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| Company Study of Baoji Titanium Industry Co., Ltd., 2007 |
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China's yield of Titanium sponge keeps a fast growth. And the supply of titanium sponge exceeds market demand. Zunyi Titanium Plant, China's biggest producer of Titanium sponge, realized a yield of 10,000 tons in 2006 and will achieve 14,000 tons in 2007. China's yield of Titanium sponge reached 26,000 tons in 2006, and the figure will be up to over 30,000 tons in 2007.
The company obtained over 98% of main business income from Titanium products. The export value of the company amounted to RMB388.6508 million in 2006, three times that of 2005.
Since 2007, two 10-ton vacuum Arc remelting furnaces of the company have been put into production, and another two will also be put into production at the end of 2007. Apart from 5,000-ton melting and casting projects that can be fully put into production at the end of 2007, other projects will be put into production in the latter part of 2008. The fast growing period of the company will start in 2009.
1. Product Development in the Future
1.1 Titanium Materials for Aviation and Spaceflight 1.2 Exportation of Titanium Products 1.3 Civil Titanium Material Market 1.4 Increasing Proportion of Titanium Alloy Products; Promoting Added Value of Product 2. More Investments for Improving Production Capacity
2.1 Formation of Five Pillar Product Series in the Future 2.2 Most Projects of Baoji Titanium Industry Co., Ltd will be completed in 2008. 2.3 Steady Growth of Product Yield, 2007-2008 3. The Decreasing Prices of Raw Materials, Strong Demand of Titanium Materials Market
3.1 The Rising Yield and Decreasing Price of Titanium Sponge 3.2 The Demand of China Titanium Materials Market will keep Fast Growth 4. Analysis on Main Business
4.1 Steady Growth of Main Business Income 4.2 Increasing Exportation of Titanium Materials 4.3 The Losing Situation of Other Business can not be changed in Short Term |
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