The development of titanium dioxide industry worldwide in 2011 was reflected largely in industrial transfer and integration.
The global titanium dioxide industry is transferred towards Asia-Pacific region. In terms of the supply, the titanium dioxide capacity of China surpassed America and hit more than 2 million tons, which made China become the world’s largest titanium dioxide producer. In 2011, the titanium dioxide output of China surged by 23.10% year-on-year to 1.812 million tons. Apart from the new capacity of 350,000 tons contributed by DuPont, the increase in the capacity of titanium dioxide is expected to be mainly in China in the future.
In terms of the worldwide consumption region of titanium dioxide, the Asia-Pacific region accounts for 30%, followed by North America (approx.28%), Europe, the Middle East and Africa (approx.35%) and Latin America (approx.7%).
Since 2011, there has been a tight supply of titanium raw materials, and the frequent markup in titanium dioxide prices has encouraged titanium dioxide producers to finance enterprises upstream to ensure the supply of raw materials.
On Apri.3, 2012, an America-based coating producer and the major titanium dioxide buyer PPG announced to team up with Montreal-headquartered Yajiesi Mining Industry so as to increase the supply of titanium dioxide.
On June 15, 2012, Tronox took over the ore sand business of South Africa-based Exxaro, marking the establishment of the world’s largest titanium ore & titanium dioxide producer. The acquisition is expected to make the titanium dioxide capacity of Tronox rise to 465,000 t/a.
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