TiO2 market analysis 20191131

First, Market Analysis

It was almost completed in November. It was identified as a weak titanium dioxide market after the Shanghai Coatings Exhibition. The end market has severely reduced prices, and the price market has become increasingly clear. Some manufacturers have adjusted their prices after the meeting. Panzhihua Haifengxin Chemical announced a rise of 200 yuan / ton against the trend, which aroused the attention of many people. The main reason for the increase is the high cost of raw materials and the shortage of spot supply in the market. The force is not strong, and the initial intention is obvious.

35 major global chemical companies third quarter 2019 results


All the data was gathered online


BASF, the world’s largest chemical company, announced its financial results for the third quarter of 2019, with total revenue of 15.23 billion euros (approximately $ 16.9 billion), a decrease of 2% year-on-year, mainly due to lower prices in the materials and chemical sectors. Uncertainty in the market and careful ordering by customers also played a role. Net income was 911 million euros, a year-on-year decrease of 24%. Earnings before interest and taxes (EBIT) excluding special items were 1.1 billion euros, a year-on-year decrease of 24%.

France to ban titanium dioxide whitener in food from 2020

PARIS (Reuters) - France will ban the use of titanium dioxide as a food additive from 2020 after the country’s health and safety agency said there was not enough evidence to guarantee the safety of the substance.

Titanium dioxide is widely used in industry as a whitener, notably for paint, and in the food sector, where it is labeled E171 and goes into products from chocolate to chewing gum.

EU Commission classifies titanium dioxide in powder form

On 4 October, the European Commission decided to classify titanium dioxide in powder form as a substance “suspected of causing cancer in humans”.

This follows an expert hearing (CARACAL) in September in which several EU Member States rejected the classification of titanium dioxide as a carcinogenic. In addition to being classified in category 2 as substance “suspected of causing cancer in humans”, the pigment is added to the list of substances under the Regulation on Classification, Labelling and Packaging of Substances and Mixtures (CLP).

New cost-saving durable anticorrosive and antibacterial coatings

Scientists recently prepared Na-P-zeolite from kaolin and subjected it to a cation-exchange process to achieve anticorrosive and antibacterial effects.

In a new work, Na-P-zeolite was prepared from kaolin and subjected to a cation-exchange process. Source: Coprid – stock.adobe.com.

Clariant expands catalyst production in China

Specialty chemicals company Clariant has announced a significant expansion of its catalyst production facility in Panjin, Liaoning Province in northeastern China.

MA is an important component of polymers and coatings for the construction, automotive, shipbuilding and energy industries. Source: ra2 studio – stock.adobe.com.
MA is an important component of polymers and coatings for the construction, automotive, shipbuilding and energy industries. Source: ra2 studio – st…
A double-digit million euro investment will further optimise the existing plant and enable the installation of a production line for Clariant’s maleic anhydride (MA) production catalysts. Production is expected to increase from 1.75 million tonnes in 2018 to 2.07 million tonnes in 2022. MA is an important component of polymers and coatings for the construction, automotive, shipbuilding and energy industries.

Majority of EU countries vote against Commission proposal on titanium dioxide classification

In an expert hearing (CARACAL) last week, several EU Member States rejected the classification of titanium dioxide as carcinogenic. However, the Commission has announced that it will continue the process anyway.
A total of nine EU Member States have rejected the regulatory package for various reasons. However, it is not the case that the rejecting countries all reject the classification for the same reasons. There are, for example, countries that tend to reject labelling in principle, but there are also a few that regard labelling as too lax.

On the other hand, six Member States voted in favour. The Commission’s current proposal provides that liquid mixtures should not be labelled, but powder coatings should be.

The Pigment and Colour Science Forum 2019& TiO2 world summit

1-2 October 2019 | Berlin, GermanyConnecting the entire Pigment and TiO2 supply chains 2019

Who Could You Meet?

Some industry giants announced price increases.

On the evening of September 3, CNNC HUAYUAN Titanium Dioxide Co., Ltd and Lomon Billions both announced that they raised the price of various types of titanium dioxide in the company, raising the domestic sales price by RMB 500/ton and the export price by USD 50/ton. The announcements all indicated that the adjustment of the price of this product will have a positive impact on the overall performance of the company.

At the beginning of August, the sales price of titanium dioxide has experienced a wave of rises. Companies such as CNNC HUAYUAN Titanium Dioxide Co., Ltd and Lomon Billions have announced that they will raise the price of their products. The domestic price will increase by RMB 500/ton, and the international customers will increase by RMB 50-80/ton.
lomonbillions announced price increases
Chinese titanium dioxide manufacture announced price increases

K-2019,Düsseldorf,Germany

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DÜSSELDORF, FAIR GROUND

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