20 4
中国材料进展
Existing problems in China titanium industryand conclusion
In the ' Development Report on China Titanium Industry
2009', we analyzed the imperfection of China titanium indus-try from five aspects, including insufficient industrial ag-glomeration, poor intrinsic and organic correlation between upstream and downstream enterprises, arduous task of ener-gy saving and emission reduction in titanium smelting, in-complete techniques of titanium processing which fails to fully satisfy the demand of national economy development, and the quality of titanium enterprises which needs to be further improved. The above five problems are being solved gradual-ly in 2010 but not yet completely removed, which have to be further perfected in future development ( please refer to the(Development Report on China Titanium Industry 2009)).
第30卷
Besides the above five, another problem which becomes more and more serious is the over investment of China titani-umindustry.Theintemational financial crisis in 2008 and 2009 and output decrease of both sponge titanium and titani-um mill products in 2009 have resulted in sharp decline of e-conomic benefits and even zero profit of many enterprises. But huge investment in the past few years has promoted China's production capacity of sponge titarium and titanium ingot coming up to 103 500 t and 89 200 t in 2010, increas ing by 30. 0% and 7. 6 % respectively compared with that of the previous year.Excessive growth of production capacity will induce over competition and affect the healthy develop-ment of China titanium industry.
It is necessary for any an enterprise to make sufficient investigation and study, and give full attention to the capital risk , technical risk and market risk before investing in titani-um industry.
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