September 27, 2024 – The chemical industry has witnessed robust displays of strength and future planning from several enterprises in the realm of titanium dioxide and related fields. Leading the charge in new material research and manufacturing, Lomon Billions Group boasts an impressive annual titanium dioxide production capacity of 1.51 million tons and a sponge titanium capacity of 80,000 tons, both ranking at the forefront globally. The group’s prowess extends to the lithium-ion battery material sector, with a lithium iron phosphate capacity of 50,000 tons, iron phosphate capacity of 100,000 tons, and graphite anode and graphitization capacities reaching 25,000 tons and 50,000 tons, respectively.
Not far behind, CNNC Hua Yuan Titanium Dioxide Co., Ltd. showcases its existing titanium dioxide capacity of nearly 550,000 tons, with plans to elevate it to 700,000 tons. The company also holds substantial capacity in phosphate rock and yellow phosphorus, actively pursuing yellow phosphorus technological improvement projects. Its foray into iron phosphate is equally ambitious, with an existing capacity of 100,000 tons and a planned capacity soaring to 500,000 tons.
Gpro Titanium Industry Co., Ltd. has experienced a notable improvement in its operational performance in 2024 compared to the previous year, with the second quarter outperforming the first. The company currently operates two production lines with a combined capacity of 160,000 tons and is actively planning chlorination capacity to further enhance its market competitiveness.
Shandong Dongjia Group stands as another prominent player in the titanium dioxide field, with a production capacity of 220,000 tons, highlighting its leading position and formidable production capabilities in the industry.
Anada Titanium Industry Co., Ltd., a top supplier in the new energy cathode material sector, possesses an annual titanium dioxide production capacity of 180,000 tons, with a significant portion of its sales going towards coatings in the downstream market.
Huiyun Titanium Industry Co., Ltd. has revealed that its 30,000-ton annual capacity rutile titanium dioxide production line can actually produce both rutile and anatase titanium dioxide primary products, and this line achieved a capacity utilization rate of 100.09% in 2023.
Pangang Vanadium & Titanium Exhibition Co., Ltd. demonstrates its dual strengths in vanadium products and titanium dioxide, with a 2024 production target of 50,000 tons of vanadium products, 225,500 tons of sulfate process titanium dioxide, and 43,500 tons of chlorination process titanium dioxide. With the completion of new projects, its chlorination process titanium dioxide capacity will reach 75,000 tons.
Lastly, Lubei Chemical Industry Co., Ltd. currently has a titanium dioxide capacity of 100,000 tons, and its wholly-owned subsidiary Xianghai Technology plans to invest 4.5 billion yuan in a new 300,000-ton annual capacity chlorination process titanium dioxide new material project. According to the Color Masterbatch Industry Network, the project is currently in the initial approval stage, and its completion is expected to bring significant economic benefits to the company.