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Country set to surpass US to become largest producer of TiO2
23
Feb '08
China stands second to United States in terms of production capacity of titanium dioxide. With continuous improvement of quality and capacity of titanium dioxide, iron oxide and other products, China is expected to become a manufacturing hub of inorganic pigments.

As in recent years, energy and raw materials prices are going higher, and although titanium dioxide is an important inorganic pigment product, developed countries are unlikely to extend investments in this sector. Thus the average annual growth rate is expected be only 1.4 percent. This makes multinational corporations arouse their hopes of future development in the sector in Asia, particularly in China.

In fact, titanium dioxide production in china has already started increasing. At present, constructions of large chlorination process projects of titanium dioxide are going on in Zhejiang, Shandong, and Liaoning provinces, which are expected to be completed and put into production before 2010. However, investors of these projects are from the United States, Japan, Australia and other countries.

According to available statistics, under the current scenario of foreign investments in the expansion of existing and new projects, China's production capacity of titanium dioxide will reach 300,000 tons by the end of 2008. It is expected that by 2010, it will touch 500,000 tons.

By then, China will be able to produce 1.6 million tons of titanium dioxide and expected to surpass even the US.

However, experts believe that to become the world's largest producer of titanium dioxide, china must improve its quality of titanium dioxide and install advanced technology for the production of titanium dioxide.

Fibre2fashion News Desk - China


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