Reporter Li Junming from Xi'an
at the bottom of the industry
has shown signs of recovery, and the industry reshuffle is also intensifying.
announced on March 17 that the company achieved revenue of RMB2,051 million in 2014, up 19.09 percent from the previous year, and net profit attributable to shareholders of listed companies was RMB63,140.8 million, up 167.82 percent from the previous year.
more than three years of adjustment and shuffle period, titanium dioxide enterprises finally in 2014 played a "turning war." In addition to Yulilian, the profits of two A-share listed companies, China Nuclear Titanium White and Anadarium, which are mainly based on titanium dioxide, also rose sharply.
by a reporter from the Daily Economic News, the three companies did not see a big increase in revenue, but a big increase in earnings. The company's profit rose by a larger percentage from a year earlier, mainly due to higher sales of titanium dioxide and lower raw material prices, resulting in higher gross margins, the company said.
coating, titanium dioxide is widely used in the field of home wear, but with the real estate market lower, titanium white powder industry has also been affected. ZhuoTron information titanium dioxide industry analyst Yan Jianwei told the Daily Economic News reporter, titanium white powder industry has experienced more than 3 years of adjustment. Since the first half of 2014, the price of titanium dioxide has ended a two-year period of decline, and the market has rebounded.
Jianwei also told reporters that the market squeeze and chlorination legal titanium dioxide method of the technical threshold, so that small and medium-sized enterprises have been gradually shuffle out.
current methods of producing titanium dioxide are sulfuric acid and chlorination. Titanium dioxide by sulphuric acid method due to the production process discharge of a large number of acidic waste water, waste residue and exhaust gas, in recent years has been included in the industrial structure adjustment of the restricted category directory. "In fact, the current production process of sulphuric acid is no longer approved, " said one titanium dioxide industry source. In
addition, Mr. Been said, restrictions on market conditions and production access would speed up the industry shuffle, with more small and medium-sized titanium dioxide powder washed out. But the market share of several leading companies will expand and output will be more refined. For the whole titanium dioxide industry, it is also a good.