Titanium and tungsten carbide are in the list of state-level new materials

According to the report by the China Securities Journal on Tuesday, the Ministry of Industry and Information Technology is deciding the list of new material industries among the strategic emerging industries. Non-ferrous metal industry alone has reported nearly 100 kinds of new materials, among which titanium and the intensive processing products of tungsten (tungsten carbide) have finally been selected.

 

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The tungsten alloy electroplating technology got recommendation

The 2010 promotion held in Changsha several days ago recommended tungsten alloy electroplating technology in the entire province. Technical leaders and executives from more than 130 famous enterprises attended this promotion.

Tungsten alloy electroplating technology is one that applys to the corrosion and erosion resistance of the surface of mechanical equipment and parts. It was researched and developed originally by a team leaded by He Fengjiao, a professor of College of Chemistry and Chemical Engineering, Hunan Normal University.

 

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Chinese tungsten carbide market: from minor character to a major one

With the rapid expanding of Chinese automobile industry, the demand for cutting tolls used for automobile parts & components processing is increasing growing. Besides, the demand for tungsten carbide in steel, transportation, construction and other sectors is more and more strong. The Chinese market has quietly evolved into a major character from a minor one, according to the strategic prospect of foreign tungsten carbide multi-national companies.

By the end of the five-year plan in 2015, the output of tungsten carbide in China will reach 30,000 tons, and sales revenue will reach 30 billion yuan. The exports double that of the 11th five-year plan period, trying to exceed 1 billion dollars.

 

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The tungsten Industry has become the driving force of Ganxian County economic development

The tungsten industry in Ganxian County gained the main business revenue of 6.62 billion yuan, with year-on-year growth of 26.9 percent, spurring increase in enterprises at national scale by 7.5 percentage points. Tungsten Industry has become the driving force of its county economic development.

In order to make the tungsten industry bigger and stronger, the county has make the following efforts: integrating the tungsten mines of the entire county to optimize resource allocation; fostering the growth of leading enterprises with supports such as capital, water-power supply, policy and talents; accelerate the pace of scientific and technologic innovation. At present, there are more than 10 enterprises engaged in tungsten processing gaining the annual main business income of more than 100 million yuan, among which 4 enterprises pay taxes of more than 10 million yuan.

 

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Xiamen Tungsten plans to invest 3 billion in tungsten carbide project construction

Xiamen Tungsten still plans to invest heavily to build tungsten carbide project to expand existing capacity, in spite of the sharply decline in sales followed by the price downward trend of tungsten, rare earth and other major products.

The announcement published on April 17th said that the company has sign the production project contract of tungsten carbide with Luoyang High-tech Economic & Technological Development Zone Management Committee. It will establish a company in the High-tech Zone to take responsibility for the implementation of the project while the committee will actively assist.

Xiamen Tungsten stressed that this project is a basic invest intent and will be built in phases, among which the first phases will spend 1 billion. The concrete follow-up investment ways and amount are to be researched and argued after the complement of the first phase project.

 


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