Titanium dioxide overcapacity in China and profits plummet
2013.09.04 08:58At present,China titanium dioxide industry,the majority of small and medium enterprises,industry overcapacity,market confusion,industry profits plummeted,some small companies have cut production,the industry reshuffle is inevitable.?xml:namespace>
On a global scale,China's titanium dioxide production capacity is already a world-class country,however,whether the extent of regulation in the market or by the degree of attention,the titanium dioxide industry have not received the attention it deserves.Despite rapid growth in the global titanium dioxide market capacity,but low-end products increase in production capacity has exceeded market demand.
In recent years,energy prices,transport costs and the rising cost of human resources,to further increase the cost of doing business,industry profit margins plummeted this year,reaching the edge of losses or loss.In particular,market prices frequently cut this year is the calendar year the longest time since the downside,the most affected is the small and medium enterprises,these enterprises widespread liquidity shortage,the market less competitive and other disadvantages,production and management more difficult.Some smaller companies bear market pressures,cut production looking for new business opportunities,new industry access or accelerated implementation of the policy process industry mergers and acquisitions.
By Wendy