SMM News: Great Wisdom AAStocks Newswires November 13 hearing, China Coating Industry Association, Branch Secretary Guo Xinrong titanium dioxide industry on the 12th on the "titanium dioxide industry access" (revised edition) annotation and explanation, saying " access "concept by" threshold type "binding regulatory function to enhance the" screening "type guide the evaluation function. Analysis of the industry, after the access conditions improve, will promote the pace of corporate mergers and acquisitions titanium wire manufacturers dioxide.
China Coating Industry Association, SUN Lian-ying for great wisdom agency reports, the current Chinese titanium dioxide is facing many problems, there are still a lot of product structure unreasonable, companies should be how to transition, how restructuring efforts.
** Industry issues highlighted structural surplus, enterprises operating and profit situation is not optimistic **
It is reported that at present China has more than 50 manufacturers of titanium dioxide, are distributed throughout the country, including a large number of small and medium enterprises focused on the lack of resources in the eastern region. And our resources are mainly concentrated in the perovskite Southwest, the nation's largest manufacturer of titanium sheet suppliers dioxide, Sichuan Lomon current production capacity is only 300,000 tons, 100,000 tons more than the domestic producers of titanium dioxide is only nine, the whole industry is still in a relatively decentralized development period.
China Coating Industry Association branch chairman 谢湘云 titanium dioxide industry, said at the meeting that this year, the slow growth of domestic demand for titanium dioxide, titanium dioxide production capacity continues to grow, a larger increase in imports, the structural problem of excess increasingly prominent; Meanwhile, titanium dioxide Overall prices in the down channel, the current price of titanium dioxide compared with earlier this year has fallen by 15%.
In addition, the domestic titanium dioxide enterprises operating conditions and profitability are not optimistic. Xiexiang Yun said, according to statistics, this year the domestic titanium dioxide enterprises operating rate of about 66% capacity utilization rate of 95% titanium business, slag enterprises operating rate of about 35 percent, this year there are more than 20% of earnings, other titanium dioxide enterprises are operating very difficult.
On the other hand, titanium dioxide industry is also facing increasingly severe environmental problems. "With the exposure of titanium dioxide pollution incidents, environmental policy tightening is expected to become more intense, more and more efforts to stop production for rectification, the adjustment of industrial structure upgrading is increasing." Well, general manager of the supermarket pigment Shanghai Cai Xu Bo said, " to the capacity is expected to achieve a certain degree. "
** Titanium mergers will accelerate the pace of restructuring **
It is reported that, "the titanium shaft dioxide industry access conditions" during the "Eleventh Five-Year" in order to "control the increment, optimize inventory," as the leading national industrial policy system titanium dioxide, an important part of the management and control policy.
Guo Xinrong said titanium dioxide industry is associated with the terms of the "titanium dioxide industry access" in "access" concept gives the height of new policies and requirements that enhance the "barriers to entry" restricted property "normative standard" adjustment of operational guidance and regulations.
In response, industry analysts believe that this will further promote domestic titanium dioxide pace of corporate mergers and acquisitions.
"According to the experience of other countries, titanium dioxide industry mergers and acquisitions is the trend towards centralization in the next 5 to 10 years, mergers and acquisitions dioxide enterprises will become more frequent, domestic bound to occur 3 to 5 more than 300,000 tons titanium dioxide business. "Cai Xu Bo said," our titanium dioxide business is business model from extensive to intensive, intensive manufacturing operations paradigm shift. "
He is expected, with environmental upgrades, titanium dioxide industry and the US and Europe is bound to go through the same process of production, increase the proportion of the birth of industry upgrading chlorination, industry concentration increase, leading enterprises have the right to speak to gradually appear.
Deng Jie Beijing Oriental Horizon Technology Development Co., Ltd., general manager also held the same view. In his view, from the formal point of view, there is potential for 15-20 furniture manufacturers will gradually formed; and from the scale, will give rise to the leading multinational and Chinese industrial cluster shape, size and form of titanium dioxide chloride process more than 100,000 tons production.
