[industry Dynamics] trial production of pingguo and Thai Science and Technology with an annual production capacity of 60,000 tons of dry aluminum fluoride project-Shanghai Metals Market

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[industry Dynamics] trial production of pingguo and Thai Science and Technology with an annual production capacity of 60,000 tons of dry aluminum fluoride project

Translation 05:00:44PM Jan 11, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, January 11, 2019:

Sun Huanzhi pointed out: since the beginning of this year, Pingguo County has unswervingly implemented the "361" project to promote the healthy economic and social development of the whole county. At present, the county's fiscal revenue has reached 2.568 billion yuan, exceeding the expected target at the beginning of the year ahead of schedule. The industrial economy of the whole county shows a good trend of improving quality and improving steadily. Hetai Technology Co., Ltd. with an annual output of 60,000 tons of dry aluminum fluoride project has been officially completed, which is a good event for the industrial development of pingguo County, and another major achievement for the county party committee and county government to pay close attention to the construction of the project and implement the project-driven strategy. The completion and commissioning of the project will further lengthen the aluminum industry chain, promote industrial transformation and upgrading, speed up the "secondary entrepreneurship" of aluminum and the pace of high-quality industrial development, and inject new momentum into the economic and social development of the county.

It is understood that the Hetai Science and Technology Project with an annual output of 60,000 tons of dry aluminum fluoride is a major project promoted as a whole at the autonomous region level, and it is also a key project supporting the "secondary entrepreneurship" development of the aluminum industry in Baise City, with a total investment of 500 million yuan. After it is completed and put into production, the annual output value is expected to reach 1 billion yuan, and the annual tax revenue will be about 80 million yuan, solving more than 300 jobs.

In addition, according to SMM, in addition to pingguo and Thai science and technology, the technical transformation of Jinhe chemical industry in Ningxia has also been completed recently, phasing out the original 80, 000 tons of aluminum fluoride production capacity and transforming it into two 40, 000 tons of aluminum fluoride production capacity and 60, 000 tons of HF,3000 tons of cryolite. In addition, Shandong Beidou Star Chemical has also completed 40,000 tons of aluminum fluoride project, even if the domestic aluminum fluoride capacity has been overcapacity, 2018 high aluminum fluoride prices still accelerate the production of some aluminum fluoride projects.

For 2019, the author believes that the built capacity of aluminum fluoride will remain surplus, and the main factors affecting the price of aluminum fluoride are the supply of raw material fluorite and the price. Due to the limited exploitation of fluorite mines and the decline of fluorite ore grade, the price of fluorite may rise in stages. In addition, fluorite is also the main raw material for another product, HF. When the demand for refrigerants is strong and the demand for HF increases greatly in the first half of the year, it will also drive the price of fluorite to a certain extent, thus driving the price of aluminum fluoride to remain high in terms of cost.

(SMM is easy to shine)

Key Words:  Aluminium fluoride 

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[industry Dynamics] trial production of pingguo and Thai Science and Technology with an annual production capacity of 60,000 tons of dry aluminum fluoride project

Translation 05:00:44PM Jan 11, 2019 Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, January 11, 2019:

Sun Huanzhi pointed out: since the beginning of this year, Pingguo County has unswervingly implemented the "361" project to promote the healthy economic and social development of the whole county. At present, the county's fiscal revenue has reached 2.568 billion yuan, exceeding the expected target at the beginning of the year ahead of schedule. The industrial economy of the whole county shows a good trend of improving quality and improving steadily. Hetai Technology Co., Ltd. with an annual output of 60,000 tons of dry aluminum fluoride project has been officially completed, which is a good event for the industrial development of pingguo County, and another major achievement for the county party committee and county government to pay close attention to the construction of the project and implement the project-driven strategy. The completion and commissioning of the project will further lengthen the aluminum industry chain, promote industrial transformation and upgrading, speed up the "secondary entrepreneurship" of aluminum and the pace of high-quality industrial development, and inject new momentum into the economic and social development of the county.

It is understood that the Hetai Science and Technology Project with an annual output of 60,000 tons of dry aluminum fluoride is a major project promoted as a whole at the autonomous region level, and it is also a key project supporting the "secondary entrepreneurship" development of the aluminum industry in Baise City, with a total investment of 500 million yuan. After it is completed and put into production, the annual output value is expected to reach 1 billion yuan, and the annual tax revenue will be about 80 million yuan, solving more than 300 jobs.

In addition, according to SMM, in addition to pingguo and Thai science and technology, the technical transformation of Jinhe chemical industry in Ningxia has also been completed recently, phasing out the original 80, 000 tons of aluminum fluoride production capacity and transforming it into two 40, 000 tons of aluminum fluoride production capacity and 60, 000 tons of HF,3000 tons of cryolite. In addition, Shandong Beidou Star Chemical has also completed 40,000 tons of aluminum fluoride project, even if the domestic aluminum fluoride capacity has been overcapacity, 2018 high aluminum fluoride prices still accelerate the production of some aluminum fluoride projects.

For 2019, the author believes that the built capacity of aluminum fluoride will remain surplus, and the main factors affecting the price of aluminum fluoride are the supply of raw material fluorite and the price. Due to the limited exploitation of fluorite mines and the decline of fluorite ore grade, the price of fluorite may rise in stages. In addition, fluorite is also the main raw material for another product, HF. When the demand for refrigerants is strong and the demand for HF increases greatly in the first half of the year, it will also drive the price of fluorite to a certain extent, thus driving the price of aluminum fluoride to remain high in terms of cost.

(SMM is easy to shine)

Key Words:  Aluminium fluoride