020, the total amount of sales contracts being executed by China Nuclear Titanium White and its holding subsidiaries amounted to 247 million yuan.
    the first quarter of this year, the Company achieved operating income of RMB827 million, up 1.02% YoY, and net profit attributable to shareholders of listed companies was RMB162 million, up 50.12% YoY.
    .
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