Affected
by the factors such as a slowdown in growth rates of downstream sectors like
iron and steel, building materials, and glass as well as the reduced demand of
refractories for infrastructure construction, China’s refractory materials
production in 2012 fell 4.43% over the previous year to 28.1891 million tons,
of which, magnesia bricks, magnesium carbon & alumina magnesia carbon, and silica
brick dropped sharply, down 15.94%, 8.45% and 8.37% YoY respectively.
To Read The Complete Report with
TOC:-
In
terms of export in 2012, both volume and value of refractory raw materials fell
down, but refractory products broke the 2-million-ton mark again, climbing 4.4%
YoY to 2.0397 million tons; export price even increased by 7.08%.
With
respect to the product, China has been promoting the development of
high-quality energy-efficient unshaped refractories. In 2012, the proportion of
unshaped refractories in the total refractories production there firstly
exceeded 40%, but compared with industrially advanced countries, the proportion
is still lower, the goal is to hit 60% in 2020.
In
addition, R & D of chrome-free refractories are also the focus of industry
development. So far, Ruitai Materials Technology, Zibo Luzhong Refractory, etc.
in cement kiln refractories, Qinghua Refractories, Zhejiang Jinlei
Refractories, etc. in refractories for AOD furnace, Luoyang Institute of
Refractories Research (LIRR), Shangyu Zili Corp New Material Co., Ltd (Zili
Corp), etc. in refractories for RH furnace have made many successful attempts,
followed by vigorous promotion.
As
far as enterprises are concerned, China through mergers and acquisitions has
had a few competitive refractory companies such as Qinghua Refractories, Puyang
Refractories, Ruitai Materials Technology, Beijing Lier High Temperature
Materials, Luoyang Institute of Refractories Research, Shandong Refractories
Group.
As
China’s largest steel refractories company, Puyang Refractories Group Co., Ltd
has successively acquired and reorganized Kunming Iron and Steel Refractories,
Shanghai Baoming Refractories Co. Ltd., Jiaozuo Bigger Refractories Co., Ltd.
and so forth. In the first half of 2013, the company planned to acquire 100%
equity in Zhengzhou Hua wei Refractories Co.Lt; the project is now being
actively promoted. Once the acquisition comes through, the company will enter
the “non-steel” refractory area.
To Buy a Copy Of This Report:-
In
2011, Ruitai Materials Technology Co., Ltd. acquired 100% stake in Ningguo
Kaiyuan Electric Power Wear Resistant Materials Co., Ltd., and also established
a joint venture named Zhengzhou Ruitai refractory Materials Technology Co.,
Ltd. with Henan Huobao Refractory Material Co., Ltd. In 2012, the company
acquired 39.76% stake in Hunan Xianggang Yixing Refractory Materials Co., Ltd,
and then 42.99% after capital increase in cash; in the same year, it invested
RMB120 million in establishment of joint venture – Huadong Ruitai with Yixing
Refractory Material Co., Ltd., holding 60% stake.
Contact:-
M/s
Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
No comments:
Post a Comment