Titanium dioxide is included in the national strategic resource reserve, and Cris's titanium phosphorus industry is fully developed

Recently, the Ministry of Industry and Information Technology stated in a letter regarding the response to Proposal No. 1341 (No. 197 for Industry, Communications, Posts and Telecommunications) of the Fourth Session of the 13th National Committee of the Chinese People's Political Consultative Conference that relevant departments are preparing a national reserve development plan for the 14th Five Year Plan and will fully consider the proposal to include titanium dioxide in the national strategic resource reserve. Titanium dioxide has a wide range of applications and is an essential industrial raw material for the production of coatings, plastics, paper and other products. The country attaches great importance to the development of the titanium dioxide industry and actively promotes the industrialization of new processes and the comprehensive utilization of resources.

Meng Lingjun, Chairman of Cris, believes that the future path for upgrading the titanium dioxide industry mainly includes: first, iterative upgrading of new and old processes, and second, comprehensive utilization of traditional processes. Traditional enterprises comprehensively utilize acidic by-products and develop the production process of iron phosphate to form a closed-loop economic advantage. Against the backdrop of an upward trend in the prosperity of titanium dioxide, increasing demand and limited new supply, the price of titanium dioxide continues to rise. Titanium dioxide enterprises are expected to use by-products such as waste acid and ferrous sulfate as raw materials for the production of iron phosphate, significantly reducing production costs. As titanium dioxide companies accelerate their layout in the field of new energy cathode materials, the titanium dioxide industry chain is expected to experience a re evalsuation of its value.

It is understood that Jiangsu Cris Material Tech Co., Ltd. focused on the research and development, technology, and core patents of titanium products in the early stages of enterprise development. While laying out the current mainstream titanium product line, its profit products focused on the domestic and foreign trade sales of functional and high-end titanium dioxide products. Its product process quality has achieved the technical parameter benchmark of DuPont titanium dioxide. Meng Lingjun stated that after more than 10 years of deep cultivation in the industry, the particle size and L value of titanium products under Zhongyan have fully reached export grade quality. The main customers are domestic and international listed companies, such as Huadian, Datang Group, Hongmei, Sankeshu, Asian paints, Avient, FIRAT, poddar segments, etc.

It is reported that China's ilmenite reserves rank first in the world, and it is also the largest producer and consumer of titanium dioxide in the world. The market supply is sufficient, and the safety guarantee ability is strong. The relevant departments of the country are actively promoting the comprehensive utilization of titanium ore resources. In the next step, the Ministry of Science and Technology will establish a key special project for "strategic mineral resource development and utilization" to promote the development and application of high-value utilization technology for titanium ore resources. Iron phosphate is a milestone raw material for the development and application of high-value transformation and utilization technology for titanium industry resources. Therefore, the integrated project of research and development, production, and sales of iron phosphate cathode materials in the second industry of Cris has been launched at full speed. It is expected to achieve mass production and sales by October this year, with an estimated production capacity of 15000 tons. The second phase of 45000 tons will be expanded in June 2023.