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On December 30, 2015, the Korea Trade Commission issued an announcement stating that in response to Korea COCMO's application, it decided to initiate an anti-dumping investigation against rutile titanium dioxide imported from China. The China Titanium Dioxide Industry Association held an industry council in Beijing on January 5, and later actively communicated with the China Council for the Promotion of International Trade and received strong support from the CCPIT.
Fu Yijiang, deputy secretary-general of the China Titanium Dioxide Industry Association, said that in the process of anti-dumping, companies need the help and guidance of the government, they also need the organization and coordination of industry associations to coordinate the interests and mutual relations between enterprises, at the same time in the market, data, Statistics, industry information and other aspects provide enterprises with specialized services, and form a good situation in which enterprises and industry associations jointly safeguard the interests of the country and the industry.
Exports have always been an important factor driving the rapid growth of China's titanium dioxide industry. The current export markets are mainly India, South Korea and Indonesia. It is reported that at present, the price difference between titanium dioxide at home and abroad is at a historically high level. The anti-dumping investigation in South Korea has sounded a warning for domestic enterprises, and high-end and differentiated development are imperative. The association believes that in the process of going global, domestic titanium dioxide enterprises must “hold up†to learn from each other and exchange experience.
Fu Yijiang told reporters that China's titanium dioxide industry has begun to exert its force in the high-end product market. Panzhihua Steel's titanium self-developed high-end ultrafine titanium dioxide products have now successfully replaced imported similar products. The near-infrared reflective titanium dioxide material IR-1000 developed by Jiangsu Fanhua Chemical Technology Co., Ltd. has broken the foreign monopoly and filled the gap in China's titanium dioxide industry. The proprietary titanium dioxide for road marking in the independently researched and produced by Jiangxi Zhongbang Titanium Industry Company has excellent performance in coating products and can completely replace imported titanium dioxide for the production of high-end marking paints. The breakthrough in the development of chlorination titanium dioxide has been achieved. More and more domestic products have reached the international advanced level and have been recognized by high-end customers at home and abroad.
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Titanium dioxide industry actively responded to anti-dumping in South Korea
On January 27th, a reporter from China Chemical News learned from the China Titanium Dioxide Industry Association that domestic companies actively responded to the case of Korea's coated rutile titanium dioxide dumping investigation. The association is assisting enterprises in responding to investigations and other tasks. In the case of anti-dumping exports, efforts were made to safeguard their legitimate rights and interests.