subject: Petrochemical industry, the road will become broader and broader International - petrochemical, oil - plastics industry [print this page] Petrochemical industry, the road will become broader and broader International - petrochemical, oil - plastics industry
HC plastic mesh News: At present, China is at an important period of strategic opportunities. Internationally, because of the global Financial Crisis triggered by the world Economy Pattern of large changes, a major adjustment, is giving birth to new development opportunities; from the domestic, economic recovery to the good foundation for further consolidation of market confidence, expand domestic demand and improving the livelihood of policy effects continue to appear. In still a complex environment for economic development, in our continuing response to the financial crisis and maintain steady and rapid economic development, accelerate the transformation of the way of economic development process, Oil And Chemical industry What the industry is facing important strategic opportunity? How do we seize the opportunity to achieve sound and rapid development of the industry?
Major changes the world economy, a major adjustment breeds new opportunities for development.
? Taken from Premier Wen Jiabao in 2010, "Government Work Report"
According to data released by the Chinese government, the world economy is a slow and tortuous recovery. Premier Wen Jiabao in this year's "Government Work Report", the world economy is expected to resume growth, international financial markets stabilized, the development of economic globalization, the trend has not changed, the world economy Big changes, big adjustment pregnant with a new development opportunities.
For our oil and chemical industry, this opportunity will be mainly reflected in the international level and to improve the quality of synchronization. China Petroleum and Chemical Industry Association International Cooperation Director Pang Guanglian, said the outbreak of the financial crisis has accelerated the world economic order and competition pattern of change, the global shift in economic power. At this point, the Chinese economy "thriving", the first out of the financial crisis, start a new round of rapid growth engine. Are conducive to the development and growth opportunities for Chinese companies appear, such as new market space, relatively low asset prices, for Chinese enterprises to explore international market, international mergers and acquisitions to create the conditions.
Financial crisis in the world of "shuffling" effect, would wave a new round of international rise, more Chinese enterprises can seize the opportunity to go overseas. Pang Guanglian that last year China Petroleum and Chemical Industry M & A overseas, most rewarding year later, overseas mergers and acquisitions this year the trend will continue. Especially the most active mergers and acquisitions in overseas oil and gas, refining area, recently started a number of private enterprises or the prospect of mergers and acquisitions, such as the acquisition of Ningbo, a private company a refinery in Egypt, caused a stir in Egypt. The near future, some new faces to the world stage mergers, such as the extension of oil and other enterprises.
In a number of overseas acquisitions in the past and rare, and it will appear more "going out" of the vanguard. For example, the dye industry leader Zhejiang Longsheng Group Co Ltd and India's most competitive Kiri Dyes Company, a joint venture?? LonsenKiri dye has put into operation. China Dyestuff Industry Association, said the Secretary-General Li-Ming Tian, this is the dye industry, "going out" strategy was a solid first step. We can foresee that there will be more in the field of chemical industry has taken a valuable first step overseas, will also have more business then take a second step, third step.
Petroleum and chemical changes in the international competition pattern of Chinese petroleum and chemical industries to have more opportunities to the front. Such as the world's increasing concentration of pesticide industry has been concentrated to focus on Europe (mainly Germany, Switzerland, United Kingdom), the United States and China, foreign manufacturers of fewer and fewer pesticides, China became the world's largest producer and exporter of pesticides . In addition, some emerging countries and the region's oil and chemical industries is rising; international bankruptcy of some enterprises, restructuring also contributed to changes in the pattern of this competition, such as BASF, successfully completed the acquisition of Ciba, Huntsman delayed acquisition of Indian wheat of Baroda Chemical Industries subsidiary factories. Faced with these new changes, China has the strength of the oil and chemical companies to conduct thorough analysis and study, to develop the international emerging markets, daring to go out for more and wider opportunities for trade and cooperation in the use of joint ventures, cooperation, etc. to the outside to invest in production, and strive to become a future world leader.
Through the financial crisis, the Chinese petroleum and chemical industry's global integration of thinking need to change.
