Introduction
Anhui Annada Titanium Industry Co., Ltd. (安徽安纳达钛业股份有限公司), listed in Shenzhen under stock code 002136, is a Chinese specialty chemicals company focused on the manufacture and sale of titanium dioxide and iron phosphate. Headquartered in Tongling, Anhui Province, it operates within the broader plastics and coatings value chain because titanium dioxide is a key white pigment and performance additive used in plastics, coatings, inks, rubber, papermaking, chemical fibers, and daily chemicals.
The company traces its origins to March 1994 as Tongling Annada Titanium Dioxide Co., Ltd., and it was listed on the Shenzhen Stock Exchange on 30 May 2007. Its business has since expanded from titanium dioxide into battery-related materials, with iron phosphate becoming an important second product line as demand grew for materials used in lithium iron phosphate battery systems.
As of recent company disclosures, Annada reported production capacity of 100,000 tons per year of sulfuric-acid-process titanium dioxide and 150,000 tons per year of iron phosphate, with product portfolios spanning nearly ten variants across both series. Company filings also identify it as a national high-tech enterprise, a provincial circular-economy demonstration unit, and a specialized, refined, and innovative enterprise in Anhui Province.
History and Development
Annada’s development reflects two distinct phases: a core expansion in titanium dioxide production and a later diversification into iron phosphate for the battery materials market.
- 1994: The company’s predecessor, Tongling Annada Titanium Dioxide Co., Ltd., was established in March 1994.
- 2007: The company completed its Shenzhen Stock Exchange listing, giving it access to public capital for later capacity and product expansion.
- 2020s: The company broadened its strategic direction beyond pigments into battery-grade iron phosphate, supported by its subsidiary Tongling Nayuan Material Technology Co., Ltd.
A major ownership change was disclosed in 2024, when Wanhua Chemical Group Battery Technology Co., Ltd. completed a share transfer registration, becoming the controlling shareholder. This also changed the company’s effective controller to the State-owned Assets Supervision and Administration Commission of Yantai City as disclosed by the company.
Business Operations and Segments
Annada’s business is organized around two main industrial activities:
- Titanium dioxide products
- Iron phosphate products
The titanium dioxide segment remains the company’s core business. Its products are sold under the Annada brand and include rutile-type, anatase-type, and specialized grades such as leather and wood coating grade, plastic grade, green paint grade, and general-purpose varieties.
The iron phosphate segment is linked to the lithium iron phosphate battery supply chain, as well as applications in catalysts and ceramics. This makes the company relevant not only to traditional plastics processing, but also to the broader materials ecosystem tied to electrification and energy storage.
Products and Technologies
Annada’s technical profile is centered on sulfuric-acid-route titanium dioxide production, a conventional industrial process used globally for pigment-grade TiO₂ manufacturing. The company states that it has production capacity for 100,000 tons per year of this product family.
Main titanium dioxide product types
- Rutile titanium dioxide: generally favored for higher weather resistance, opacity, and durability in coatings and plastics.
- Anatase titanium dioxide: often used where whiteness, brightness, and specific processing characteristics are desired.
- Specialty grades: including products for plastics, leather and wood coatings, green paint, and other application-specific uses.
Iron phosphate technologies
The company also produces iron phosphate, with capacity disclosed at 150,000 tons per year. This product is used in lithium iron phosphate battery materials, and also in catalysts and ceramics.
From an industrial perspective, titanium dioxide is especially important to plastics because it functions as a white pigment, opacity enhancer, and UV-screening additive in polyolefins, PVC, engineering plastics, and masterbatches. Annada’s product mix therefore sits at a key intersection of pigment chemistry and polymer performance.
Applications and End Markets
Annada’s products serve a range of downstream sectors, with the strongest overlap in materials processing industries.
Titanium dioxide end uses
- Plastics
- Coatings
- Rubber
- Inks
- Papermaking
- Chemical fibers
- Daily chemicals
- Pharmaceutical-related uses in some disclosures
Iron phosphate end uses
- Lithium iron phosphate battery materials
- Catalysts
- Ceramics
The plastics sector remains especially important because titanium dioxide is widely used to improve whiteness, hiding power, brightness, and durability in polymer compounds. For a producer such as Annada, demand from plastics is closely linked to broader trends in packaging, consumer goods, building products, and industrial plastics.
