Investment 4.5 billion yuan! The annual output of 300,000 tons of chlorinated titanium dioxide project can bring revenue of more than 6 billion yuan

It was learned that Shandong Xianghai Titanium Resources Science and Technology Co., Ltd. plans to invest 4.5 billion yuan to build a new material project with an annual production capacity of 300000 tons of chlorinated titanium dioxide, covering an area of about 538.65 mu and a total building area of about 184100 square meters. build three chlorinated titanium dioxide production lines with a single production capacity of 100000 tons per year. The project employs 1200 people. after reaching production, it can achieve an average annual sales income of 6.23 billion yuan, an average annual profit of 1.79 billion yuan, and an after-tax profit of 1.342 billion yuan. The construction period of the project is 34 months.

Titanium dioxide is a kind of inorganic pigment and chemical raw material with the best performance in the world. It has high chemical stability, heat resistance, weather resistance, good whiteness, coloring power and hiding power. Pigment grade titanium dioxide is mainly used in paint, paper, plastics, rubber, printing ink, chemical fiber and other industries, while non-pigment titanium dioxide is mainly used in enamel, capacitors, electrodes and so on. Pigment grade titanium dioxide is divided into anatase type and rutile type. Rutile type products are better than anatase type in performance, so they are more widely used.

The industrial production methods of titanium dioxide include sulfuric acid method and chlorination method. Rutile and anatase products can be produced by sulfuric acid method, but only rutile products can be produced by chlorination method. As a traditional process, sulfuric acid process is mature and reliable, and has low requirements for titanium raw materials, but its biggest problem is that there are many wastes and are difficult to deal with. The chlorination process has the advantages of high product quality, short technological process, small footprint, continuous operation, high degree of automation, chlorine recycling, less waste and so on. Therefore, the chlorination process is widely used in the newly built titanium dioxide plants in industrial developed countries in the world.

The biggest gap in China's titanium dioxide market is high-grade rutile titanium dioxide. Among the large amount of titanium dioxide imported every year, about 80% is high-grade rutile titanium dioxide, which has high gloss, high weather resistance, high dispersion and high hiding power. It is mainly used in top-end fields such as high-end cars, high-speed trains and ocean containers, and has a good market prospect.

Shandong Xianghai Titanium Resources Technology Co., Ltd. has two production lines of chlorinated titanium dioxide with an annual output of 30,000 tons, which is the first production plant of chlorinated titanium dioxide in the province. Its production capacity is far from being able to make up for the market gap, so Xianghai titanium industry decided to build three sets of 100000 tons / year chlorinated titanium dioxide process to produce general rutile titanium dioxide and middle and high-end rutile titanium dioxide. Fill the gap of high-grade rutile titanium dioxide in China.

In addition to the construction of a new material project with an annual output of 300000 tons of titanium dioxide by chlorination process, the project will also build 677950 tons of titanium tetrachloride intermediate products for self-use, 31 percent hydrochloric acid 109417 tons per year, by-products, and 10% sodium hypochlorite solution 120018 tons per year. by-products, for export. The project employs 1200 people. after reaching production, it can achieve an average annual sales income of 6.23 billion yuan, an average annual profit of 1.79 billion yuan, and an after-tax profit of 1.342 billion yuan. The construction period of the project is 34 months.

The project mainly produces rutile titanium dioxide. According to the use of the product, it can produce 3 grades of general titanium dioxide and 4 grades of special titanium dioxide. Among them, general-purpose products have high whiteness, achromatic power, good glossiness, hiding power, weather resistance, dispersibility and light retention, which are widely used in architectural coatings, industrial coatings, color masterbatches, inks and high-grade decorative paper. In addition to CR501 characteristics, the dispersion performance is better, wettability is better, suitable for water-based, oily different media; except not suitable for the paper industry, other industries are suitable, especially water-based, oily, paint industry. In addition to CR501 characteristics, it is especially suitable for use in oily media, and the product dry powder fluidity, wettability and lubricity are more prominent.

