China Fluoride Materials Monthly Report 1204 - Annual Subscription
by ReportLinker.com on May 10, 2012
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Dongyue Group plans to acquire two mining areas'exploration licenses for obtaining more fluoriteresource.Zhejiang Juhua planed to construct an HFC-125production line with capacity of 10,000t/a ...
Dongyue Group plans to acquire two mining areas'exploration licenses for obtaining more fluoriteresource.Zhejiang Juhua planed to construct an HFC-125production line with capacity of 10,000t/a withHoneywell International's production technique.Production line of HFO-1234yf has been launched inChina, and it is able to satisfy global demand of HFO-1234yf.Domestic price of HFC-134a will fall slightly in thesecond quarter of 2012.Zhejiang Yongtai completes the acquisition of 20%share of Yongfei Chemical, obtaining the source of itsupstream material and extends its fluoride productportfolio.The average price of aluminum fluoride in Chinaremains low and it's unlikely to rise in a short time.Driven by the booming market, resource advantage andand Chinese government's encourage, China's PVDFindustry will maintain rapid growth during the 12th FiveyearPlan Period (2011-2015).The domestic price of PTFE remains low and the trendof it is still downward.Sannong develops towards fluorides industry, whosedecision matches its development direction and gainssupportings from local government .Because of good quality and price advantage, domesticPTFE fiber will substitute imported product foot by foot.In 2011, DFD achieves USD16.58 million of operatingprofit, doubling that in 2010 and LiPF6 has been itsnew point of profit growth in the future.ANOKY plans to purchase Color Root Hubei, which isthe only fluorine-containing reactive dyes producer inChina.Chinese government has promulgated some policies and legislations, such as the Guided Catalogue for Industrial Structure Adjustment (2011) and the 12th Five-year Development Plan of China Fluorine Chemical Industry (2011-2015), to encourage the development of fluoropolymer industry in China. Driven by the booming market, resource advantage and Chinese government's encourage, Chinese fluoropolymer industry attracts more and more foreign investment in resent years. Especially in Chinese PVDF industry, some multinationals have planned to invest in it and it will maintain rapid growth in the 12th Five-year Plan Period. Simultaneously, driven by the soaring price and tight supply of fluorite from 2010 to 2011, many fluoride companies are seeking for upstream integration. In March 2012, Dongyue Group claimed that the company is in the process of acquiring two mining areas' exploration licenses in Wulate Middle Banner, Bayannaoer City, Inner Mongolia. In addition, Zhejiang Yongtai released that the company had completed the acquisition of 20% share of Yongfei Chemical, who is specialized in the manufacturing and sale of HF. However, influenced by the depression of economy at home and abroad, the market situation of fluorine chemical downstream industries is dismal, which leads to the week demand for most fluorite chemicals from January to March 2012. In March 2012, the prices of most fluorite chemicals keep falling.