Today, Anada opened by the daily limit. Since June, Anada has risen for several days, and this week it has achieved two consecutive trading limits. In terms of news, Anada announced on the evening of June 7 that Tongling Nayuan, a holding subsidiary, and Hunan Yuneng decided to jointly invest in the establishment of a limited company engaged in the production and operation of iron phosphate. The joint venture company will build a 50,000-ton / year high-pressure solid iron phosphate industrialization upgrading project. The registered capital of the joint venture company is 120 million yuan, of which Tongling Nayuan contributed 78 million yuan, accounting for 65%.
Anada is one of the earliest manufacturers of titanium dioxide in China, and its main products are titanium dioxide and ferric phosphate. Titanium dioxide has excellent whiteness, coloring power, hiding power and weather resistance. It is a kind of white pigment and chemical raw material with excellent performance. It is considered to be the best white pigment in the world. It is widely used in paint, plastic, rubber, paper, printing ink and daily chemical industry. Ferric phosphate, also known as ferric phosphate and orthophosphate suan iron, is the salt of iron salt solution and sodium phosphate, in which iron is positive trivalent. Mainly used in lithium iron phosphate battery materials, catalysts and ceramics.
According to the company's 2020 annual report, its main business income comes from the sales of titanium dioxide and ferric phosphate, among which: rutile titanium dioxide sales account for 86.21% of the main business income, anatase titanium dioxide sales account for 2.14% of the main business income, and iron phosphate sales account for 11.65% of the main business income. According to relevant reports, in May, Anada Titanium Co., Ltd. produced 9242.1 tons of rutile titanium dioxide, reaching a new high after breaking through the 9000 ton mark for the first time last month, with a first-grade product rate of 98.78%. The qualified rate reached 98.9%, and the output also reached an all-time high.
At present, the company is actively planning the industrial layout and increasing investment in the new energy industry. Anada said on the investor interactive platform on May 19 that the company has been increasing investment in the new energy materials industry in recent years, and the first phase of the subsidiary iron phosphate transformation and expansion project has been put into production in March this year, and the products have been approved and used by customers. the second phase is expected to be put into production in the third quarter of this year, when the subsidiary iron phosphate production capacity will reach 50,000 tons / year.
