Transcript of "Find hot news in titanium dioxide china monthly report 1312"
Find Hot News in Titanium Dioxide China Monthly Report 1312
Tag: TiO2, Price, Import volume, Export volume, Trend, Production, Sichuan Lomon, Henan
Billions, DuPont, Huntsman Corporation, Coatings, Titanium feedstock
Summary: Titanium Dioxide China Monthly Report offers timely update and close follow up
of China’s various kind of Titanium Dioxide market dynamics.
Published on the 25th every month, Titanium Dioxide China Monthly Report is a monthly
publication released by CCM. It offers timely update and close follow up of China’s various kind of
Titanium Dioxide market dynamics, analyze the market data and trends. TiO2 China Monthly
Report will provide intelligence of Chinese TiO2 industry, including supply/demand, company
dynamics, raw material supply, etc, and the latest policies and technological progress to facilitate
your search for commercial opportunities in this promising market.
Following are headline news of the Titanium Dioxide China Monthly Report:
Zhejiang Transfar to acquire Transfar Coating's 100% equity
Zhejiang Transfar to acquire Transfar Coating's 100% equity with a transaction value of
USD12.21 million. The acquisition is a horizontal integration, and is expected to create synergy
and improve efficiency.
Domestic automobile output is expected to reach 22 million units in 2013
2013 domestic auto output is expected to reach 22 million units. However, local governments'
controls on vehicle purchases will affect the development of the auto industry in the future.
Domestic TiO2 price declined massively from mid-Nov. to mid-Dec.
Domestic TiO2 price declined massively at the end of 2013 as the producers have taken a low
price strategy to achieve their 2013 sale goals.
Tianyuan Group to enter the titanium industry for new growth point
Tianyuan Group is targeting synthetic rutile as a new growth point amidst the sluggish chlor-alkali
Domestic TiO2 price likely to keep steady in 2014
Domestic TiO2 market will likely keep steady without large fluctuations in 2014, mainly because
of the lack of obvious driving factors.
TiO2 import price declined slightly while the export price enjoyed a rare increase in Oct.
Both the import volume and export volume of TiO2 declined in Oct. The export price of TiO2
enjoyed a rare MoM growth, while the import price declined slightly. The total export volume for
2013 is likely to exceed that of 2012, which will help to relieve the high inventories in the domestic
Capchem plans to acquire Supe Chemical's 56.92% equities
Capchem plans to acquire a 56.92% share of Supe Chemical in order to enter the coating &
Luohe Xingmao starts the bidding on its second phase of chloride process TiO2 project
The first phase of Luohe Xingmao's chloride process TiO2 project, which has a production
capacity of 60,000 t/a, has been completed and the bidding process of the second phase has
been started. However, some technical issues may still exist.
Titanium feedstock imports returned to normal while domestic production increased
Both the domestic production and import volume dramatically increased MoM, pushing up the
supply of titanium feedstock in Oct. However, the average import price fell 27.15% MoM to
USD195/t. The total supply of titanium feedstock in China increased by 53.15% MoM, which was
mainly due to rising operating rates.
TiO2 companies expand despite the market downturn
Some domestic listed TiO2 companies are opting to expand during this current downtrend.
Although this strategy may pay off if the market improves in the future, it is fraught with risk.
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