Global Presence and Market Position
Annada is headquartered in Tongling, Anhui Province, and its sales reach both domestic and foreign markets according to market and company disclosures.
The company is not positioned as a global diversified conglomerate, but rather as a specialized mid-sized industrial producer with a substantial domestic manufacturing base and a dual-track product strategy. Its reported employee count has generally been in the 700–800 range, and its asset base and listed-company status give it a formal position in China’s industrial chemicals sector.
Public market data and company filings place Annada in the materials/chemicals category, with its business closely tied to cyclical demand in coatings, plastics, and battery materials.
Sustainability and Environmental Initiatives
Annada’s company materials emphasize its role as a circular economy demonstration unit in Anhui Province and its compliance-oriented industrial profile.
According to third-party company profiles, the company has also held certifications including:
- ISO 9001 for quality management
- ISO 14001 for environmental management
- OHSAS 18001 for occupational health and safety
These certifications are relevant in titanium dioxide manufacturing because pigment production is energy-intensive and involves significant environmental management challenges, including waste handling and emissions control. The company’s move into iron phosphate may also reflect a broader industrial strategy to align with lower-carbon and battery-material markets.
Financial Performance and Economic Impact
Recent company disclosures show meaningful scale for a regional chemicals producer. Annada reported 2022 operating revenue of CNY 2.714 billion and net profit attributable to shareholders of CNY 268 million, representing year-on-year growth in both revenue and profit.
More recent market data sources indicate that performance has remained cyclical, with revenue and profitability affected by titanium dioxide pricing, raw material costs, and industrial demand conditions. As with many chemical manufacturers, Annada’s earnings are sensitive to feedstock costs, downstream construction and manufacturing activity, and export market conditions.
The company also contributes economically through:
- Regional industrial employment in Tongling
- Local tax and industrial output contributions
- Participation in China’s advanced materials and battery-materials supply chains
Leadership and Corporate Governance
Company and market disclosures identify the firm as a public company listed on the Shenzhen Stock Exchange, with governance structures typical of Chinese listed industrial manufacturers.
Publicly reported leadership roles have included:
- Chairman
- General Manager
- Chief Financial Officer
- Chief Engineer
- Board Secretary
The company’s governance profile changed materially in 2024 after the transfer of controlling ownership to Wanhua Chemical Group Battery Technology Co., Ltd., a development that may shape future strategy, capital allocation, and industrial integration.
Innovations and Future Outlook
Annada’s future development is likely to depend on two strategic themes.
First, the company’s titanium dioxide business remains tied to demand in plastics, coatings, and industrial materials, where competition is driven by product consistency, application-specific grades, and cost control. Second, its iron phosphate business places it within the fast-growing materials chain for lithium iron phosphate batteries, a segment that has attracted strong industrial investment in China.
Its research infrastructure, including an Anhui high-performance titanium dioxide engineering technology research center and a provincial enterprise technology center, suggests continued emphasis on product development and process improvement.
Key outlook factors include:
- Titanium dioxide market cycles and pricing pressure
- Continued integration into battery-materials supply chains
- Environmental compliance and energy-efficiency requirements
- Ability to differentiate product grades for plastics and coatings applications
Summary
Anhui Annada Titanium Industry Co., Ltd. is a specialized Chinese chemical manufacturer whose core business in titanium dioxide gives it a direct role in the plastics industry, while its iron phosphate operations connect it to battery materials and other advanced industrial applications. With its long operating history, Shenzhen listing, and expanding product base, the company occupies an established position in China’s materials sector and remains closely linked to downstream markets in plastics, coatings, and energy storage.
References
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CPS+ eMarketplace. (n.d.). ANHUI ANNADA TITANIUM INDUSTRY CO., LTD.ANHUI ANNADA TITANIUM INDUSTRY CO., LTD.. CPS+ eMarketplace. https://www.chinaplasonline.com/eMarketplace/ExhibitorInfo?CompId=1021173Link