Special paint products have good wettability, outstanding film curing and water resistance, good glossiness, high achromatic power and hiding power. Special paint products have high weathering gloss, pulverization resistance and lipophilicity. The two kinds of products are used in coil coatings, household coatings, wood furniture coatings, interior and exterior wall coatings, water-oily coatings, powder coatings and paint industries. CR811 is especially suitable for exterior wall coatings, especially for paints that require high gloss and high weather resistance.

At present, the main industrial production methods of titanium dioxide in the world are sulfuric acid method and chlorination method. Sulfuric acid method takes titanium concentrate as raw material, decomposes titanium concentrate by sulfuric acid, decomposes TiO2 in titanium concentrate into TiOSO4, filters to remove insoluble material in titanium solution, and then removes ferrous sulfate heptahydrate in titanium solution by vacuum crystallization; titanium solution is hydrolyzed into TiO2 ², salts produced by other minerals are removed, water is removed by calcination and its crystal form is converted. This method has the advantages of low grade of raw materials, abundant mineral resources, cheap and easy to obtain, but long technological process and high discharge of "three wastes".

The chlorination method is a technical progress for the sulfuric acid method, which is prepared by chlorination of titanium tetrachloride from rutile or rutile and then oxidized at high temperature. This method has the advantages of short production process, good product quality, continuous production and automation, recyclable chlorine gas and low emission of "three wastes", but it requires high grade of raw materials, complex technology and high equipment materials. Internationally, the chlorination process has occupied a dominant position, accounting for 63.2% of the world's total production capacity, while the sulfuric acid process only accounts for 36.8% of the world's total capacity, and has a decreasing trend. To sum up, the project uses advanced chlorination process to produce high-grade rutile titanium dioxide.

Reporters from the painting industry noted that the original phase of Shandong Xianghai Titanium Resources Technology Co., Ltd. built a single set of chlorinated titanium dioxide production lines with an annual output of 60,000 tons, which entered the trial production stage on December 1, 2021. After being put into production, it is expected to annual sales. Revenue can reach 1.238 billion yuan and profits and taxes of 250 million yuan. In order to expand its technical advantages and market advantages, Shandong Xianghai Titanium Resources Technology Co., Ltd. later decided to invest 719 million yuan to build an expansion project with an annual output of 60,000 tons of chlorinated titanium dioxide. The expansion project has been completed and put into operation not long ago this year.

Shandong Xianghai Titanium Resources Technology Co., Ltd. is a wholly-owned subsidiary of Shandong Lubei Chemical Enterprise Group Corporation, a listed company. It is a chemical company mainly producing titanium dioxide. Jinhai Titanium Industry and Xianghai Technology, a wholly-owned subsidiary of Lubei Chemical, jointly form the company's titanium dioxide business segment. Among them, Jinhai Titanium Industry has a sulfuric acid titanium dioxide production line with an annual output of more than 200,000 tons. Xianghai Technology currently has an annual output of 60,000 tons of chlorinated titanium dioxide production equipment, mainly engaged in the production, sales and services of chlorinated titanium dioxide.

According to the semi-annual report, Lubei Chemical achieved operating income of 2.815 billion yuan in the first half of 2024, a year-on-year increase of 31.28%; net profit attributable to shareholders of listed companies was 146.5 million yuan, a year-on-year increase of 1,063.27%. Among them, the output of titanium dioxide in the first half of the year was 145,800 tons, the sales volume was 127,400 tons, and the sales amount was 1.784 billion yuan. The average selling price of titanium dioxide was 14,008.03 yuan/ton. Among them: Jinhai Titanium Industry's revenue was 1.454 billion yuan, and the net profit was 64.4794 million yuan; Xianghai Technology's revenue was 386.1 million yuan and net profit was 15.8299 million yuan.