China Chemical Equipment Manufacturing in the Low Profit Era

China Chemical Mechanical Power Technology Association Deputy Secretary General Cheng governance side, said recently that the international financial crisis, China’s chemical equipment manufacturing industry due to many factors, industry growth is changing the environment, companies are facing the situation of the substantial decrease in profits, industry develop gradually into the marginal profit. Chemical recovery of the equipment manufacturing industry, after about 2016 years ago.

Since 2009, the international financial crisis continues to spread against the background of the chemical industry’s dismal operating performance, continued at the low ebbs. To this end, the chemical industry has taken a series of emergency response measures, such as closing production facilities, delay cancellation of the construction of new projects.According to China Petroleum and Chemical Industry Association analysis showed that first half of 2009 the international financial crisis on the overall impact of the petrochemical industry has also deepened the downturn the industry is still relatively large. Chemical equipment manufacturing industry has been affected. Chemical equipment from some of the major products of view: special equipment refinery production 1 May of the output is 16.303 billion yuan, up 19.8%. Among them, the new product output value of 1.86 billion yuan, up 50.9%; current price sale value of 15.603 billion yuan, up 22.0%; export delivery 4.91 billion yuan, an increase of 13.7%; product sales rate of 95.7%, an increase of 1.72%.

1 ~ May chemical sales of manufacturing equipment is mainly due to some construction projects of oil and chemical companies did not stop, but with the oil and chemical industry business cycle into a downward spiral for some time chemical equipment manufacturing overall decline is inevitable.Although the chemical equipment manufacturing 1 to 5 months of production and sales performance is not bad, but the entire chemical and equipment manufacturing industries have a greater degree of decline in profits.In May of manufacture special equipment sales rate began to decrease chain, 1 May Rubber Processing Equipment for big decline in export value over the previous year.

Many experts believe that the second half of the financial crisis in the industry of chemical equipment manufacturing industry, especially small and medium enterprises will become more prominent effects, its sales, profits and exports fall will be more severe. With the oil and chemical industry production decline in corporate profits, will speed up structural adjustment and industrial upgrading, and further increase the advanced technology, investment in energy saving equipment. Some chemical equipment manufacturing enterprises will have the strength to achieve technological innovation and adoption of energy conservation, improve their competitiveness and to ride out the storm; number of backward technology, single product, the profit is low, only winning production company, it is difficult to withstand the test pressure of the financial crisis. The chemical equipment manufacturing industry will be a new round of reshuffle.

Industry generally believe that the chemical industry for the next take off, first of all depends on the international financial crisis will end. The views of some foreign scholars in the United States economy may recover next year after that, after 2015, the chemical industry will usher in the development of the next peak. But only a few large industrial sector must be reasonable allocation of capacity to effectively reduce inventory. Because when the economic recession, weak demand comes, Hua Gong industry chain including chemical products in the resin, and then to plastic Zhidao downstream of the car, home appliances, each link of inventory Du at a very high level, some industries even close to the highest level of Lishi . Only part of the inventory of each chain have declined, the demand to rebound, then the economy can recover.

Process governing party that since the chemical and equipment manufacturing sector and the chemical industry cycle by a certain lag, chemical equipment manufacturing recovery will be delayed for some time. If the domestic chemical industry, the development of the next peak time is 2015, the chemical recovery of the equipment manufacturing industry, after about 2016 years ago.

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