“In 2010, the country released policy signals in terms of eliminating backward production capacity, strictly controlling blind expansion of the industry, and promoting clean production, indicating that the industrial restructuring of the chlor-alkali industry has begun.†Zhang Wenlei, secretary general of China Chlor-Alkali Industry Association, said recently. "This year under the guidance and support of the country's various policies and measures, industrial restructuring and energy conservation and emission reduction will become an important part of the healthy development of the chlor-alkali industry."
At the same time, the annual report of the listed companies in the chlor-alkali industry has revealed that a number of companies have experienced declines in their profits or even losses, which also shows that one aspect of the industry's structural adjustment has been waiting.
Loss of capacity due to overcapacity
According to the 2009 annual report of Tangshan Sanyou Chemicals, the company achieved operating income of 3.58 billion yuan in 2009, net profit of 38.466 million yuan, and earnings per share of 0.041 yuan. Net profit and earnings per share decreased by 80% year-on-year.
Shandong Haihua annual report shows that in 2009, the loss was 700 million yuan, and the loss per share was 0.79 yuan. The chloroalkali chemical announced that the company’s net profit attributable to listed companies in 2009 was a loss of 390 million yuan, and the loss per share was 0.3343 yuan. ST Jinhua expects to have a loss of about 490 million yuan in 2009 and a loss of about 1.451 yuan per share. Southern Chemicals expects to lose about 280 million yuan in 2009. Qingdao Alkali Industry expects 2009 net profit loss of about 210 million yuan.
An analyst from the Industry Development Department of the China Petroleum and Chemical Industry Association believes that excess is the main reason for the loss of the chlor-alkali industry.
Structural contradictions highlighted
Some experts predict that this year's domestic chlor-alkali industry will be supported by machinery, building materials, light industry, textile and other related industries, and the increase in output of major products is expected to exceed 10%. However, if the chlor-alkali industry wants to achieve healthy and sustainable development, it urgently needs to solve the problems of overcapacity and excessive industrial concentration.
Statistics show that only in 2010 throughout the country on the planned capacity of suspended PVC plant capacity of 4.44 million tons / year, the new PVC paste resin device capacity of 145,000 tons / year, the new capacity of 5.975 million tons of caustic soda / year. According to industry forecasts, only 40% to 50% of the planned projects this year are expected to start production on schedule. In addition, the lack of industry concentration is also an internal resistance to the development of the chlor-alkali industry.
In recent years, there have been many mergers and acquisitions in the domestic chlor-alkali industry, and mergers and reorganizations have quietly begun in the industry. With the expansion of energy and mergers and reorganizations, the degree of industrial concentration has increased to some extent. For example, Yantai Wanhua’s acquisition of Donggang’s electrification, Jinniu’s reformation, and New Hope’s restructuring of Baoshuo.
In 2010, mergers and reorganizations characterized by the reconfiguration of industry resources in the chlor-alkali industry will be carried out in a wider range, which is expected to increase the industrial concentration of the chlor-alkali industry. In addition, a series of industrial policies centered on low carbon will also further promote industrial restructuring of the chlor-alkali industry.
Don't wait to change your development
The reporter has learned that in order to solve the problems in the development of the chlor-alkali industry, the state recently introduced a series of laws and regulations such as the caustic soda and the PVC industry clean production standards to guide the healthy and rapid development of the industry.
Industry experts pointed out that under the guidance of various regulations and standards, the domestic chlor-alkali industry has experienced rapid growth in production capacity in recent years, the scale of the industry has continued to increase, and the company's comprehensive competitiveness has continued to strengthen the period of rapid development. However, under the influence of the financial crisis in 2009, China's chlor-alkali industry still exposed some problems, such as the project's repeated construction is outstanding, the industry's circular economy, clean production work needs to be further promoted and implemented, elimination of backward production capacity still need to strengthen and some of the company's product structure Simple and so on.
To this end, industry experts said that the chlor-alkali industry should gradually solve the problems accumulated in the development of the following aspects, and further accelerate the transformation of economic development.
The first is to increase technological transformation. With the special funds for technological reforms of national and local government agencies, the chlor-alkali enterprises will be promoted to develop new products and the promotion and application of energy-saving and consumption-reducing technologies, so as to increase the resource utilization rate of the entire industry and reduce the energy consumption per unit product. A series of clean production technologies such as dry acetylene and low-mercury catalysts will be continuously promoted, implemented and applied in the industry.
