China becomes major titanium producer, consumer
Friday, 15 June 2007
XI'AN, June 14 (CEIS): China has ranked the fourth place in the world in terms of having formed a complete titanium industrial setup after the United States, former Soviet Union and Japan.
Making a start in the 1950s, China began to build a titanium processing, production and research base represented by Baoji Nonferrous Processing (known as the Baotai Group Company Ltd. at present) in Shaanxi Province in 1965.
The industry has developed by leaps and bounds over the past decade with the annual output of titanium products rising from accounting for only three per cent of the total in the world in 1997 to 14.9 per cent in 2006.
The utilization of titanium and the development of titanium industry serve as an important gauge to judge a country's overall strength.
Statistics show that the output of titanium sponge in the world amounted to 125,800 tons in 2006. Included were 18,037 tons produced by China, accounting for more than one seventh of the world's total. This figure was 8,526 tons more than, or 89.6 per cent up, over 2005.
China formed an annual production capacity of 30,000 tons of titanium sponge in 2006.
By the end of 2006, China had formed an annual production capacity of 40,600 tons of titanium ingots, and its actual output reached 22,120 tons, an increase of 5,890 tons, or up 36.3 per cent over 2005.
The year 2006 witnessed the world's output of processed titanium products total 93,200 tons, of which 13,879 tons were processed by China, an increase of 36.9 per cent over 2005.
Making a start in the 1950s, China began to build a titanium processing, production and research base represented by Baoji Nonferrous Processing (known as the Baotai Group Company Ltd. at present) in Shaanxi Province in 1965.
The industry has developed by leaps and bounds over the past decade with the annual output of titanium products rising from accounting for only three per cent of the total in the world in 1997 to 14.9 per cent in 2006.
The utilization of titanium and the development of titanium industry serve as an important gauge to judge a country's overall strength.
Statistics show that the output of titanium sponge in the world amounted to 125,800 tons in 2006. Included were 18,037 tons produced by China, accounting for more than one seventh of the world's total. This figure was 8,526 tons more than, or 89.6 per cent up, over 2005.
China formed an annual production capacity of 30,000 tons of titanium sponge in 2006.
By the end of 2006, China had formed an annual production capacity of 40,600 tons of titanium ingots, and its actual output reached 22,120 tons, an increase of 5,890 tons, or up 36.3 per cent over 2005.
The year 2006 witnessed the world's output of processed titanium products total 93,200 tons, of which 13,879 tons were processed by China, an increase of 36.9 per cent over 2005.