Six companies expanded their production of titanium dioxide by 430,000 tons during the year, and the demand is expected to remain strong next year

Since the beginning of the year, the price, volume and price of titanium dioxide have risen.
Domestic titanium dioxide companies have maintained full production, and the supply is still in short supply.
Many listed companies have announced the expansion of titanium dioxide production capacity during the year
.
On November 29, Lubei Chemical issued an announcement stating that the 100,000-ton rutile-type titanium dioxide invested and constructed by its wholly-owned subsidiary, Jinhai Titanium Industry, has moved into the park and the comprehensive technical transformation project has completed the main body construction and equipment installation and commissioning.
It will enter the trial run phase in October 2021, and the project has been officially put into production
.
The announcement shows that the project uses mature sulfuric acid production technology, with a total budget of 819 million yuan
.
After the project reaches production capacity, it will be able to add 100,000 tons of rutile titanium dioxide production capacity each year, increasing the company's titanium dioxide production capacity to over 200,000 tons per year
.
In addition, China and Foreign Coatings Network noted that Longbai Group, China Nuclear Titanium Dioxide, Tianyuan Co.
, Ltd.
, Huiyun Titanium Industry, Kuncai Technology and other companies also have expansion plans this year, and some companies have completed the first phase of the expansion project
.
Longbai Group: On October 25, Longbai Group issued an investment announcement
.
Sichuan Longmang Mining and Metallurgy Co.
, Ltd.
, a wholly-owned subsidiary of the company, plans to invest in the construction of a comprehensive recovery demonstration project of 200,000 tons of titanium dioxide chloride, vanadium and scandium and other rare metals (supporting a 1 million tons of high-salt wastewater treatment project)
.
The announcement shows that the project is expected to have a total investment of 3.
5 billion yuan and a construction period of 4 years and 6 months
.
After the project is completed, it will annually produce 200,000 tons of high-grade titanium dioxide, 43,000 tons of hydrochloric acid, 100,000 tons of caustic soda, 400 tons of vanadium pentoxide, and 20 tons of scandium oxide
.
The implementation of this project will expand the production capacity of the chlorination process, consolidate Longbai Group’s first-mover advantage in the domestic chlorination process titanium dioxide industry, optimize product structure, enhance market competitiveness, and increase market share, which will become the company’s new profit growth in the future Point
.
Zhongnuo Titanium Dioxide: On February 3, China Nuclear Titanium Dioxide issued multiple announcements stating that the company intends to build a “resource comprehensive utilization project” and “recycling titanium dioxide through its wholly-owned subsidiary Gansu Dongfang Titanium Industry Co.
, Ltd.
(hereinafter referred to as “Orient Titanium Industry”).
Deep processing project"
.
The two projects are planned to invest 932 million yuan and 979 million yuan respectively.
The project implementation sites are located in the Fine Chemical Park of Baiyin National High-tech Industrial Development Zone, Baiyin City, Gansu Province
.
According to the announcement, the "Resources Comprehensive Utilization Project" plans to build a crude titanium dioxide production line with an annual output of 200,000 tons and supporting ancillary projects.
It is planned to start in April 2021.
The construction period will not exceed 24 months from the start of construction.
The estimated annual profit is 320 million.
Yuan
.
The "Recycled Titanium Dioxide Deep Processing Project" mainly constructs an annual production line of 300,000 tons of titanium dioxide finished products and supporting ancillary projects.
The project has started construction.
In June 2022, it will realize the deep processing scale of 150,000 tons of finished products.
In June 2023, it will realize the deep processing of 300,000 tons of finished products.
Scale, with an estimated annual profit of 320 million yuan
.
Tianyuan shares: On April 28, according to the 2020 financial report of Tianyuan shares, the first phase of the company's chlorinated titanium dioxide project with an annual output of 50,000 tons has been completed and put into production.
The product quality has been continuously improved and the market has performed well
.
The company is speeding up the work process of the localization of raw materials.
While increasing the titanium tetrachloride device, the second phase of the expansion project with an annual output of 50,000 tons of chlorinated titanium dioxide has started
.
Sino-Foreign Coatings Network recently learned that the second phase of the expansion project of Tianyuan Co.
, Ltd.
with an annual output of 50,000 tons of chlorinated titanium dioxide has been completed and is currently in the commissioning stage
.
Huiyun Titanium Industry: On April 2, Huiyun Titanium Industry issued an announcement stating that the company’s fundraising project "80,000 tons/year plastic grade rutile titanium dioxide post-processing transformation and expansion project" phase one project (post-processing capacity is about 3 10,000 tons) has completed the trial production and commissioning stage, and the production line has officially reached production recently.
The company will go through the acceptance procedures in accordance with relevant regulations in the future
.
Kuncai Technology :According to the semi-annual report, the company has built a production capacity of 200,000 tons of extraction titanium dioxide and has completed trial production.
At present, the company's phone call will reveal that another 300,000 tons of production capacity has been built
.
Only six years, a total of titanium dioxide companies to build new production capacity 430,000 tons of titanium dioxide, plans to expand production capacity of 148 Wan Dun
.
It is not difficult to see from the expansion layout of leading companies that the demand for the titanium dioxide industry will further increase in the future
.
With the steady growth of the national economy and the continuous development of downstream applications, the market demand for titanium dioxide is showing a growth trend
.
In 2020, the apparent demand for titanium dioxide in China will increase from 1.
475 million tons in 2010 to 2.
4662 million tons, with a compound annual growth rate of approximately 5.
27%
.
In addition, thanks to the improvement in quality brought about by the upgrading of domestic titanium dioxide production enterprises, domestic titanium dioxide has seized a part of the foreign mid-to-high-end market in recent years, and the export scale of China's titanium dioxide has shown a steady growth trend
.
According to China’s customs statistics, from 2011 to 2020, China’s annual export volume of titanium dioxide rose from 398,100 tons to 1.
2141 million tons, and its annual import volume dropped from 228,600 tons to 168,300 tons.
The import and export trade surplus continued to expand; This further supports the high prosperity of the domestic titanium dioxide industry
.
On November 27th, "Titanium Dioxide Leading" Longbai Group stated on the interactive platform that the company expects that the market consumption of titanium dioxide, titanium sponge and other products will continue to grow next year, and the overall market still has good development prospects
.
Wang Dawei, a senior observer in the coatings industry, believes that under the high requirements of national industrial policies and environmental protection policies, the barriers to entry in the titanium dioxide industry continue to increase, and small titanium dioxide companies will be Concentration will continue to increase
.
Although a certain amount of titanium dioxide production capacity will be released in the next two years, from a global perspective, the market demand for titanium dioxide is still strong, and it is expected that the price of titanium dioxide will not drop significantly in the future
.
On the one hand, domestic production has cost advantages and environmental protection advantages, and it is a long-term and stable trend for export to replace foreign titanium dioxide
.
On the other hand, in the future, titanium dioxide can be used as a substitute for lead powder, lithopone powder and other products, broadening the use of titanium dioxide
.
In addition, the price of titanium ore and sulfuric acid in the upstream of titanium dioxide has increased significantly recently, which further provides stable support for the price of titanium dioxide to maintain a high level
.