Lee & Man Chemical makes headway in R&D of fluorine chemical deepprocessing products Key words:Fluorite; Cryolite; AHF; AIF3;R134a; R22; R410a; R32; R125; R290; HFO-1234yf; PTFE; PVDF; R142b In Feb. 2014, the trading of China’s fluorine chemical market was still light. The average exworks prices of domestic fluoride materials of concern maintained stable. For instance, the ex-works prices of AHF, AlF3and PTFE in Feb., 2014 remained at the same level with that in Jan., 2014. However, ex-works price of cryolite saw a continuous uptrend. In detail, the exworks price of cryolite in Feb. was USD983/t, up 3.36% compared with that in Jan. 2014. The light trading of domestic market is attributed to not only the economic downturn, but also the overcapacity of basic products in domestic fluorine chemical industry. Therefore, domestic fluorine chemical enterprises began focusing more on the R&D, investment and construction of deep-processing products. For instance, Jiangxi Lee & Man Chemical is constructing its PVDF new project, which was researched and developed by the company independently. Meanwhile, developing overseas market also became a way for domestic fluorine chemical enterprises to deal with the dismal domestic market. For example, Shanghai 3F announced that Kureha China would acquire 20% shares of its subsidiary, 3F Wanhao on 26 Feb., 2014. In this way, Kureha China provided support and assistance for 3F Wanhao to expand its overseas market. Besides, in this issue, CCM pays attention to the fluorine refrigerant industry about the application progress of alternative technology in China and foreign countries. On one hand, CCM notices that the USEPA and the EP announced plans to issue further laws and regulations and implement other relevant measures in order to reduce the use of HFCs with high GWP in Mar. 2014. These measures will contribute to the market expansion and commercial development of eco-friendly refrigerant substitutes. HFC-134a and its substitute HFO-1234yf will attract the most attention. On the other hand, CCM notices that R22 is witnessing quickening elimination worldwide. As an alternative to R22, R410a is capturing more and more investment along with its mixed raw materials (R32 and R125).The RMB exchange rate in this issue is USD1.00=RMB6.1190 on 3 Mar., 2014, sourced from the People's Bank of China. In Mar. 2014, the USEPA and the EP announced plans to issue further laws and regulations and implement other relevant measures in order to reduce the use of HFCs with high GWP. These measures will likely contribute to the market expansion and commercial development of eco-friendly refrigerant substitutes. HFC-134a and its substitute HFO-1234yf will attract the most
attention.
R22 is witnessing quickening elimination. As an alternative to R22, R410a is capturing more and
more
investment
along
with
its
mixed
raw
materials.
3F Wanhao’s 20% shares will be acquired by Kureha China, which is predicted to improve its management
level
and
strengthen
its
profitability.
On 26 Feb., 2014, Jiangxi Lee & Man Chemical was approved to launch the PVDF and its complementary R142b project, indicating a sound development of its R&D fluorine chemical deep-processing
products.
Fluorine and salt chemical capacity in Ganzhou City (Jiangxi Province) has reached a certain scale in the past a few years. Meanwhile, two provincial fluorine and salt chemical industry bases provide platforms for enterprises’ further development. Therefore, depending on the abundant fluorite and rock salt resources, Ganzhou City will strengthen its development of fluorine
and
salt
chemical
industry.
The Shanghai Institute of Organic Chemistry at the Chinese Academy of Sciences has recently made breakthroughs in the research of free-radical fluorination reactions. These reactions
present
a
few
advantages
over
conventional
fluorination
reactions.
As the main R22 exporter in China, Changshu City, Jiangsu Province maintained an increase in
Jan.
and
Feb.
2014.
In Jan. 2014, China’s HF witnessed an obvious YoY increase in export volume. It is predicted to
maintain
an
increase
in
H1
2014.
If you would like to cover any specific topics or investigate any covered subjects in more details, please contact us on +86-20- 3761 6606, or econtact@cnchemicals.com. Table of Contents of China Fluoride Materials Monthly Report 1.
US
and
2.
Emerging
3.
3F
EU
investment
Wanhao’s
to in
20%
reduce
R410a
shares
and
to
be
use its
mixed
acquired
by
of
HFCs
raw
materials
Kureha
China
4. Lee & Man Chemical makes headway in R&D of fluorine chemical deep-processing products 5.
Guizhou
Kailin
to
launch
co-production
project
of
AHF
and
SiO2
6. Yinyuan Mining’s new-type fluorine refrigerant project of to go into operation in 2014 7.
Jiangsu
Meilan
may
launch
fluorine
chemical
project
in
Jiangxi
Province
8. Ganzhou City to strengthen development of fluorine and salt chemical industry 9.
Notice
for
ODS
import
&
export
application
in
2014
10. Juhua Group ranks first in 2013 Quzhou Top Ten Export Enterprises List 11. 12.
Fluorine ZCIRI’s
chemical
five
ODS
projects
substitution
introduced
projects
granted
into
Gansu
specialty
fund
Province from
MEP
13. EU starts legal proceedings against Germany regarding its refrigerants for auto air conditioners 14.
Breakthroughs
in
the
study
of
free-radical
fluorine
reactions
15. Two provincial engineering research centers pass evaluation in Sichuan Province 16.
Taiyo
Nippon
Sanso
develops
high-performance
fluorine
resin
17. Changshu’s R22 witnesses YoY increase of 29.20% in export volume in Feb. 2014 18. China’s HF witnesses YoY increase of 11.90% in export volume in Jan. 2014 19.
Import
and
export
analysis
of
fluoride
chemicals
in
China
in
Jan.
2014
20. Domestic ex-works prices of most fluoride materials in Feb. 2014 About CCM CCM is dedicated to market research in China, Asia-Pacific Rim and global market. With a
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