A Comprehensive Analysis of China's Increasing Soda Ash Industry 2008: Including...

Thu Aug 7, 2008 10:00pm EDT
 
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A Comprehensive Analysis of China's Increasing Soda Ash Industry 2008: Including an Analysis of Key Companies & Prices

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/56fe3c/analysis_of_china)
has announced the addition of the "Analysis of China's Soda Ash
Industry 2008" report to their offering.

   Soda ash is the most important raw material of the basic chemical
production, mainly uses in glass, light industry, chemical industry
and metallurgical industry and so on. In recent years, China's soda
ash industry has been developed significantly in terms of the rapid
growth of China's economy; and its international competitiveness has
also improved. Meanwhile, in order to meet the growing demand of
downstream industries, the output of soda ash has increased gradually
in China. Due to the environmental issue, Europe and the United States
and other countries have reduced production of soda ash, but, on the
other hand, the demand of soda ash in international market continues
to grow, the shortage of supply has pushed the price rising, all of
these elements have created more opportunity for China's soda ash
exports and improved the development of China's soda ash industry.

   2007 was the best time for China's soda ash industry, and the
principal features are the shortage of supply and the continued rising
price. The output of soda ash recorded 17.718 million tons in 2007, an
increase of 13.1 per cent year-on-year, increased 2.6 percentage
points than last year; exported 1.706 million tons, down 5.7 per cent
year-on-year; the prices from 1550 yuan / ton in the beginning of the
year up to 1850 yuan / ton in the end of the year, an increase of 20
per cent.

   In 2008, the domestic soda ash prices has continued rising,
reaching a recording high level to 2,080 yuan / ton in the Mar 2008,
an increase of 34.2 per cent. The reason is the rising cost and strong
demands caused the price up.

   At the global market, soda ash is mainly used for glass
production, which accounting for 50 per cent of the world's output;
the rest is for chemicals and synthetic detergent. Currently in
Chinese market, soda ash is mainly used in: 44% of the glass industry,
25% of chemical industry, 6% of light industry and 7% of metallurgical
industry and 18% others.

   In terms of the growth of China's construction and automotive
industries, the demands for high-quality flat glass will continue to
increase, which will lead to the growth of the low-salt soda ash
dense, thus, enlarging the proportion of soda ash dense, particularly
the low-salt soda ash dense is the direction of China's soda ash
industry to adjust its products' structure.

   Key Topics Covered:

   - The world soda ash industry

   - China's soda ash industry

   - The investment of fixed asset and expansion of capacity

   - Price

   - Key companies

   - List of Figures

   - List of Tables

   Companies Mentioned:

   - Shandong Haihua

   - Tangshan Sanyou Chemical Industries Co.,Ltd

   - Hubei Shuanghuan scie-tech Co., Ltd

   For more information visit
http://www.researchandmarkets.com/research/56fe3c/analysis_of_china

Research and Markets
Laura Wood
Senior Manager
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716

Copyright Business Wire 2008

 

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