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At the first event of this year's Shanghai Salon of Shanghai Chemical Industry Professionals with senior returnees, Hu Xiaodong, President of Germany Southern China, Hu Jiangbin, General Manager of the US Pharmacopeial Chinese Region, and Senior Scientist of Ciba Specialty Chemicals (China) Chen Sheng, Han Feng of DuPont (China) R&D Management Center, and executives from Mitsui Chemicals Andrex Technology and China Lion Chemicals, etc., analyzed the current situation of the global economy and chemical industry, and believe that the Chinese chemical industry will emerge this year. The trend of W?? is currently a good time for China's chemical industry to conduct overseas mergers and acquisitions, attract talents, and innovate in technology.
Predictions that China's chemical industry may have this year
The chemical industry is very cyclical and it is basically consistent with the overall economic trend. For the current hot economic situation in China, China’s economic situation is expressed as a type of investment, a type of investment, or a type of investment, and Steve Lee, a partner of Arsenal Investment Advisors (Shanghai) Co., Ltd. ( Steve Li's opinion is that although the Chinese government started domestic demand, some industries began to pick up, which will bring a wave of growth to the Chinese chemical industry. However, one-third of China's GDP comes from exports, dragged down by European and American economies. This year, the industry may show a trend of growth. Only by the first half of next year will there be new growth.
Steve Lee pointed out that at present foreign companies are watching the development of the international economic situation. Some organizations predict that the global economic growth this year will be about 0.5%, while the Chinese government proposes a target of 8% growth in 2009, which shows that the Chinese The confidence shows that China will not be deeply affected by the financial crisis. However, when does the global financial crisis come to an end? When will the world's chemical industry recover? Steve Lee analyzed that the current international financial crisis is certainly not bottoming out. The European and American economies have experienced negative growth for two consecutive quarters. There have been reports that the Fed is printing money. This is a bad signal. This year the world economy may linger around zero growth. The global economy may begin to recover next year.
Suggest to learn to do ??
In the current global economic recession, Sun Zhan, general manager of Albemarle China, proposed that chemical companies should learn from the eagle and do not use rabbits to achieve the company's development strategy with the eagle's keenness, courage and ability. . He also pointed out that now should be the best time for mergers and acquisitions of international fine chemical companies, but also a good opportunity for the introduction of foreign outstanding science and technology and management personnel, but also a good strategic period for the Chinese chemical industry to optimize the structure, and this year's corporate mergers and acquisitions The cost of talent introduction is much lower than in previous years.
Sun Zhan said that the recent closure of many European and American enterprises has become an effective resource for international mergers and acquisitions. However, although the Ministry of Commerce has introduced policies to encourage Chinese companies to go global, there are not many Chinese chemical companies interested in acquiring international resources. One of the main reasons is that companies lack professional talents. In fact, it is possible to entrust international relevant institutions such as private equity funds for mergers and acquisitions. Through mergers and the use of foreign advanced technology, products and talents, it is a shortcut to improve the quality of China's fine chemicals to international standards.
The Chinese economy is unique in the global economy. The Chinese market is full of opportunities for foreign companies. Steve Lee analyzed that China’s chemical industry is relatively backward. Foreign companies can find markets in the fields of chemical product reprocessing, environmental protection, and safety production. China’s chemical market sales model is relatively backward, and foreign companies can cooperate in the modern service industry. . Arsenal Investment Advisors (Shanghai) Co., Ltd., through cooperation with U.S. headquarters, acquired a fine chemical plant in Suzhou in the second half of 2008. New Nortel Chemicals Co., Ltd. was newly established to produce lithium battery electrolyte products with great prospects.
Dr. Li Chenggang from the Dow Chemical Company in China introduced that multinational companies such as Dow Chemical have focused Asia, especially China, on development because China’s economic growth is much faster than that of North America, and the Chinese government has proposed a large-scale drive for domestic demand. Economic stimulus programs have brought new opportunities for foreign companies.
Opportunities Adhere to innovation and dare to invest
Technological innovation has always been the development strategy and growth characteristics of foreign chemical companies in China. The economic stimulus package promulgated by the Chinese government, especially the ten major industrial rejuvenation plans, has provided a favorable policy environment for the optimization of chemical industry structure and industrial upgrading. Transnational chemical companies are accelerating the development of emerging chemical markets and further developing their potential in the Chinese market.
Dr. Xue Songsheng, Honeywell’s Asia Technical Director for Special Materials, told reporters that Honeywell’s R&D business in China has not been affected much since the financial crisis broke out. There are two reasons for this: First, its research and development expenses are directly According to materials headquarters, even in the face of economic difficulties, Honeywell insists on the Chinese market and does not reduce expenses in the research and development field. Second, recently, domestic companies have the energy to focus on innovation and take the initiative to come to Honeywell in the case of insufficient operating capacity. The Seoul Technical Center requires cooperation in the development of new polymer products and new applications that can be brought to market once the economy recovers.
Zhang Xiujia, president of the US-based Spokane Chemical (Shanghai) Co., Ltd., said that before and after the two conferences, the Chinese government introduced a series of policies to stimulate the economy and revitalize the industry, which also provided strong support for the long-term development of foreign companies in China. .
Sun Zhan pointed out that the Chinese government has a lot of opportunities to help China's economic recovery. In fact, we have already seen the positive impact of the Chinese government's response to the financial crisis on the company's business, such as construction and transportation. Albemarle currently has two technical R&D centers in Nanjing and Shanghai to support the growth of polymer additives in China. At the same time, Albemarle is planning to add 8,000 tons of polymer antioxidant capacity at its Shanghai Jinshan plant. Albemarle positions itself as an industry leader to serve and support customers in China.
