Anada: Exports of titanium dioxide account for more than a quarter, and will increase exports to expand overseas market share
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June 12, 2024, 2:56 PM Anada disclosed the investor relations activity record sheet that currently accounts for more than a quarter of the company's titanium dioxide exports. The company will further strengthen the construction of overseas sales channels, increase export volume, and continuously expand overseas market share. The company's main export areas are India, Turkey, United Arab Emirates, Italy, Southeast Asian countries, Brazil, etc. In addition, the company currently mainly sells ATR-311/312/315/318/321 and other series products. In the downstream structural uses of the products, coatings account for about 60%, plastics account for about 30%, and others account for about 10%. The company's current iron phosphate processing costs have continued to decrease year-on-year. The company is also currently continuing to promote cost reduction and efficiency improvement by tapping potential, strengthening product research and development, and refining cost management. Through technological transformation and cost consumption control, it has improved product loss reduction and increase profit ability. The start-up rate of iron phosphate production in Tongling Nayuan Company, a subsidiary of the company, is higher than the industry average.