Europe's third-largest lighting company announces increased price of fluorescent lamps


Originally known as Xiwannian, Savannah was renamed Sylvania in March 2008. It is a 100-year-old European manufacturer and distributor of professional lighting products, including: Sylvania, Conord, Lumiance, LinoliteSylvania, with 18 plants in Europe, America, Africa and Asia, is now one of the world's largest producers of light and lighting products and is the third largest lighting company in Europe.
In light sources and electrical products, Sylvania has incandescent, fluorescent, energy-saving lamps, tungsten halogen lamps, high-intensity gas discharge lamps, solid-state lighting LEDs, special light sources and other product lines. Recently, due to the price increase of rare earths, Sivonia announced the increase in the price of fluorescent lamps.
China's rare earth reserves and production rank first in the world. China produced a total of 119,000 tons of rare earths in 2010, accounting for more than 96% of global rare earth production. According to foreign media reports, due to China's restrictions on rare earth exports and mining, resulting in increased costs of the global lighting supply chain, it is expected that other lighting manufacturers will announce further price increases in the short term.
AnujVasu, senior director of strategic business units for fluorescent lamp production in Sivonia, said: The sharp increase in the cost of this important raw material has made it impossible for us to maintain the current product price. Our goal is to provide high quality first-class products and have to raise prices. To maintain quality. The price of rare earth has increased by 10 times in just 5 months, resulting in a sharp rise in the production costs of fluorescent lamps and lighting products.
At present, countries are actively looking for countermeasures against China's restrictions on rare earths. Countries such as the United States, India and Russia are expanding rare earth mining and looking for ways to extract rare earths from waste recycling. A Japanese research team recently discovered a large amount of rare earths in the central and southeastern Pacific Ocean, and for the first time confirmed the existence of rare earth resources with mining value on the seabed. Japanese scientists believe that the seabed may contain between 80 billion and 100 billion tons of such metals, which is 1,000 times the proven reserves of rare earth metals on land.

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