The Impact of the Reduction of European Titanium Dioxide
Production Capacity on Exports
Europe's energy crisis continues to ferment, resulting in a variety of local chemical production cuts and shutdowns, according to relevant industry data show that Europe's titanium dioxide production capacity has been reduced to 20% of the total load.
European titanium dioxide production capacity reduction will drive domestic export sales? Industry insiders told the Caixin reporter that the energy crisis has little impact on titanium dioxide raw materials, mainly natural gas shortages, fuel shortages affect titanium dioxide production. Although the European titanium dioxide production capacity to reduce, but high-end chlorination products China's sulfate titanium dioxide is no substitute for this crisis can increase the number of orders for domestic sulfate companies is not yet clear.
At present, the export situation is normal, since this year, China's titanium dioxide export trend has been good, the impact of the energy crisis in Europe is estimated to wait until at least 4 quarter to appear. As China's titanium dioxide is mainly used in architectural coatings, domestic and foreign real estate industry is currently in the doldrums, downstream demand is limited, the coating industry is not high, coupled with the current inventory of raw materials within the enterprise, the supply side of the shortage and price increases will not appear soon.
In addition, some industry insiders told Cai Lian News Agency, if the European shutdown, the original European major market share demand can be transferred to our country, then our titanium dioxide enterprises is certainly good, but the European titanium dioxide is mainly chlorinated high-end products, the use and sulfate products have different, so the future of European enterprises to stop production, to China's sulfate enterprises to increase the number of orders currently can not be estimated.
