Asian Metal visits Guangdong Yuxing Fire-retardant New Materials and Jiefu Corporation

On March 22nd, Annabella Xu, analyst of antimony in Asian Metal visited Guangdong Yuxing Fire-retardant New Materials Co., Ltd (Yuxing or the Company). and friendly communicated with Huang, Jinjiang, the manager of purchasing department, and Baike Yip, the International Trade Department Supervisor, and learned the production and sales situation of the Company. Mr Huang and Ms Yip mainly introduced their non-halogen flame retardant and synthetic of flame retardant, and how the Company kept the profit growth on the low market since the second half of 2011.

Guangdong Yuxing Fire-retardant New Materials Co., Ltd. was founded in 1998, and is an important antimony trioxide producer in Guangdong.

On March 22nd, Annabella Xu visited Jiefu Corporation, and met the Chairman, Dragon Xie, the General Manager Assistant, Franky Zhao, the Market & Sales Manager, Wilson Zeng, Vice General Manager of Marketing Center, Wenyan Huang and the Feng Lin. Jiefu Corporation expressed the same opinion as Asian Metal in the conversation, thinking the antimony market will be volatile in 2012, no steep price rise and slump on production cost increase and weak demand.

Jiefu Corporation was established in 1993 and is a major antimony trioxide producer and exporter in Guangdong, and also is a qualified supplier and has its own export quota of antimony trioxide in H1 2012, and Jiefu revealed the difficulty in exporting antimony trioxide in the past months owing to low economy all over the world.