Vertical integration key to China’s fluorochemical expansion
Published: Thursday, 28 May 2015
End-Market Analysis: Sourcing raw material from a cheap labour and low-production cost base has prompted China’s downstream expansion as vertical integration boosts the country’s acidspar demand with growing consumption rates.
China’s development of its downstream fluorspar
markets through value addition have become evident through its
constantly growing hydrofluoric acid (HF) and aluminium
fluoride (AlF3) exports, which were up by 12% and
18% y-o-y respectively last year.
Exports of HF increased by 110% between 2009 and 2014, while