The advantages of the whole industrial chain of Longyuli take advantage of the wind and waves to speed up.

In recent years, the domestic titanium dioxide industry leader Longyu Lilian Group Co. , Ltd. project construction efforts increased, the capital market action is frequent, showing a clear trend of accelerating development, especially in this year by the new crown pneumonia epidemic under the great impact and impact, the performance of the upward trend, reflecting a strong competitive advantage and development potential, the market value of the stock price has reached new highs, by the market and investors widely concerned. To this end, the Securities Times e company reporter specially walked into the dragon's profit, the dragon's rapid development of competitive advantage and future growth space for in-depth exploration.
project for Wang to build the competitive advantage of the whole industry chain of chlorination method
Project construction is the source and driving force of enterprise development, speeding up project construction is an important way to "steady growth", is an important carrier to promote high-quality economic development

. In recent years, Long Yuli relies on the "advantage project investment construction and capital market expansion" two-legged walk, in titanium, tantail and other industrial areas of rapid deep cultivation and expansion, the successful implementation of 300,000 tons / year chlorination project, 500,000 tons / year Phangxi titanium essential mine Upgrading and transforming titanium chloride slag innovation project, annual output of 30,000 tons of titanium alloy new materials and distributed energy projects, 1 million tons / year high-salt wastewater depth treatment projects, the acquisition of Yunnan Xinli titanium industry and a series of major quality projects and achieved good results. In particular, the company's 300,000 tons / year chlorination project and the successful implementation of supporting projects, so that the company formed a "titanium essence - reduced titanium - high titanium slag - titanium dioxide" complete industrial chain, built China's largest production base of the entire industry chain chlorination method, not only continue to enhance the group's core competitiveness, but also greatly enhance the high-quality development potential of enterprises.
(300,000 tonnes/year chlorination project)
. In the interview, the reporter opened the long-term 2020 project construction schedule, a total of 164 items, including 60 projects under construction, research 54 items, design 41 items, completed 9 items. Among them, 80 items of safety and environmental protection category, 34 items of energy saving and consumption reduction category, 13 items of quality improvement category, 9 items of intelligent automation category, 28 items of expansion and production promotion category. A total of 71 major projects are planned, with a total planned investment of 11.891 billion yuan. These projects are clearly classified and focused, which is the key to achieving high-quality development and enhancing green competitiveness.
Recently, Long Yuli announced that the company and the Panzhihua Municipal People's Government successfully signed the "Panzhihua titanium magnetite resources integrated development of deep processing strategic cooperation framework agreement", will rely on the company's wholly-owned subsidiary "Sichuan Longyu Mining and Metallurgy Co., Ltd." On the basis of the achievements made in the comprehensive development and utilization of niobium titanium magnetite resources, we will increase the intensity of innovation and development, fully integrate into the construction of the Plyc National Strategic Resources Innovation and Development Pilot Zone, accelerate the comprehensive utilization of niobium-titanium magnetite resources and scientific and technological innovation, and promote the high-quality development of Python's titanium resources industry. It has been disclosed that Long yuli plans to invest a total of 14 billion yuan in the next 5 years, focusing on "high-quality use of Phang Cymodium resources for large-scale production of chlorinated titanium dioxide industry chain", the implementation of technological innovation and industrialization projects in phases, and strive to achieve industrialization within 5 years to achieve a breakthrough, 10 years to form a complete large-scale industrial production industry chain.
(500,000 tons / year PwC titanium essence upgrade conversion titanium chloride slag innovation project)
Long Yuli responsible person told reporters, "in Pance high-quality chloride slag industrialization conversion and mass production and large-scale chlorination titanium dioxide production and application of the successful basis, the company will steadily promote the extension of the chloride slag industry chain and deep processing projects." Project planning and feasibility study for 'Phangxi Titanium Essentials, Upgraded Acid-soluble Titanium Slag, High-Quality Chlorinated Slag, Complete Industrial Chain of Chlorinated Titanium White Powder' aimed at 200,000 tons of titanium chloride dioxide powder and high-salt wastewater treatment in the next two years, start construction in 2021,2 Completed and put into operation by the end of 2023 100,000 tons of titanium chloride white powder project, by the end of 2025 completed and put into operation 100,000 tons of chlorinated titanium dioxide project, a total investment of 3 billion yuan, forming a 'high-quality use of Phang Cymodium resources large-scale production of chlorinated titanium dioxide industry chain'. "In the view of the above-mentioned people in Longyuli, this company's large investment in Phang Ancey region, is in recent years the chlorination industry chain gradually improve the layout of the continuation.
It is learned that Long Yuli has two major production bases in Henan Ando and Yunnan Xinli have large boiling chlorinated furnaces 8, molten salt chlorinated furnaces 2, titanium tetrachloride production capacity of 2.4 million tons / year, and has formed a production capacity of 400,000 tons / year of titanium chloride white powder production scale. In the field of titanium industry, at present, Long Yuli has formed six production bases in four provinces, such as Henan Jiaozhu, Sichuan Deyang, Panzhihua, Hubei Puyang, Yunnan Xinli, etc., forming a whole industrial chain pattern of products such as titanium slag reduction, high titanium slag, synthetic redstone, to titanium sulfate, titanium chloride, titanium sponge and other products.
