Titanium dioxide industry to accelerate the diversification of the layout

In recent years, as the heat of new energy continues to rise, China titanium dioxide industry with its own advantages aimed at the new energy track, has been the layout of lithium battery and vanadium battery field.

Since October, titanium dioxide enterprises in the field of vanadium battery layout. On October 13, China National Nuclear Titanium Dioxide Co., LTD. (hereinafter referred to as China National Nuclear Titanium Dioxide) announced that it planned to establish Huili vanadium Energy Mining Co., LTD., relying on the rich vanadium and titanium mineral resources in Panxi region, with the goal of vertical integration of industrial chain and comprehensive utilization of resources, to build a vanadium and titanium industry ecosystem. On October 11, vanadium and titanium resources at pangang group co., LTD. (hereinafter referred to as the vanadium and titanium), according to the announcement in harmony with the dalian branch energy storage co., LTD. Jointly set up sichuan vanadium melting energy storage technology co., LTD., both sides will explore the vanadium electrolyte pricing mechanism and innovative business model, promote the commercialization vanadium battery energy storage.

"Thanks to policy support and the ongoing global energy transition, the vanadium battery industry has recently become popular with titanium dioxide companies." Jin Lianchuang chemical analyst Shan Xiaotian believes that titanium dioxide enterprises in the layout of vanadium battery industry has the advantage of upstream mineral resources, as well as in the midstream chemical products and by-products reuse advantage.

In fact, from July this year, the core titanium and vanadium titanium shares began to enter the field of vanadium batteries. In July, CNNC Titanium Dioxide announced that it signed a strategic cooperation agreement with Sichuan Weili Energy Co., Ltd. on the whole industrial chain of all-vanadium liquid flow battery energy storage, and the two sides will build the whole industrial chain of all-vanadium liquid flow battery energy storage. Vanadium and titanium shares in September changed the securities abbreviation from Panzhihua Steel shares to vanadium and titanium shares, intended to reaffirm vanadium, titanium is the company's strategic focus on the development of business. At the same time, vanadium titanium shares also said to raise funds for vanadium battery electrolyte industrial preparation and application research and development projects.

In addition to the above two enterprises, in July this year, Longbai Group Co., LTD. (hereinafter referred to as Longbai Group) announced plans to jointly invest 200 million yuan with its wholly-owned subsidiary Longbai Sichuan Mining and Metallurgy Co., Ltd. to set up Longvanadium technology in Panzhihua City, and promote the development of vanadium liquid flow battery industry.

Not only in the field of vanadium battery to accelerate the layout, before titanium dioxide enterprises have already extended to lithium battery industry, hoping to create the second pole of growth. According to statistics, since this year, in 12 titanium pigment companies already listed, there are dragon group, anhui at times or titanium industry co., LTD. (hereinafter referred to as Anna da), the nuclear titanium white, guangdong HuiYun titanium industry co., LTD., titanium kingburg industry co., LTD., yibin day the original group co., LTD., and other enterprises in the lithium battery industry chain. Most of these projects have an annual iron phosphate capacity of 100,000 to 200,000 tons.

China Building materials Market Association titanium production and application branch Secretary Fu Yijiang said that titanium dioxide enterprises have layout lithium battery field, thanks to the enterprise's own advantages. Titanium dioxide enterprises before the production of solid waste - ferrous sulfate nowhere to digest, with the hot lithium battery market, titanium dioxide enterprises nowhere to digest ferrous sulfate has become an important raw material in the field. For titanium dioxide enterprises, has been found to eliminate the industry solid waste, reduce the cost of enterprises, and bring new profit growth for the enterprise's new track.

It is understood that since 2020 titanium dioxide enterprises have been layout iron phosphate, lithium iron phosphate project, there have been enterprises began to benefit. Anada, as the first titanium dioxide enterprise to begin the layout of the lithium battery industry chain, achieved a 49% year-on-year increase in profits in the first half of this year in the iron phosphate and titanium dioxide business in the double track. What's more, Anada reported a 71.2% year-on-year increase in net profit in the first three quarters, according to its third-quarter report on Oct. 21.

In the face of titanium dioxide enterprises have increased action, Shan Xiaotian suggested that domestic titanium dioxide enterprises should open up the resource and application of the whole industry chain, create a green circular economy, strive to form large-scale production capacity, further improve profitability.