Regarding titanium dioxide demand

- May 13, 2018-

Regarding titanium dioxide demand, the data at the 2018 “China Coatings Conference” on March 28 showed that “In 2017, the output of 1380 large-scale enterprises in the paint industry reached 20.364 million tons, a year-on-year increase of 12.38%; the total output value of 2057 above-scale enterprises in the year It reached 417.289 billion yuan, a year-on-year increase of 5.0%, and the inventory increase was 12.1% higher than the previous year, indicating that the production capacity in some areas was high, and the capacity reduction work needed to be deepened.The total profit was 27.88 billion yuan, a year-on-year decrease of 11.6%, and an actual decrease of 3.66 billion yuan. President Sun said that in the past year, under the influence of many internal and external factors, the Chinese coatings industry has achieved a remarkable record, which is not easy. This is the industry's joint efforts in the past few years to promote industrial restructuring and technological innovation The great fruits should be cherished! Chairman Sun expressed optimism about the economic performance of the coating industry in 2018. She predicted that the total output of paint this year will exceed 22 million tons, and the output value will be about 440 billion yuan, which will continue to stabilize and stabilize.