China Chemicals Market (CCM)

The market of alternative energy vehicles exploded in China in Q4 2015 while the construction of charging infrastructures was left far behind the development of alternative energy vehicles. Due the development gap, it is expected that the growth of charging infrastructure constructions would reach 100%-200% with the market size of USD22.9 billion, according to analyst CCM.

Henan Billions released an announcement stating that there were disputes with German Ti-cons in the project of chloride-grade TiO2. Henan Billions' chloride-grade TiO2 project has always been in the way of bumps and grumps. Such a dispute with its technical guidance, German Ti-cons, would overshadow the quality of chlorride-grade TiO2 produced by Henan Billions, according to CCM.

China's glyphosate market will still be in the doldrums in 2016 due to the overcapacity in the industry and the spread of negative news on glyphosate. The market price is predicted to be low and even reach the bottom, according to analysts CCM.

CCM believes that the growth rate of biological pesticides' consumption is expected to surpass 7% by 2022 in the global plant protection. It is mainly attributed to two factors: chemical pesticides are facing stricter regulations and supervision because of its bad effect on the environment; and pollution-free agricultural products are becoming more and more popular in consumers.

Pangang Group Vanadium Titanium & Resources Co., Ltd. (Pangang Vanadium Titanium) announced that it would invest about USD 17.2 million on the new project of Titanium Dioxide (TiO2) produced by chloride process. The project is expected to be completed and put into trial operation at the end of December 2016.