Some major events in the titanium dioxide industry in 2018
2018 Huai'an Feiyang 100,000 tons of chlorinated titanium dioxide project will start
In January 2018, Yang Wenzan, chairman of Jiangsu Feiyang Titanium Dioxide Group Co., Ltd. said that in 2018, Feiyang will launch a new 100,000 tons of chlorinated titanium dioxide project to ensure the completion of sales revenue of 300 million yuan in 2018. The tax is 21 million yuan.
Long Yuli teamed up with a capital of 1 billion industrial funds to integrate titanium dioxide business
On February 14th, Longli announced today that in order to realize the strategic layout of the company in the field of titanium dioxide, the company plans to jointly invest in the establishment of an industrial investment fund with Shanghai Sailing Capital Management Co., Ltd. (referred to as “赛领资本â€). Yulilian Industrial Investment Fund Partnership (Limited Partnership), which is based on the company's main business, to achieve the company's strategic objectives, the fund's target size of 1.01 billion yuan, the fund will be built around the company's existing business expansion and extension External mergers and acquisitions and investment business.
On the same day, Long Yuli also announced that according to strategic planning and business development needs, the company's controlling subsidiary Henan Yulilian New Materials Co., Ltd. (referred to as “new materials companyâ€) is planned to be in the existing phase I chlorination titanium dioxide production plant. Use the reserved site to build a 200,000 tons/year chlorination titanium dioxide project. The total construction period of the project is 2 years, and the total investment is estimated to be 1.811 billion.
Long Yuli acquires Anning Iron and Titanium, and the concentration of titanium dioxide industry accelerates
Long Yuli announced on March 19 that the company intends to purchase Sichuan Anning Iron and Titanium Co., Ltd. (referred to as Chengdu Zidong Investment Co., Ltd., Luoyang Yong, Luo Hongyou, etc.) through the combination of issuing shares and paying cash. “Anning Iron and Titaniumâ€) 100% equity, and raised matching funds. The company's stock has been suspended since March 19, and the company promised to suspend the trading for no more than one month.
According to the "Trade Letter of Intent" signed by both parties, the overall transaction price of the underlying asset Anning Titanium is between RMB 4.5 billion and RMB 5 billion. The company intends to pay 85% of the transaction consideration by way of issuing shares and pay 15% of the transaction price in cash. . The counterparty promised that the net profit attributable to the parent company after the deduction of the iron and titanium from 2018 to 2020 was initially determined to total 1.23 billion yuan.
Jinan Yuxing rutile titanium dioxide project B production line project completed environmental protection acceptance information publicity
In March 2018, according to the Interim Measures for Environmental Protection Acceptance of Construction Projects (Guohuan Environmental Impact Assessment [2017] No. 4), Jinan Yuxing Chemical Co., Ltd. rutile type titanium dioxide project B production line, sulphur-based sulphuric acid plant and waste The environmental protection acceptance data for the completion of the acid concentrator project was publicized.
The United States imposes 200 billion commodity tariffs on China
The United States announced that it will impose tariffs on China's 200 billion goods, including titanium dioxide.
China plans to impose 25% and 10% tariffs on US imports of titanium ore and titanium dioxide
In response to the US announcement of a 10% tariff list for China’s $200 billion product, it is proposed to increase the tax rate from 10% to 25%. The Ministry of Commerce announced that it will legally import about US$60 billion from the United States. The products are subject to tariffs, and the products are subject to tariffs at four different rates. Among them, titanium ore imported from the United States will be subject to a 25% tariff; titanium dioxide imported from the United States will be subject to a 10% tariff, and the above-mentioned tariff increase measures will be implemented immediately after the US imposes tariffs.
Indian port strikes
The Indian Port Workers Federation called for a strike, and all major ports and dock workers in India made a one-day protest strike on May 28. The reason for the strike was that workers asked for a reasonable adjustment in their pensions and wages.
Venator announces plans to close Finnish Pori Titanium Powder Factory
Venator announced its intention to close the Pori Titanium dioxide plant in Finland and transfer the technology to other places; the plant will continue to operate with a capacity of approximately 25 kt (20% of total production) and production will be reduced until 2021.
Tianyuan Group re-invested 50,000 tons of chlorinated titanium dioxide production capacity
Tianyuan Group announced on the evening of March 23 that it plans to invest 50,000 tons of chlorinated titanium dioxide per year with self-raised funds. In addition, the company invested 50,000 tons of chlorinated titanium dioxide, the company's total investment in the construction of chlorinated titanium dioxide capacity of 100,000 tons.
Longli plans to invest 5 billion yuan in the next five years around the chlorinated titanium dioxide industry chain
Long Yuli Announcement: The company recently signed a strategic cooperation framework agreement with the Panzhihua Municipal People's Government. The company plans to invest a total of 5 billion yuan in the next five years, focusing on the high-quality use of Panxi titanium resources for large-scale production of chlorinated titanium dioxide. The industrial chain will implement technological innovation and industrialization projects in phases and in batches, strive to achieve breakthroughs in industrialization transformation within 5 years, and form a complete large-scale industrial production industrial chain within 10 years.
