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LB Group titanium dioxide domestic price rose 700 yuan
According to the current market situation, LB Group decided to make the following adjustments to the product price: Since September 18, 2023, the company's sales price of titanium dioxide models on the basis of the original price for domestic customers increased by 700 yuan/ton, international customers increased by 100 dollars/ton.
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2023
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09
AkzoNobel builds 18,250 tons of high-performance coatings project!
Recently, the Suzhou High-tech Zone Management Committee issued the "Akzonobel Protective Coatings (Suzhou) Co., Ltd. added 18,250 tons of high-performance coatings and safety and environmental protection technology transformation project", it is understood that Akzonobel Protective Coatings (Suzhou) Co., Ltd. plans to transform the coating production line on the basis of existing projects, and add 18,250 tons of high-performance coatings after the transformation.
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Multiple factors support the stabilization and recovery of titanium dioxide prices, and enterprises are fully engaged in production to catch up with orders
As one of the important upstream raw materials for coatings, plastics and other industries, the price of titanium dioxide has continued to stabilize and rebound recently. Business data show that on September 11, titanium dioxide (rutile type) has risen 5.42% in the past 30 days (August 12 - September 11). Zhuo Chuang information titanium dioxide analyst Sun Wenjing said that the current change in the market price of titanium dioxide, is the maintenance rhythm in advance, low inventory, the downstream actively stockpiling and other reasons caused by the combined effect, is expected to the Mid-Autumn Festival and the National Day before the stocking stage, the price will be further strengthened. According to Sun Wenjing, at present, most titanium dioxide factories are still delivering early orders, the current inventory is low, manufacturers are willing to start more sufficient, and many manufacturers are in full capacity production.
13
Last week, the styrene market was stronger
Last week, the domestic styrene market was strong. International crude oil prices are rising, and cost support is strong; Coupled with the release of favorable policies for downstream terminal real estate, the replenishment demand of some enterprises has increased, the market performance is active, and the styrene market is strong and higher.
China Nuclear Titanium Dioxide: Achieved revenue of 2.214 billion yuan in the first half of the year Industrial upgrading is steadily advancing
CNNC released its first half annual report on the evening of August 29, during the reporting period, the company achieved operating income of 2.214 billion yuan, net profit attributable to shareholders of listed companies of 214 million yuan, and basic earnings per share of 0.0599 yuan.
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08
Titanium dioxide waiting for the recovery of the boom, Base lowered the titanium ore production guidance
Titanium dioxide price spread recovered month-on-month, and Base lowered its iron ore production guidance for Kenyan mines. According to the company's announcement, in 2023H1, the company's iron white powder/sponge titanium business revenue was 87.9/1.09 billion, -1%/+32% year-on-year, gross margin 25.8%/31.6%, year-on-year -9.1pct/+11.3pct, sales volume of 57.8/19,000 tons, year-on-year +23%/+32%, average price of 1.5/43,000 yuan/ton, year-on-year -20%/flat, the company produced 604,000 tons of titanium concentrate, year-on-year +26%, all self-use, Effectively guarantee the company's raw material supply.
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Anning shares: Vanadium ilmenite concentrate prices have recovered since August
Securities Times e Company News, Anning shares said a few days ago that the average price level of iron ore in the first half of the year showed a year-on-year decline, and the overall price trend showed a pullback and then rebound, and the shock range was less than in the past two years. In the future, with the gradual implementation of the national steel industry policy and macroeconomic promotion policy, infrastructure projects will start construction one after another, which will increase the demand for vanadium-containing steel and benefit vanadium ilmenite concentrate. Vanadium ilmenite concentrate prices have recovered since August.
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BASF is considering the sale of its catalysts business for €3 billion
According to Bloomberg, BASF has hired Morgan Stanley to help it evaluate and explore various options for its internal combustion engine catalyst business, including the possibility of a sale.
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