Industry Dynamics

We sincerely invite you to attend CHINAPLAS International Rubber & Plastic Exhibition held in Shenzhen Convention and Exhibition Center from April 17th to April 20th.

On May 11, 2022, the company submitted an application to the Ministry of Commerce stating that JSR Corporation had transferred its elastomer business including nitrile butadiene rubber to ENEOS Corporation on April 1, 2022, and that the successor company of the business after the transfer would be named as the Company Yineng Materials.

How is the titanium dioxide industry market? The overall titanium dioxide market in 2022 was stable and weak, and the price fell sharply. Looking to 2023 titanium dioxide market, Tuo Duo data management Department titanium analyst Qi Yu believes that in the context of the expected improvement of the global economy, the share of the international market of titanium dioxide in China will increase, at the same time by the high price of raw titanium, tight market supply and other influences, titanium dioxide market or better this year.

Titanium dioxide, known as "industrial monosodium glutamate", is considered to be the world's best performance of a kind of white pigment, the main component is titanium dioxide, because of its high refractive index, excellent coverage and color, is widely used in coatings, plastics, ink, rubber and paper and other fields. Among them, coating has been the main source of titanium dioxide consumption demand.

Titanium dioxide is an important inorganic chemical pigment, the main component is titanium dioxide. The production process of titanium dioxide includes sulfuric acid process and chlorination process. In coating, ink, paper, plastic rubber, chemical fiber, ceramics and other industries have important applications. Domestic titanium dioxide enterprises set off a new round of titanium dioxide products tide, including Jinpu titanium industry, Tianyuan Group, Shandong Daen, Citic titanium industry, Chengdu vanadium titanium, Haifeng Xin, Jinzhou titanium industry, Ningbo Xinfu and other more than 20 titanium dioxide enterprises to raise prices, the price range in 300-2000/ ton, this round of price increases have come.

Antioxidants are organic compounds that inhibit or delay the thermal oxidation of polymers and other organic compounds in the air. Antioxidant is an important food additive. Its mechanism of action includes binding metal ions, scavenging free radicals, scavenging oxygen, inhibiting oxidase activity, quenching singlet oxygen, etc. Antioxidants can prevent or delay the oxidation of food, prolong the storage life of commodities, and improve the stability and safety of food.

At present, China has reached or approached the advanced level of foreign countries in the field of general antioxidants, such as 1010, 1076, 168 and other products, the performance and indicators can basically meet the demand of polyolefin market, and the domestic competition is relatively full. However, in the field of specialized antioxidants, there is still a certain gap between local enterprises and overseas giants, and a considerable amount of quality still needs to rely on imports. After nearly ten years of rapid development, Leanlong has formed a competitive trend with BASF. It is expected that the rapid expansion of domestic olefin production will bring about an additional demand of 100,000 to 150,000 tons of antioxidants. Enterprises with financial advantages and technical strength are expected to seize more market shares.

In recent years, with the rapid development of aerospace, new energy, rail transit and special equipment industries, the production and sales of polymer materials represented by plastics, synthetic rubber and chemical fiber materials have maintained a steady growth. The rapid growth of the polymer material industry has also brought good development space for the plastic additive industry, including antioxidants.