CCM International Ltd

MIIT to Further Standardize Existing Ammonium Phosphate Producers

MIIT issues interim measures for Entry Criteria of Ammonium Phosphate Industry to further eliminate the backward production capacity of phosphate fertilizer.

 

Guangzhou, Guangdong -- (SBWIRE) -- 05/30/2012 -- In order to completely carry out the previously announced Entry Criteria for Ammonium Phosphate Industry (Entry Criteria) (the details see page 4 issue 1 Vol. 1: MIIT to promulgate Entry Criteria for Phosphate and Ammonium Production), China’s Ministry of Industrial and Information Technology (MIIT) issued Interim Measures of Entry Criteria for Ammonium Phosphate Industry (Interim Measures) on April 18th, 2012, according to CCM International’s May issue of Phosphorus Industry China Monthly Report.

In accordance with the Interim Measures, provincial and municipal branches of MIIT are to pick out the qualified producers (in line with the criterion listed in Entry Criteria) among the local existing ammonium phosphate producers. Then a list of qualified ammonium phosphate producers will be published on the MIIT's official website. In addition, the list will be updated yearly mainly through reviewing the producers of the list and accepting new producers who live up to Entry Criteria.

For those producers failing to be included in the list, it'll become difficult for them to apply for loans from banks, obtain import and export qualification certificates from Ministry of Commerce, and even acquire sufficient electricity to satisfy production needs. Nonetheless, these unqualified producers can apply for entering this list next year as this list is updated yearly.

Obviously, the Interim Measures will drive ammonium phosphate producers to innovate their existing ammonium phosphate facility in line with the Entry Criteria. If ammonium phosphate producers still fail to meet the Entry Criteria at the end of 2013, they will be incapable of maintaining stable production.

In short, the Interim Measures will further promote energy saving and emission reduction and eliminate backward production capacity of phosphate fertilizer. Besides, along with the high cost of entry, it will also accelerate the integration in phosphate fertilizer industry.

Source: Phosphorus Industry China Monthly Report 1205
http://www.cnchemicals.com/Newsletter/PhosphorusIndustryChinaMonthlyReport.shtml

Content of Phosphorus Industry China Monthly Report 1205:
Phosphorus Ore
Company Dynamics: Replacement of cooperator promotes asset injection scheme of Hubei Xingfa
Industry Dynamics: Phosphorus ore moves closer to be feedstock of hydrogen fluoride
Policy & Legislation: Five new measures to further regulate phosphorus resources exploitation
Company Dynamics: Kailin Group preparing for expansion of phosphorus ore capacity
Yellow Phosphorus
New Application: Yellow phosphorus off-gas to show huge economic value
Phosphate Fertilizer
New Application: Phosphogypsum expected to be applied as soil conditioner in China
Company Dynamics: Kingenta’s foreignshare holders to cash in stocks
Policy & Legislation: MIIT to further standardize existing ammonium phosphate producers
Fine Phosphate Chemical
Industry Dynamics: Booming semiconductor industry expect to drive high purity phosphoric acid
Industry Dynamics: Phosphorus chemicals alliance set up for making a breakthrough
in technology

Phosphorus Industry China Monthly Report, a monthly publication issued by CCM International on 15th of every month, provides you the latest information on company dynamic, industry dynamic, factors impacting the price fluctuation, technology improvement, supply & demand of China's phosphorus industry.

(Guangzhou China, May 15, 2012)

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