The second is to promote the merger and reorganization of enterprises inside and outside the industry. With the help of reorganization, the elimination of outdated production capacity will be accelerated, and the chlor-alkali upstream and downstream industrial chains will be established more effectively, the intermediate costs will be shortened, and the industry concentration will be increased to enhance the overall competitiveness of the industry.
The third is to comprehensively improve the chlor-alkali business image and product quality. Guide chlor-alkali enterprises to focus on brands, standards, services and benefits, improve relevant quality management systems, and strengthen corporate social responsibility. Effectively strengthen market supervision and credit system construction, and strive to raise the quality of domestic products to a new level, so as to lay a solid foundation for further development of the international market.
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Waiting for regional business groups to thrive
The domestic chlor-alkali industry has undergone rapid development in recent years and its current scale has ranked first in the world. In areas rich in salt and coal resources, a number of new chlor-alkali enterprises are racing to develop. The production capacity that has already been put into operation and under construction has already reached nearly half in the industry. Most of them are large-scale, high-tech starting points, have advantages in energy, resources, and policies, gaining initiative in the competition and becoming the best in the industry. However, because these enterprises have problems such as short product chains and inefficient use of resources, the chlor-alkali industry should strive to transform its resource advantages into industrial advantages if it truly wants to change the development mode.
Therefore, it is a problem that the chlor-alkali industry must seriously consider that it is necessary to scientifically formulate a development strategy based on the changing trend of the industry's development pattern, effectively transform the resource advantage into an industrial advantage, and truly change the mode of development. The industry should plan and develop a large-scale chemical development strategy that is not a single industry under the conditions of giving full play to its advantages in resources. In general, it is necessary not only to form a scale that has an influence on the industry, but also to realize the optimization and balanced development of a large system combining salt and coal chemical industry, that is, to simultaneously build related industries and deep processing industries, and attach importance to the deep processing of salt chemical products in stages. To develop fine chemical products and grasp the opportunities for industrial growth and development from the development strategy.
In fact, China's chlor-alkali industry's reshuffle and mergers and acquisitions between enterprises will be inevitable. After the market's competition, China will also follow the same path as the development of the world's chlor-alkali industry, that is, the world's regional enterprise groups dominate the industrial market.
At the same time, the annual report of the listed companies in the chlor-alkali industry has revealed that a number of companies have experienced declines in their profits or even losses, which also shows that one aspect of the industry's structural adjustment has been waiting.
Loss of capacity due to overcapacity
According to the 2009 annual report of Tangshan Sanyou Chemicals, the company achieved operating income of 3.58 billion yuan in 2009, net profit of 38.466 million yuan, and earnings per share of 0.041 yuan. Net profit and earnings per share decreased by 80% year-on-year.
Shandong Haihua annual report shows that in 2009, the loss was 700 million yuan, and the loss per share was 0.79 yuan. The chloroalkali chemical announced that the company’s net profit attributable to listed companies in 2009 was a loss of 390 million yuan, and the loss per share was 0.3343 yuan. ST Jinhua expects to have a loss of about 490 million yuan in 2009 and a loss of about 1.451 yuan per share. Southern Chemicals expects to lose about 280 million yuan in 2009. Qingdao Alkali Industry expects 2009 net profit loss of about 210 million yuan.
An analyst from the Industry Development Department of the China Petroleum and Chemical Industry Association believes that excess is the main reason for the loss of the chlor-alkali industry.
Structural contradictions highlighted
Some experts predict that this year's domestic chlor-alkali industry will be supported by machinery, building materials, light industry, textile and other related industries, and the increase in output of major products is expected to exceed 10%. However, if the chlor-alkali industry wants to achieve healthy and sustainable development, it urgently needs to solve the problems of overcapacity and excessive industrial concentration.
Statistics show that only in 2010 throughout the country on the planned capacity of suspended PVC plant capacity of 4.44 million tons / year, the new PVC paste resin device capacity of 145,000 tons / year, the new capacity of 5.975 million tons of caustic soda / year. According to industry forecasts, only 40% to 50% of the planned projects this year are expected to start production on schedule. In addition, the lack of industry concentration is also an internal resistance to the development of the chlor-alkali industry.