In January 2018, Yang Wenzan, chairman of Jiangsu Feiyang Titanium Dioxide Group Co., Ltd. said that in 2018, Feiyang will launch a new 100,000 tons of chlorinated titanium dioxide project to ensure the completion of sales revenue of 300 million yuan in 2018. The tax is 21 million yuan.
Long Yuli teamed up with a capital of 1 billion industrial funds to integrate titanium dioxide business
On February 14th, Longli announced today that in order to realize the strategic layout of the company in the field of titanium dioxide, the company plans to jointly invest in the establishment of an industrial investment fund with Shanghai Sailing Capital Management Co., Ltd. (referred to as “赛领资本â€). Yulilian Industrial Investment Fund Partnership (Limited Partnership), which is based on the company's main business, to achieve the company's strategic objectives, the fund's target size of 1.01 billion yuan, the fund will be built around the company's existing business expansion and extension External mergers and acquisitions and investment business.
On the same day, Long Yuli also announced that according to strategic planning and business development needs, the company's controlling subsidiary Henan Yulilian New Materials Co., Ltd. (referred to as “new materials companyâ€) is planned to be in the existing phase I chlorination titanium dioxide production plant. Use the reserved site to build a 200,000 tons/year chlorination titanium dioxide project. The total construction period of the project is 2 years, and the total investment is estimated to be 1.811 billion.
Long Yuli acquires Anning Iron and Titanium, and the concentration of titanium dioxide industry accelerates
Long Yuli announced on March 19 that the company intends to purchase Sichuan Anning Iron and Titanium Co., Ltd. (referred to as Chengdu Zidong Investment Co., Ltd., Luoyang Yong, Luo Hongyou, etc.) through the combination of issuing shares and paying cash. “Anning Iron and Titaniumâ€) 100% equity, and raised matching funds. The company's stock has been suspended since March 19, and the company promised to suspend the trading for no more than one month.
According to the "Trade Letter of Intent" signed by both parties, the overall transaction price of the underlying asset Anning Titanium is between RMB 4.5 billion and RMB 5 billion. The company intends to pay 85% of the transaction consideration by way of issuing shares and pay 15% of the transaction price in cash. . The counterparty promised that the net profit attributable to the parent company after the deduction of the iron and titanium from 2018 to 2020 was initially determined to total 1.23 billion yuan.
Jinan Yuxing rutile titanium dioxide project B production line project completed environmental protection acceptance information publicity
In March 2018, according to the Interim Measures for Environmental Protection Acceptance of Construction Projects (Guohuan Environmental Impact Assessment [2017] No. 4), Jinan Yuxing Chemical Co., Ltd. rutile type titanium dioxide project B production line, sulphur-based sulphuric acid plant and waste The environmental protection acceptance data for the completion of the acid concentrator project was publicized.
The United States imposes 200 billion commodity tariffs on China
The United States announced that it will impose tariffs on China's 200 billion goods, including titanium dioxide.
China plans to impose 25% and 10% tariffs on US imports of titanium ore and titanium dioxide
In response to the US announcement of a 10% tariff list for China’s $200 billion product, it is proposed to increase the tax rate from 10% to 25%. The Ministry of Commerce announced that it will legally import about US$60 billion from the United States. The products are subject to tariffs, and the products are subject to tariffs at four different rates. Among them, titanium ore imported from the United States will be subject to a 25% tariff; titanium dioxide imported from the United States will be subject to a 10% tariff, and the above-mentioned tariff increase measures will be implemented immediately after the US imposes tariffs.
Indian port strikes
The Indian Port Workers Federation called for a strike, and all major ports and dock workers in India made a one-day protest strike on May 28. The reason for the strike was that workers asked for a reasonable adjustment in their pensions and wages.
Venator announces plans to close Finnish Pori Titanium Powder Factory
Venator announced its intention to close the Pori Titanium dioxide plant in Finland and transfer the technology to other places; the plant will continue to operate with a capacity of approximately 25 kt (20% of total production) and production will be reduced until 2021.
Tianyuan Group re-invested 50,000 tons of chlorinated titanium dioxide production capacity
Tianyuan Group announced on the evening of March 23 that it plans to invest 50,000 tons of chlorinated titanium dioxide per year with self-raised funds. In addition, the company invested 50,000 tons of chlorinated titanium dioxide, the company's total investment in the construction of chlorinated titanium dioxide capacity of 100,000 tons.
Longli plans to invest 5 billion yuan in the next five years around the chlorinated titanium dioxide industry chain
Long Yuli Announcement: The company recently signed a strategic cooperation framework agreement with the Panzhihua Municipal People's Government. The company plans to invest a total of 5 billion yuan in the next five years, focusing on the high-quality use of Panxi titanium resources for large-scale production of chlorinated titanium dioxide. The industrial chain will implement technological innovation and industrialization projects in phases and in batches, strive to achieve breakthroughs in industrialization transformation within 5 years, and form a complete large-scale industrial production industrial chain within 10 years.
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