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At the same time, Polyfluorocarbon and Chinalco also reached an agreement to determine a new supply and marketing relationship. After the new company is put into production and operation, Chinalco will underwrite its 80% fluoride salt products according to the new underwriting contract and pricing mechanism, and preferentially purchase the polyfluorinated fluoride salt products under the same conditions; When the company's supply is tight, Polyfluoride will give priority to the supply of fluoride salt products to Chinalco under the same conditions.
It is understood that Polyfluoride (Fushun) Technology Development Co., Ltd. was established on the basis of the original Fushun Fluoride Salt Co., Ltd. Fushun Fluoride Salt is a wholly-owned subsidiary of China Aluminum Corporation, with a registered capital of 30 million yuan. Polyfluoride increased the capital of Fushun Fluoride by 36.66 million yuan, accounting for 55% of the registered capital, making it a holding subsidiary of Polyfluoride, and the name was changed accordingly.
Hou Hongjun, general manager of Polyfluoropoly Chemical Co., Ltd. said that Polyfluoride has established long-term business relationship with domestic large-scale electrolytic aluminum manufacturers such as Chinalco. 19 of the 21 companies with annual output of electrolytic aluminum exceeding 200,000 tons are Company's customers. Since the financial crisis, the decline in the sales price of fluoride salt products has had a major impact on the company's operating income, but the company's high quality products and stable cooperation with customers ensure continuous sales growth and sustained profitability. . He believes that the marketing strategy of “three major markets†implemented by Polyfluoride, that is, the marketing strategy of overseas markets, China Aluminum Corporation and its subsidiaries, and other large domestic electrolytic aluminum enterprises is an important guarantee for their success in the crisis. The development of new high-performance fluoride salt products, in line with the development trend of large-scale, group and internationalization of electrolytic aluminum industry, and strategic cooperation with electrolytic aluminum superior enterprises will also enhance the company's market competitiveness and risk resistance.
It is understood that polyfluoride is China and the world's largest manufacturer of fluoride salt. Its fluoride salt products are mainly used as flux in electrolytic aluminum industry; Chinalco is the largest alumina, primary aluminum and aluminum processing in China. Material producer, the world's second largest alumina producer and third largest electrolytic aluminum producer.
Polyfluoride successfully married China Aluminum
The reporter learned from polyfluoride chemical co., Ltd. on July 7 that the company and the largest aluminum company in China, China Aluminum Corporation, jointly invested 66.66 million yuan to establish polyfluoride in Fushun County, Liaoning Province. Technology Development Co., Ltd. is about to invest 258 million yuan to build an anhydrous aluminum fluoride production line with an annual output of 60,000 tons, mainly supplying fluoride products to China Aluminum. The new company has now obtained a changed business license.