" this cooperation project with Panzhihua reached post-partum, the company will be from Henan Jiaoz and Yunnan Xinli two major chlorination production base, developed across Henan, Yunnan and Sichuan three chlorination production base, the annual production capacity will exceed 500,000 tons. Long Yuli said.
Gring development and cost-effectiveness to help enterprises improve their core competitiveness
raise the scale, reduce costs, less pollution, more energy conservation, is the core key words of LongYuLi in recent years to focus on the development of the main industry, strengthen the competitiveness of enterprises. Interview reporters learned that through continuous technological innovation and industrial chain advantages, in recent years, in the scale of continuous expansion at the same time, has gradually achieved the cost reduction and green production goals.
It is learned that through innovative research, the company successfully implemented chlorination method, sulfur-iron titanium co-production method clean production technology and "sulfur-chlorine coupling" green manufacturing technology, to achieve sulfuric acid, titanium dioxide, iron sulfate, iron oxide black, oxidationand other products of industrial co-production and the use of resources. At the same time, the company's first domestic titanium ore upgrade into chlorinated raw materials project, will break the current situation mainly dependent on imports.
"sulfur-chlorine coupling" green manufacturing technology mainly relies on "sulfur" "chlorine" two-line industry and technology base, through the production of coupling to form a material and energy recycling closed loop: sulfuric acid method for chlorination method to provide low-cost high-quality raw materials, while a large number of waste acid in the process to be fully utilized, greatly reducing solid waste emissions; The intensive use of raw materials and process by-product steam by two processes has become a key advantage in reducing production costs.
the effective implementation of this technology, the amount of electro-stone mud is greatly reduced, COD is reduced by about 75%, titanium gypsum emissions are reduced by 70%, and drainage is reduced by 40%-50%. This can greatly reduce the production cost of titanium dioxide chloride method, is to solve the immediate "sulfuric acid method solid waste, high cost of chlorination method" industry innovation, will eventually build a titanium dioxide-based, titanium alloy and 'titanium, titanium, iron, vanadium, ' and other elements of the comprehensive use of low-cost, low consumption, zero emissions of green high-quality industrial system.
the implementation of sulfur-chlorine coupling development technology, so that Longyuli has become a global leader in titanium dioxide manufacturing cost control, and completely solve the titanium dioxide industry, especially sulfuric acid technology "three high" problems.
", it is well known that the cost of titanium dioxide by chloride method is generally higher than the cost of titanium dioxide by sulphuric acid method of about 2000 yuan / ton. In recent years, through technological innovation and scale advantages, the company has successfully reduced the production cost level of titanium dioxide chloride method to close to the cost level of titanium dioxide by sulfate method, which is far lower than the cost level of chlorination method of domestic and foreign counterparts, which will undoubtedly enhance the future competitive advantage of enterprises and further strengthen the growth momentum of enterprises. "The above-mentioned person said.
(Deyang base drainage wetland park landscape)
around the "titanium industry chain" development of the main line, long-term lilian in the development of green production, promote the "circular economy" in the case can be seen everywhere. Among them, the exploration and implementation of distributed energy, high-salt wastewater depth treatment and other projects are the highlights of the project.
2018, the company has invested nearly 1 billion yuan to implement distributed energy projects, which are now about to go into production. The project uses clean energy natural gas as fuel, can provide sufficient high-pressure steam and electricity energy for strategic emerging industries such as long-term chlorinated titanium dioxide, sponge titanium and high-end titanium alloy, and can become an auxiliary thermoelectric center in the western industrial concentration area, not only realizing the graded gradient utilization of cold, hot and electricity, reducing the cost of electricity and gas consumption of enterprises, promoting the clean production of enterprises, and breaking the local monopoly, and enhancing the competitiveness of traditional industries and strategic industries. The company invested more than 300 million yuan to build a 1 million tons / year high-salt wastewater depth treatment project, is currently in trial production, the production process will produce chlorine gas, hydrochloric acid and caustic soda return to the production line recycling, so as to effectively reduce the comprehensive production costs of chlorinated titanium dioxide, greatly enhance market competitiveness.
(1 million tons / year high-salt wastewater deep treatment project)
the effective implementation of a series of innovative projects, in order to achieve cost-effective enterprises, improve the competitiveness of enterprises at the same time, but also promote the company's green environmental protection development. It is understood that in 2019, the company's COD emission reduction decreased by 1.85% YoY, ammonia nitrogen emissions decreased by 3.25% YoY, sulfur dioxide emission reduction decreased by 26.53% YoY, and nitrogen oxide emission reduction decreased by 6.46% YoY.
