CCM International Ltd

Chinese Fluoropolymer Industry Attracts More and More Foreign Investment

Driven by the booming market, resource advantage and Chinese government's encourage, Chinese fluoropolymer industry attracts more and more foreign investment in resent years.

 

Guangzhou, Guangdong -- (ReleaseWire) -- 05/25/2012 -- The Chinese government has promulgated some policies and legislations, such as the Guided Catalogue for Industrial Structure Adjustment (2011) and the 12th Five-year Development Plan of China Fluorine Chemical Industry (2011-2015), to encourage the development of fluoropolymer industry in China. CCM International’s April Issue of China Fluoride Materials Monthly Report also indicates that driven by the booming market, resource advantage and Chinese government's encourage, Chinese fluoropolymer industry attracts more and more foreign investment in resent years. Especially in Chinese PVDF industry, some multinationals have planned to invest in it and it will maintain rapid growth in the 12th Five-year Plan Period.

Simultaneously, driven by the soaring price and tight supply of fluorite from 2010 to 2011, many fluoride companies are seeking for upstream integration. In March 2012, Dongyue Group claimed that the company is in the process of acquiring two mining areas' exploration licenses in Wulate Middle Banner, Bayannaoer City, Inner Mongolia. In addition, Zhejiang Yongtai released that the company had completed the acquisition of 20% share of Yongfei Chemical, who is specialized in the manufacturing and sale of HF.

However, influenced by the depression of economy at home and abroad, the market situation of fluorine chemical downstream industries is dismal, which leads to the week demand for most fluorite chemicals from January to March 2012. In March 2012, the prices of most fluorite chemicals keep falling.

How will China's PVDF industry develop during the 12th Five-year Plan Period? What is import situation of domestic PTFE fiber? How about the price trend of domestic PTFE? What was the import and export situation of fluoride chemicals in China in Feb. 2012? You might find all answers in April Issue of China Fluoride Materials Monthly Report.

The latest issue covers:
-Zhejiang Juhua planed to construct an HFC-125 production line with capacity of 10,000t/a with Honeywell International's production technique.
-The average price of aluminum fluoride in China remains low and it's unlikely to rise in a short time.
- Domestic price of HFC-134a will fall slightly in the second quarter of 2012.
- In 2011, DFD achieves USD16.58 million of operating profit, doubling that in 2010 and LiPF6 has been its new point of profit growth in the future.
- ANOKY plans to purchase Color Root Hubei, which is the only fluorine-containing reactive dyes producer in China.

China Fluoride Materials Monthly Report only costs you USD 2,325 per year. And it’s in big promotion now. If you subscribe during 15th Apr. 2012 and 15th May. 2012, you can get one year with 2 extra free issues. If you need more information about it, please feel free to contact us at econtact@cnchemicals.com.

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