In recent years, there have been many mergers and acquisitions in the domestic chlor-alkali industry, and mergers and reorganizations have quietly begun in the industry. With the expansion of energy and mergers and reorganizations, the degree of industrial concentration has increased to some extent. For example, Yantai Wanhua’s acquisition of Donggang’s electrification, Jinniu’s reformation, and New Hope’s restructuring of Baoshuo.
In 2010, mergers and reorganizations characterized by the reconfiguration of industry resources in the chlor-alkali industry will be carried out in a wider range, which is expected to increase the industrial concentration of the chlor-alkali industry. In addition, a series of industrial policies centered on low carbon will also further promote industrial restructuring of the chlor-alkali industry.
Don't wait to change your development
The reporter has learned that in order to solve the problems in the development of the chlor-alkali industry, the state recently introduced a series of laws and regulations such as the caustic soda and the PVC industry clean production standards to guide the healthy and rapid development of the industry.
Industry experts pointed out that under the guidance of various regulations and standards, the domestic chlor-alkali industry has experienced rapid growth in production capacity in recent years, the scale of the industry has continued to increase, and the company's comprehensive competitiveness has continued to strengthen the period of rapid development. However, under the influence of the financial crisis in 2009, China's chlor-alkali industry still exposed some problems, such as the project's repeated construction is outstanding, the industry's circular economy, clean production work needs to be further promoted and implemented, elimination of backward production capacity still need to strengthen and some of the company's product structure Simple and so on.
To this end, industry experts said that the chlor-alkali industry should gradually solve the problems accumulated in the development of the following aspects, and further accelerate the transformation of economic development.
The first is to increase technological transformation. With the special funds for technological reforms of national and local government agencies, the chlor-alkali enterprises will be promoted to develop new products and the promotion and application of energy-saving and consumption-reducing technologies, so as to increase the resource utilization rate of the entire industry and reduce the energy consumption per unit product. A series of clean production technologies such as dry acetylene and low-mercury catalysts will be continuously promoted, implemented and applied in the industry.
The second is to promote the merger and reorganization of enterprises inside and outside the industry. With the help of reorganization, the elimination of outdated production capacity will be accelerated, and the chlor-alkali upstream and downstream industrial chains will be established more effectively, the intermediate costs will be shortened, and the industry concentration will be increased to enhance the overall competitiveness of the industry.
The third is to comprehensively improve the chlor-alkali business image and product quality. Guide chlor-alkali enterprises to focus on brands, standards, services and benefits, improve relevant quality management systems, and strengthen corporate social responsibility. Effectively strengthen market supervision and credit system construction, and strive to raise the quality of domestic products to a new level, so as to lay a solid foundation for further development of the international market.
Edit Comment
Waiting for regional business groups to thrive
The domestic chlor-alkali industry has undergone rapid development in recent years and its current scale has ranked first in the world. In areas rich in salt and coal resources, a number of new chlor-alkali enterprises are racing to develop. The production capacity that has already been put into operation and under construction has already reached nearly half in the industry. Most of them are large-scale, high-tech starting points, have advantages in energy, resources, and policies, gaining initiative in the competition and becoming the best in the industry. However, because these enterprises have problems such as short product chains and inefficient use of resources, the chlor-alkali industry should strive to transform its resource advantages into industrial advantages if it truly wants to change the development mode.
Therefore, it is a problem that the chlor-alkali industry must seriously consider that it is necessary to scientifically formulate a development strategy based on the changing trend of the industry's development pattern, effectively transform the resource advantage into an industrial advantage, and truly change the mode of development. The industry should plan and develop a large-scale chemical development strategy that is not a single industry under the conditions of giving full play to its advantages in resources. In general, it is necessary not only to form a scale that has an influence on the industry, but also to realize the optimization and balanced development of a large system combining salt and coal chemical industry, that is, to simultaneously build related industries and deep processing industries, and attach importance to the deep processing of salt chemical products in stages. To develop fine chemical products and grasp the opportunities for industrial growth and development from the development strategy.
In fact, China's chlor-alkali industry's reshuffle and mergers and acquisitions between enterprises will be inevitable. After the market's competition, China will also follow the same path as the development of the world's chlor-alkali industry, that is, the world's regional enterprise groups dominate the industrial market.
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