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    Home > Coatings News > Paints and Coatings Market > Longbai Group: With the implementation of the dual control policy for environmental protection and energy consumption, the company, as one of the leading titanium dioxide producers, is expected to further increase its market share

    Longbai Group: With the implementation of the dual control policy for environmental protection and energy consumption, the company, as one of the leading titanium dioxide producers, is expected to further increase its market share

    • Last Update: 2021-12-25
    • Source: Internet
    • Author: User
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    Every time through the AI ​​Express, investors ask questions on the investor interactive platform: What do you think about the development of the titanium dioxide industry? What are your company’s responses? Longbai Group (002601.
    SZ) stated on the investor interactive platform on December 12 that the future is global Titanium dioxide production capacity will become increasingly concentrated.
    Titanium dioxide production enterprises with technological leadership will have more competitive strength, and enterprises with the entire industry chain will have more cost advantages and have more capacity to expand
    .
    In addition, with the implementation of the dual control policy for environmental protection and energy consumption, small and medium-sized enterprises that do not meet the requirements in the Chinese titanium dioxide market will also be forced to shut down or restrict production
    .
    As one of the leading titanium dioxide producers, the company is expected to continue to consolidate its competitive advantages and further increase its market share
    .
    The company's countermeasures mainly include: (1) Further expand the production capacity of titanium dioxide, especially the production capacity of the chlorination process, and consolidate its leading position in the industry; (2) Actively increase research and development efforts on the basis of the existing industrial coupling to reduce production costs , To ensure the supply of raw materials; (3) Relying on our industrial and technological advantages, extend to the upstream and downstream of the titanium industry chain such as titanium ore and titanium alloys, and further expand the product portfolio, including iron phosphate, lithium iron phosphate and graphite anode materials; ( 4) Continuously improve the company's comprehensive strength through mergers and acquisitions; (5) Integrate and optimize the sales network to enhance market service capabilities
    .
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