China Chemical To Build A World-class Chemical Industry - The Chemical Industry, Chemical Industry -

Year of the Tiger at the beginning of the largest chemical enterprise in China ---

China National Chemical Corporation to produce a brilliant report card: a quarter of sales revenue, profit growth rate year on year both Pobai. In the aftermath of the financial crisis, numerous tests, the Chinese chemical industry is to sail a more high-spirited attitude.

However, facing the post-crisis era, the Chinese chemical industry is still facing many challenges: how to continue to write more than 20 years of assets to 100 billion yuan from 10,000 yuan amazing leap? Adjust the speed of economic development in the stream, the company continued to develop momentum for them? The three foreign companies have been acquired as a 100% stake in state-owned enterprises, enterprises in the overseas campaign of how to build world-class brand? With these questions, this reporter approached the general manager Ren Jianxin, China's chemical industry.

"Not afraid to eat steamed corn bread"

In China's chemical history of the development, Ren Jianxin, has repeatedly gone through, "eaten steamed corn bread of the day." In 1984, he started several young people to 10 thousand yuan and established industrial cleaning business, Blue Star company. The first sum of income for an old lady cleaning teapot earn 2 cents. Since 1996, 10 years, he has the brink of bankruptcy M & A 107 chemical companies. In 2004, China Chemical Industry Group was first established, many enterprises, small scale, weak power, integration and development are facing various challenges that the new group of "family property."

10 years ago, determined to reform China's chemical industry, the full development. It has now become China's largest basic chemicals company, ranked No. 500 Chinese enterprises and the global chemical industry 28 100 19-bit, there are many "first" or "lead": the world's second production of methionine, the world's third production of Silicone, PVC paste resin, PBT resin, industrial silicon production capacity in Asia ... ... Ren Jianxin, said: "never do business smoothly, we developed a fully competitive in the field of business, like grew up eating steamed corn bread, steamed bread of life is also not afraid to eat. "

Strong primary industry Ren Jianxin, said SASAC director Li Rongrong warned us: crisis will be more intense, higher level of competition. After facing a crisis of the times, how can we remain invincible in the competition, reflected in the competitive impact of state-owned enterprises and control, many state-owned enterprises are thinking about the problem.

"With the changing economic environment, companies must constantly adjust to upgrade, the first is to highlight the main business." Ren said. In his view, both companies before the crisis on the integration of M & A reform of the effective response time of crisis, or crisis of the development path, the key to all this is that "strong core business."

2010, at the start the group "12 5" plan formulation, the Chinese chemical industry will be adjusted to the original six major business segments to basic chemical-based, in material science, life science and environmental science in three fields by a "3 +1" main positioning.

To strong core business, said Ren Jianxin, China's chemical management of the full implementation of this proposed change, the introduction of strategic investors through vigorously, and vigorously training and the introduction of professional managers, strong use of intermediaries and professional advisory body, through changes to further optimization organization, enhance management, establish competitive advantage through talent to leading enterprises to participate in the fierce market competition.

Acquisition and cross 2006, China has completed chemical company in France also enhance human immunity, Australia Volcanoes company and the French company Rhodia Silicones and sulfide acquisition of 100% equity business, has laid a strong global position of new chemical materials. China's chemical production capacity of organic silicon rapidly into the global top three, methionine production also ranks the world's second position.

Subsequently, in order to further improve the corporate governance structure, to the international business standard, China's chemical positive introduction of foreign strategic investors, the largest U.S. private equity firm Blackstone Group to sell 20% stake in Blue Star, Blue Star will be restructured joint ventures, sounded the clarion call of world-class multinational companies.

by: gaga

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