Titanium Energy Chemical expects first-half profit to rise up to 80%, leveraging full-industry-chain strengths to buck the trend

Earnings
โดย 证券时报·Read original
Summary · why it matters

Titanium Energy Chemical has released its half-year earnings forecast, projecting attributable net profit for the first half of 2026 at 394 million to 467 million yuan, a year-on-year increase of 52 to 80 percent. Against a backdrop where the titanium dioxide industry is broadly under cost pressure and most companies are seeing revenue grow without profit gains or are even posting losses, the company has achieved a sharp rise in profit by relying on four core advantages: its layout of mineral resources, expansion of phosphorus chemicals, ramping up of new energy materials, and green-cycle integration across the entire industrial chain. The company is deeply engaged in the sulfate-process titanium dioxide business, with production bases in Jiayuguan and Baiyin in Gansu, and Maanshan in Anhui, and its annual capacity ranks among the top in the industry. Through external acquisitions, it has secured phosphate mining assets such as Shuangyang Phosphate Mine and Guizhou Zhonghe Phosphorus Carbon, opening up upstream raw material channels, with the phosphorus chemicals segment seeing both volume and price increases. Its new energy materials business, lithium iron phosphate, has passed certification with leading battery customers and is supplying in bulk, using ferrous sulfate, a byproduct of titanium dioxide production, as the iron source, forming an industrial iron triangle of titanium chemicals, phosphorus chemicals, and new energy materials, and opening up entirely new profit growth points. The company has built a green coupled circular system that converts waste into raw materials for lithium batteries, reducing costs and boosting efficiency. Titanium dioxide production and sales have reached new highs, market share has steadily increased, and the company has completed its strategic transformation from a traditional chemical firm to a new energy and new materials platform.

Impact on stocks 1

Others▲ · 1 stocks

Theme Impact 1

Off-coverage companies 2

贵州中合磷碳Private± Mixed
relevance

贵州开阳双阳磷矿有限公司Private± Mixed
relevance

Related news

▲2

Cabot Expands Battery Materials Platform With $50M DOE Grant

Cabot Corporation is expanding domestic production of advanced conductive additives at its Franklin, Louisiana, and Pampa facilities through a modified $50 million grant from the U.S. Department of Energy's Office of Critical Minerals and Energy Innovation. The funding, combined with approximately $75 million of Cabot investment, is intended to meet rising demand for energy storage systems, AI infrastructure, data centers, grid modernization and broader electrification. Under the revised agreement, Cabot will redirect funding from its originally planned Michigan project toward a two-site brownfield expansion, a move expected to accelerate development, improve production efficiency and strengthen supply capabilities. The investment will support Franklin's production of LITX advanced battery-grade conductive carbons, while the Pampa facility will establish Cabot's first commercial-scale production of carbon nanostructures and part of its ENERMAX product family, with both projects expected to become operational by the end of 2028. Cabot's shares have gained 17% year to date compared with the industry's 13.7% rise in the same period.
CBT ▲
Electrification & Mobility ▲Critical Materials & Supply Chain ▲Energy Transition & Power Demand ▲
Zacks Investment Research·17hRead more →
5

SCC jumps 3% after ROC resumes operations, KSS maintains 315 baht target

Shares of Siam Cement Public Company Limited, or SCC, rose 2.70% to 266.00 baht after the company announced the restart of production at its ROC plant, which has an olefins production capacity of about 1.35 million tonnes per year, from September 17, 2026, after it secured sufficient feedstock from sources outside the Middle East, such as Malaysia, Africa and other sources, for continuous production. SCC is targeting a combined utilisation rate with its MOC plant, which has a capacity of about 2.05 million tonnes per year, of more than 80%, close to pre-war levels. Krungsri Securities Public Company Limited, or KSS, said the restart of ROC within the late third quarter of 2026 was in line with the company's target, and maintained its "buy" recommendation on SCC with a 2027 target price of 315 baht, naming it one of its top picks, and expects SCC's normal profit in 2026-2028 to grow by an average of 110% per year.
SCC.BK ▲
Critical Materials & Supply Chain
Kaohoon·1dRead more →
9

SCGC announces Rayong Olefins plant restart after temporary halt due to Middle East situation

SCG Chemicals, or SCGC, announced that Rayong Olefins Company Limited (ROC), part of the SCGC business group, has successfully restarted its olefins plant after announcing a temporary shutdown in March 2026 due to the Middle East situation. The company conducted a comprehensive assessment of operational readiness as well as safety and environmental standards. Sakchai Patiparnprechavut, Chief Executive Officer and President of SCG Chemicals Public Company Limited, stated that the key factors considered in restarting the ROC plant this time included continuity in feedstock procurement, or feedstock security, and the readiness of the plant, along with the commitment to continuously deliver products to customers, partners, and all stakeholders. Sakchai also emphasized that the Middle East situation remains volatile and uncertain, so SCGC continues to closely monitor the situation and rapidly adjust its strategies to respond on an ongoing basis, focusing on feedstock procurement and on managing feedstock and production as efficiently as possible in order to increase opportunities and build competitiveness, while preparing for the changes in the increasingly challenging global petrochemical industry.
Critical Materials & Supply Chain
Share2Trade·1dRead more →
© 2026 MarketDXNews