New chemical materials
Data tracking
The aggregated MDI market pushed up, and PBAT maintained a weak and stable trend
Industry dynamics
Signing and implementation of 12000 ton carbon fiber industrial park project
Delivery and acceptance of Zhongjing Petrochemical’s world’s largest multi-component copolymerized polypropylene unit with an annual output of 1.2 million tons
The two departments released guidance on high-quality development of chemical fiber industry
Company dynamics
Guangzhou Tinci Materials Technology Co.Ltd(002709) : it is planned to invest 1.005 billion yuan to build an annual output of 300000 tons of iron phosphate through the subsidiary
Hengli Petrochemical Co.Ltd(600346) : proposed to spin off the subsidiary Kanghui new material, backdoor Dalian Thermal Power Co.Ltd(600719) reorganization and listing
Liansheng chemical: IPO and listing on GEM
Mitsubishi Chemical: cooperate with AMAC to develop thermoplastic composite business in European market
DSM: selling protective materials business for € 1.44 billion
Investment advice
New chemical materials: it is suggested to pay attention to the track of new chemical materials with significant import substitution effect, large growth space and high technical barriers, and to the representative listed companies Wanhua Chemical Group Co.Ltd(600309) , Rongsheng Petro Chemical Co.Ltd(002493) , Hengli Petrochemical Co.Ltd(600346) , Weihai Guangwei Composites Co.Ltd(300699) , etc.
New metal materials
Data tracking
The price of cobalt salt and lithium salt was corrected, and the price of light rare earth rose and fell
Industry dynamics
Baotou rare earth high tech Zone signed 27 projects in the first quarter, with a total investment of 18.83 billion yuan
In the first quarter of 2022, China imported 529000 tons of lithium concentrate and 27500 tons of lithium carbonate
Company dynamics
Glencore: announce a long-term supply agreement with General Motors
Talonmetals: the expansion of mtmarion spodumene project will increase the production capacity to Shanghai Pudong Development Bank Co.Ltd(600000) tons / year
Sichuan Yahua Industrial Group Co.Ltd(002497) : subscribe for the equity of Canada super lithium company and involve mining right investment
Zhejiang Huayou Cobalt Co.Ltd(603799) : the conditions for acquiring 100% equity of Zimbabwe prospect lithium mining company have been met
China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) : in 2021, the revenue will reach 30.41 billion yuan and the net profit attributable to the parent company will reach 5.13 billion yuan
Nuode Investment Co.Ltd(600110) : revenue of 4.45 billion yuan and net profit attributable to parent company of 410 million yuan in 2021
Investment advice
New metal materials: it is suggested to focus on the leading energy metal enterprises Zhejiang Huayou Cobalt Co.Ltd(603799) , Tianqi Lithium Corporation(002466) , Chengxin Lithium Group Co.Ltd(002240) , Nuode Investment Co.Ltd(600110) , which benefit from carbon neutralization and rapid growth in demand.
