China Fluoride Materials Monthly Report 1603

Date: 2016-04

“In March 2016, China’s fluorochemical industry saw gradual production resumption and recovering business transaction. Hopefully, the refrigerant segment is to grow better since the traditional air conditioner peak period is coming.

However, the domestic air conditioner market, trapped in high inventory and demanded poorly by real estate business, is still facing great shipment pressure. In addition, as the upgrading for environmental protection is speeding up, the use of specific fluorine-enriched refrigerants will be restricted greatly, such as HCFC-22 and R410a.

On the contrary, the lowly-GWPed refrigerants that are supported by government policies, will be continuously and increasingly demanded, including R290 and HFC-32.

According to CCM’s research, many fluorochemical enterprises have been developing fine fluorochemicals business, in light of the emerging downstream industries. Specifically in the field of electronic chemicals,
– Hubei Hongyuan: to expand LiPF6 production capacity
– Befar: to launch LiPF6 and electronic grade HF projects
– Haisifu Chemical: to invest USD30.59 million (RMB200 million) in fluorine-enriched electronic chemicals project”

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