According to Wang Yong, an environmental resource management consulting firm (Shanghai) Co., Ltd. in Yilm City, emerging industries such as renewable energy industry, water treatment industry, environmental protection industry, and biotechnology industry are bred in the economic crisis. The Chinese government attaches great importance to these industries and has formulated long-term development plans. Governments at all levels are also increasing investment. Illm will strengthen its water treatment business through innovation and necessary investment.
Predictions that China's chemical industry may have this year
The chemical industry is very cyclical and it is basically consistent with the overall economic trend. For the current hot economic situation in China, China’s economic situation is expressed as a type of investment, a type of investment, or a type of investment, and Steve Lee, a partner of Arsenal Investment Advisors (Shanghai) Co., Ltd. ( Steve Li's opinion is that although the Chinese government started domestic demand, some industries began to pick up, which will bring a wave of growth to the Chinese chemical industry. However, one-third of China's GDP comes from exports, dragged down by European and American economies. This year, the industry may show a trend of growth. Only by the first half of next year will there be new growth.
Steve Lee pointed out that at present foreign companies are watching the development of the international economic situation. Some organizations predict that the global economic growth this year will be about 0.5%, while the Chinese government proposes a target of 8% growth in 2009, which shows that the Chinese The confidence shows that China will not be deeply affected by the financial crisis. However, when does the global financial crisis come to an end? When will the world's chemical industry recover? Steve Lee analyzed that the current international financial crisis is certainly not bottoming out. The European and American economies have experienced negative growth for two consecutive quarters. There have been reports that the Fed is printing money. This is a bad signal. This year the world economy may linger around zero growth. The global economy may begin to recover next year.
Suggest to learn to do ??
In the current global economic recession, Sun Zhan, general manager of Albemarle China, proposed that chemical companies should learn from the eagle and do not use rabbits to achieve the company's development strategy with the eagle's keenness, courage and ability. . He also pointed out that now should be the best time for mergers and acquisitions of international fine chemical companies, but also a good opportunity for the introduction of foreign outstanding science and technology and management personnel, but also a good strategic period for the Chinese chemical industry to optimize the structure, and this year's corporate mergers and acquisitions The cost of talent introduction is much lower than in previous years.
Sun Zhan said that the recent closure of many European and American enterprises has become an effective resource for international mergers and acquisitions. However, although the Ministry of Commerce has introduced policies to encourage Chinese companies to go global, there are not many Chinese chemical companies interested in acquiring international resources. One of the main reasons is that companies lack professional talents. In fact, it is possible to entrust international relevant institutions such as private equity funds for mergers and acquisitions. Through mergers and the use of foreign advanced technology, products and talents, it is a shortcut to improve the quality of China's fine chemicals to international standards.
The Chinese economy is unique in the global economy. The Chinese market is full of opportunities for foreign companies. Steve Lee analyzed that China’s chemical industry is relatively backward. Foreign companies can find markets in the fields of chemical product reprocessing, environmental protection, and safety production. China’s chemical market sales model is relatively backward, and foreign companies can cooperate in the modern service industry. . Arsenal Investment Advisors (Shanghai) Co., Ltd., through cooperation with U.S. headquarters, acquired a fine chemical plant in Suzhou in the second half of 2008. New Nortel Chemicals Co., Ltd. was newly established to produce lithium battery electrolyte products with great prospects.
Dr. Li Chenggang from the Dow Chemical Company in China introduced that multinational companies such as Dow Chemical have focused Asia, especially China, on development because China’s economic growth is much faster than that of North America, and the Chinese government has proposed a large-scale drive for domestic demand. Economic stimulus programs have brought new opportunities for foreign companies.
Opportunities Adhere to innovation and dare to invest
Technological innovation has always been the development strategy and growth characteristics of foreign chemical companies in China. The economic stimulus package promulgated by the Chinese government, especially the ten major industrial rejuvenation plans, has provided a favorable policy environment for the optimization of chemical industry structure and industrial upgrading. Transnational chemical companies are accelerating the development of emerging chemical markets and further developing their potential in the Chinese market.
Dr. Xue Songsheng, Honeywell’s Asia Technical Director for Special Materials, told reporters that Honeywell’s R&D business in China has not been affected much since the financial crisis broke out. There are two reasons for this: First, its research and development expenses are directly According to materials headquarters, even in the face of economic difficulties, Honeywell insists on the Chinese market and does not reduce expenses in the research and development field. Second, recently, domestic companies have the energy to focus on innovation and take the initiative to come to Honeywell in the case of insufficient operating capacity. The Seoul Technical Center requires cooperation in the development of new polymer products and new applications that can be brought to market once the economy recovers.
Zhang Xiujia, president of the US-based Spokane Chemical (Shanghai) Co., Ltd., said that before and after the two conferences, the Chinese government introduced a series of policies to stimulate the economy and revitalize the industry, which also provided strong support for the long-term development of foreign companies in China. .
Sun Zhan pointed out that the Chinese government has a lot of opportunities to help China's economic recovery. In fact, we have already seen the positive impact of the Chinese government's response to the financial crisis on the company's business, such as construction and transportation. Albemarle currently has two technical R&D centers in Nanjing and Shanghai to support the growth of polymer additives in China. At the same time, Albemarle is planning to add 8,000 tons of polymer antioxidant capacity at its Shanghai Jinshan plant. Albemarle positions itself as an industry leader to serve and support customers in China.
According to Wang Yong, an environmental resource management consulting firm (Shanghai) Co., Ltd. in Yilm City, emerging industries such as renewable energy industry, water treatment industry, environmental protection industry, and biotechnology industry are bred in the economic crisis. The Chinese government attaches great importance to these industries and has formulated long-term development plans. Governments at all levels are also increasing investment. Illm will strengthen its water treatment business through innovation and necessary investment.
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