subject: New Chemical Materials: Rated As The Most Development Potential, "unit" [print this page] SINGAPORE Bloomberg, new chemical materials are mainly used in electrical and mechanical equipment and spare parts, chemical fiber textile, transport equipment and spare parts, insulation materials and furniture and so on. Globally, 90% of the market lies in the hands of large foreign chemical companies. With the rapid growth of domestic demand, more and more foreign companies to focus on the China chemical accelerating the transfer of new materials. Currently has formed a plastic, high-performance fiber and fluorosilicone materials based on types of industrialization. New Chemical Materials
Currently there is a huge market gap in the market, imports accounted for the lion's share. The self-sufficiency with engineering plastics (production / apparent), for example, annual production of 9.3% in 2000, accounting for an increase, but still less than 40%, greater reliance on imports. However, dependence on imported products, new materials are part of China's chemical export, in which higher levels of domestic production of MDI and nylon chips, etc. mainly. This seemingly contradictory phenomenon shows the imbalance in China's export structure and export more to the primary processing or export-oriented foreign-funded enterprises.
Present, domestic chemical products and new materials focused on common, basic and low-level species, the overall level is not high, performance, diversity and cost is difficult to compete with foreign products. Many companies still at the concept stage, low level of technology, R & D weak, but there are also deep plowing, and after a long period to master core technologies, such as raw materials for production of LCD technology forever too. Being developed as a strategic emerging industries, chemical industry, new materials related to many disciplines, it is difficult in general flowering, requires a combination of specific conditions to promote development of the industry. The Ministry of Industry and Information, an official at the meeting, said the state needed to be a breakthrough, high-performance materials, new chemical materials to enhance the comprehensive competitiveness of the industry, such as the development of new energy industries need new materials, engineering plastics, high-performance fiber organic silicon processing, high performance fluoropolymers, etc.. Chemical R & D of new materials to measure the level of a country's level of economic development.
Present, China has formed new chemical materials, a new chemical industrial categories, with good development prospects. According to relevant statistics, China's chemical industry and new materials development, have gradually silicone, bisphenol A, special epoxy resin, color contrast, PPE manufacturer of engineering plastics product line, the formation of the organic silicon monomer and special single- body, silicone oil, silicone rubber (information market), silicon resin products; phenol, bisphenol A, acetone, epoxy resin and deep processing of products; PBT synthetic resins and modified engineering plastics products; color reagent products ; titanium dioxide, chloroprene rubber and ion-exchange membrane caustic soda plant mechanical equipment such as chemical products. As new chemical materials with excellent performance and high added value features, will help China to change the way the development of traditional industries and industrial restructuring. Meanwhile, the positive response to climate change, reducing greenhouse gas emissions, can also play an active role. Therefore, new chemical and new materials technology will be the new growth point of China's economy in line with the direction of future development, but also by policy support, development of good prospects.
Figures
Data, new chemical materials in the first quarter operating revenues increased 3.27%, net profit chain greatly increased 183.8 percent, while operating costs fell by 1.57% chain. Among them, the sales growth of 28.12% gross profit chain, selling as high as 221% increase in net profit margin. Net profit margin from sales of view, the first quarter of this year is 6.68%, increased 4.6 percentage points sequentially, an increase of 221%, far exceeding the gross margin of 28.12% of the chain increases. This suggests that the decline in net profit during the period the contribution of the cost is not small. Data, operating expenses, management expenses as a percentage share of revenue in the first quarter of this year have decreased from the previous quarter, a decrease of 7.2%, respectively, 12.31%, but rose by 19.38 percent finance charge.
New Chemical Materials: Rated As The Most Development Potential, "unit"
