Titanium dioxide or tax relief to accelerate the transformation and upgrading of the industry

According to the news, in the near future, the China Titanium Dioxide Industry Association organized a number of member companies to hold a seminar to prepare for the application of the chlorination of titanium dioxide in the later period to the tax authorities. Titanium dioxide produced by the chlorination process is used as an international advanced technology, and implementing a tax reduction policy will enhance the competitiveness of the domestic industry in the international market and accelerate the transformation and upgrading of the industry.

Titanium dioxide production currently has two kinds of sulfuric acid and chlorination technologies. The chlorination process has the advantages of short process flow, high quality, and low pollution emission. It has become a mainstream technology and its global production capacity accounts for more than 70%. Due to the high degree of blockade and monopolization of chlorination technology by overseas chemical giants, China's chlorinated production capacity accounts for less than 10%. Chlorinated companies face multiple difficulties in investing and have long trial production periods. The pace of industrial upgrading is slow, and it is imperative for national policy guidance. .

The data show that in March 2016, China exported 61,000 tons of titanium dioxide, which was a 36% increase from February. It was the highest monthly export record in the past ten years. Longxu exported 25,000 tons.

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