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Global Dye Industry Collusion "Winter" Development Path

2009/4/10 0:00:00 30

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The financial crisis has spread to the real economy, closely linked to the fate of the survival and development of the global dyestuff sector. Strengthening international and domestic and horizontal and vertical cooperation and communication and coping with the crisis has become the consensus of all.

This is a reporter's personal experience of the 2009 China International Dyestuff Industry Summit on financial crisis held in Shanghai in April 7th.

Li Yongwu, President of the China Petroleum and Chemical Industry Association, said at the forum, "seize opportunities with enterprising attitude, while opportunities will be saved."

He urged domestic dyestuff enterprises to focus on structural adjustment, technological innovation and energy conservation and emission reduction.

Tian Li Ming, Secretary General of the China Dyestuff Industry Association, said that the dye industry should be bigger and stronger by eliminating backward, merging and restructuring.

He said that the annual output of Chinese dyestuffs has reached 700 thousand tons, accounting for more than 60% of the world's total output.

The dye production of such a high country, such a high proportion of occupation, environmental pressure and energy pressure are also enormous.

We must adjust the structure, eliminate backward production capacity, speed up industrial upgrading, integrate resources in the industry, carry out mergers and reorganization, and make enterprises with advantages become bigger and stronger.

When textile is flourishing, dyestuffs will flourish.

Xu Kunyuan, vice president of China Textile Industry Association, said that in the next three years, China's textile exports are expected to achieve an average annual growth of 8%, and the international market share will have great potential to increase.

At present, increasing the added value of products and adjusting the product structure will promote the international share of domestic textiles to continue to grow.

Janak Mehta, President of India dyestuff Manufacturers Association, also put forward suggestions for Chinese and foreign dyestuff enterprises to "winter".

He believes that the dye enterprises must be particularly rational in funds, and must control the operating costs of the enterprises, and some projects can stop.

At the same time, we should strengthen the management of cash flow and reduce financing costs as far as possible.

In addition, we should strengthen investment in customers and provide quality services according to customer needs, so as to stabilize market share.

At the meeting, reporters also learned that in order to help the global dyestuff industry tide over difficulties, various governments and agencies have successively introduced some supportive policies.

For example, India lightened the tax burden of dye enterprises, and introduced incentive policies to encourage dye enterprises to increase exports.

The European Union is considering reducing the pre registration and registration fees of chemical substances required by the REACH regulations, while planning to provide corresponding loans to registered enterprises.

At present, most of the global dyestuff industry is in a dilemma of reducing production, laying off workers or even stopping production.

The summit jointly sponsored by China Federation of Dyestuff Industry Association, China printing and dyeing industry association and Shanghai branch of China National Trade Promotion Committee has attracted more than 200 leading experts, experts and entrepreneurs from dyestuffs, textile and dyeing industries in major countries and regions such as the US, Japan and Europe.

Editor in chief: Xu Qiyun