Source: Tranalysis and China Customs

It is a national high-tech enterprise, a national top 500 chemical enterprise, and the largest titanium dioxide exporter in China. The main products are TiO2, zirconium products, sulfuric acid and sulfate. Among them, titanium dioxide has reached 120,000 tons, and its export volume has ranked first in the country for three consecutive years. The annual production capacity of the main titanium dioxide is 600,000 tons, ranking first in Asia and fourth in the world.

Prof. Matthew Wright, chair of EFSA’s working group on E171, noted: “Although the evidence for general toxic effects was not conclusive, on the basis of the new data and strengthened methods we could not rule out a concern for genotoxicity and consequently we could not establish a safe level for daily intake of the food additive.”

Titanium is a common metal element frequently found throughout nature. In our environment, titanium is naturally exposed to oxygen, forming titanium oxides that we find in many minerals, dusts, sands, and soils.

The paints and coatings industry reduced their offtakes which coupled with the drop in the crude oil prices and availability of cheaper imports from the Asian market led to the fall in titanium dioxide prices. The demand decreased significantly in the fourth quarter along with the slow manufacturing due to high inflation rates keeping the price trends of the commodity in the negative zone.