Mergers and acquisitions to learn from the international large chemical enterprise development road
the rapid growth and growth of enterprises, relying on their own accumulation and construction is obviously not enough, throughout the international large chemical enterprise development road, all are not relying on the continuous merger and reorganization of the rapid expansion, to vomit new, so that the rapid growth of enterprises at the same time, still maintain a "hundred-year-old shop" strong competitiveness, resource allocation is optimized, operating efficiency continues to improve.
years, Long Yuli has maintained its strategic development, always focusing its development on the high-quality development of titanium and titanium-related industries, and continuously improving the core capabilities of enterprises in this field. The company actively through capital mergers and acquisitions and investment projects to achieve "going out", in the domestic and international wider space for the optimal allocation of resources, not only objectively promote the domestic industry's standardized, orderly development, but also become the company's rapid expansion, to achieve leapfrog development of the winning magic weapon.
(2 x 50MW distributed energy project)
in the merger and acquisition work, as early as 2012, the company invested more than 100 million yuan, a complete set of acquisition of the German titanium dioxide company's chlorinated titanium dioxide production technology, so that enterprises in china earlier with advanced titanium chloride production technology and rapidly realize industrialization, in the development of the first opportunity. In 2014, the company for 10 million U.S. dollars to buy Huntsman TR52 high-grade ink-type titanium dioxide business, so that the enterprise for the first time with international standards of high-grade, dedicated titanium dioxide production capacity. As a result, the company ranks among the world's high-end titanium dioxide suppliers. In November 2015, the company acquired Rongjia industry with a capital increase of 19.18 million yuan, and used it as a platform to expand the production line of 20 tons/year oxidation to extract rare metals and extract rare metals from titanium dioxide production waste acid, as well as pentoxide, rare earth enrichment, etc., providing another reliable fulcum for the green development of the titanium industry.
same year, the acquisition of long-term titanium industry was completed through a non-public offering of shares, which is even more classic. The acquisition raised more than 10.2 billion yuan, becoming the largest typical case of Henan capital market financing in that year. Among them, about 9 billion yuan for the acquisition of the titanium industry equity, so that the company has become "Asia's first, the world's leading" titanium dioxide leading enterprises, to achieve the effective integration of industrial resources and efficient extension of the industrial chain. This has created the conditions for further building a global titanium chemical company with international competitiveness, improving the competitive landscape of China's titanium-white industry, and leading and enhancing the overall profitability of the industry.
the implementation of non-public stock issue projects is not only a turning point in strategic planning, but also a new starting point for development. In May 2019, the Company invested approximately 1.6 billion yuan to acquire a 98.39 percent stake in The New Li Titanium Industry held by Yunnan Metallurgical Group and to rapidly resume technical reform and production; % of the equity, become the largest shareholder of Oriental Zirconium Industry, in July 2020, the company and Jinchuan Group successfully signed a framework agreement on titanium industry cooperation, to invest 3 billion yuan in the existing idle assets of Jinchuan Group titanium plant, through filling and implementation of expansion, the formation of an annual output of 30,000 tons of sponge titanium production scale ...
. These are important decisions that companies make based on strategic needs and capacity-building. At present, the company's titanium dioxide production capacity among the world's top three, completed from titanium oxide to titanium industry chain extension, clear "titanium, tantalum coordination" of the new direction of industrial development. It is expected that in the next 3-5 years, the company's tantacer industry will move towards the forefront of the world's goals, and "titanium tantacer symbum, two-wing development" strategy to make the company among the ranks of large-scale international chemical enterprises.
the future growth space across the cycle is available
investment is the most important is alpha income, can seize the Tenbagger white horse leading shares, to achieve the return across the time cycle is every investor's dream. There is no good or bad industry or old and new, only competitiveness of the strong and weak contrast. With the accelerated pace of China's manufacturing transformation and upgrading and the capital market into a new wave of healthy development, in the next few years, China's traditional manufacturing industry will gradually emerge a number of high-growth enterprises, and those with core competitive advantage and embrace the huge market space of the leading enterprises are undoubtedly the winners.
company's past financial results show that since 2017 for the first time to break through the revenue of 10 billion yuan mark, the performance has always maintained a good trend of steady growth. In 2019, the Company achieved full-year operating income of RMB11.42 billion, up 8.20% YoY, and net profit of RMB2.589 billion, up 13.29% YoY. In the first quarter of 2020, in the face of the global epidemic, the company's operating results increased significantly year-on-year, with the production of titanium dioxide reaching 196.7 million tons in January-March, up 24% YoY;
is also worth noting, focusing on chlorinated titanium dioxide as the core, to expand the development of the entire industrial chain of long-term, the future growth space is more predictable.
known as "industrial MSG" titanium dioxide, widely used in coatings, plastics, paper, ink and other fields, the production of titanium dioxide sulfuric acid and chlorination two processes. Traditional sulfuric acid technology and technology, there are low quality, "three waste" emissions of large development difficulties, has been included in the national industrial restrictions directory. Chlorination technology is more green, waste slag emissions reduced by 80%, comprehensive energy saving 30%, water saving 50%, environmental benefits are very significant, while product quality is better. Domestic chlorination production capacity is currently only about 10%, and international chlorination capacity accounted for the vast majority.