日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

chinadaily.com.cn
left corner left corner
China Daily Website

Chemical firms prepare for slower economic growth

Updated: 2012-07-12 10:55
By Zhou Yan ( China Daily)

Chemical companies from home and abroad have felt the pinch amid slowing domestic economic growth in China, but remain optimistic about their long-term prospects in the country.

The Swiss specialty chemicals company Clariant AG, which has invested 200 million Swiss francs ($204.63 million) in China over the past five years, said its growth in the country this year has not been as strong as before.

"We're seeing a little bit of concern that the Chinese market right now doesn't seem to be too promising," said Hans-Joachim Muller, speaking before he resigned as a member of Clariant's Executive Committee on June 30.

The People's Bank of China slashed the country's benchmark interest rates last week after making a similar move in June, sending a signal that the country's economic expansion in the second quarter may "have surprised to the downside" to 7.5 percent, according to Barclays Capital.

China's GDP dropped to 8.1 percent in the first quarter from 9.2 percent a quarter earlier.

The slowdown has also made the chemical industry feel the chill.

"This year is very difficult. We don't expect any sales growth, but hope not to drop much," said Wang Dazhuang, general manager of Shenyang Chemical Group Co.

The State-owned enterprise recorded 33 percent year-on-year revenue growth last year.

The country's chemical sector is highly competitive, and a cooling down of the economy only serves to worsen the situation, Wang said.

The nation consumed 31.3 million metric tons of ethylene last year, and the quickening pace of housing construction in China is expected to result in an 8 percent rise in domestic synthetic resin consumption within five years, said Li Chen, deputy chief engineer of the China National Petroleum and Chemical Institute.

Although he said the market was "volatile", Muller expressed confidence in the chemical industry's prospects.

"We truly believe the Chinese population will continue to generate more wealth when more people are moving up to the middle class, more polypropylene will be consumed," he said.

The Asia-Pacific, the Middle East and Africa were the sources of 30 percent of Clariant's total sales last year, up from 23 percent in 2005.

Hariolf Kottmann, CEO of Clariant, said in late June that China and India will be priorities for the Swiss company.

The company opened its first ethoxylation plant in Asia in Daya Bay in Huizhou, Guangdong province, last November. It has an annual production capacity of 50,000 tons.

zhouyan@chinadaily.com.cn

...

...
...
主站蜘蛛池模板: 99精品成人 | 日韩中文字幕一区 | 国产精品情侣自拍 | 九九精品在线播放 | 在线视频 | 欧美视频一区二区在线观看 | 在线看国产精品 | 免费污片网站 | 亚洲一级影院 | 一区二区激情 | 国产午夜麻豆影院在线观看 | 可以免费看av的网站 | 毛片的网址| 午夜精品一区二区三级视频 | 国产午夜影院 | 亚洲天堂欧美 | 欧美放荡性医生videos | 久久综合色88 | 婷婷色在线观看 | 免费在线观看黄视频 | 97视频免费看| 国产激情第一页 | 伊人色区| 黄色.www| 午夜视频入口 | 丁香激情五月少妇 | 日韩精品中文字幕在线播放 | 草久在线观看 | 国产在线无| 91禁在线 | 成人午夜视频在线 | 黄页网站在线 | 国产视频二 | 五月激情婷婷丁香 | 超碰免费观看 | 国产呦小j女精品视频 | 成人黄页 | 日本www网站 | 天天想夜夜操 | 小柔的淫辱日记(h) 玖玖精品 | 黄色资源在线观看 |