Lubei Chemical ( 600727.SH ): It is expected that the market space for titanium dioxide will further increase

lubei chemical (600727.SH) stated at the performance briefing on June 16, 2023 that the company expects the market space for titanium dioxide to further increase. With the continuous development of economic construction and the continuous deepening of the division of labor in the manufacturing industry, titanium dioxide as a white high-end pigment The irreplaceability will continue to emerge, and the market space and penetration rate will be further improved; industry concentration will be further increased, and the industry is expected to see a pattern in which backward production capacity is cleared and advantageous production capacity expands; Technology is moving towards the development of chlorination method. The titanium dioxide chlorination method production process is superior to sulfuric acid method in terms of process flow, product quality, comprehensive energy consumption, environmental protection pressure and national policies, but inferior to sulfuric acid method in terms of raw material requirements, process technology and production cost. At present, China's sulfuric acid method production capacity still accounts for more than 80%. Policies restricting sulfuric acid titanium dioxide will continue to drive the titanium dioxide industry structure in a more reasonable direction; Environmental protection requirements are constantly improving. With the fact that "carbon peak and carbon neutrality" has become a national strategy, with the implementation of policies related to national supply-side structural reforms and stricter safety and environmental protection supervision, as well as the optimization of the layout of chemical parks, the requirements for environmental protection will be further improved.