Chemical Fiber Enterprises: Pull Out Of The Industry Curtain

< p > as Duan Xiaoping, President of China Chemical Fiber Industry Association, said, we must respect the mechanism of market survival and eliminate the inferior, and we must get through the channel of merger and reorganization, so that the industry development can be promoted in this round of shuffling.

At the same time, some experts said that although the company withdrew from the industry or part of its business, the capacity was only pferred, but not withdrawing from the market.

However, assets gathered to < a href= "http://www.91se91.com/news/index_c.asp > dominant enterprises < /a >, so that the stronger are stronger, and the giant in the chemical fiber industry is forming an international competitive power. The division of labor in the whole industry will be more clear.

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< p > < strong > Exit compliance < a href= "http://www.91se91.com/news/index_c.asp" > market will < /a > /strong > /p >

< p > chemical fiber is a highly marketable industry. Periodic fluctuations and the survival of the fittest are common.

However, since the start of the third quarter of 2011, the downturn has driven the industry into a period of deep adjustment.

A number of enterprise executives told reporters that the market elimination mechanism will be fully demonstrated this year, and the industry reshuffle will be fully manifested.

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During the "P" spring survey, enterprises in Zhejiang generally indicated that fierce competition in incandescent is distinguishing between the strong and the weak. "Who is going to swim naked will soon be able to see it."

A senior manager of a chemical fiber enterprise said when he talked about the cost of the expansion.

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< p > exit mechanism is on the way.

Jilin chemical fiber previously announced that the company will hold the 98.645% stake in Hebei JJG and the Hunan Topp 50.33% share pfer to Jilin railway investment and Development Co., Ltd. and Xinmin technology recently announced that in order to reverse the current situation of performance losses as soon as possible, the company decided to plan a major asset reorganization, to sell the chemical fiber business and printing and dyeing business as a whole.

In addition, Qilu Chemical Fiber Group entered bankruptcy process in April, and Yizheng chemical fiber company also turned off some of its polyester filament business.

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< p > this is just the tip of the iceberg. Some small and medium enterprises that have not entered the field of vision are opting out of the market.

"Knowing that there will be such a day, there is no way out."

The head of a small business has no choice but to say that technology and scale can not compare with large enterprises, and business pformation has not been successful.

Previously, he told reporters that he would stick to it, but now he opted to quit. He realized the coldness of market competition.

In Jiangsu and Zhejiang provinces, some enterprises entered the equipment for various reasons in the early stage. Now the situation is not good. We hope that the dominant enterprises or the enterprises with demand will integrate to avoid greater losses.

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< p > for large enterprises, it is wise to abandon the loss business. While optimizing assets, we can build and consolidate our core competitiveness.

Jilin chemical fiber said in its announcement that the loss of assets will be contained after the disposal of inefficient assets.

A Yizheng chemical fiber company said that the company could get rid of its burden by eliminating its own equipment, and its overall competitiveness would be improved.

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< p > < strong > the reasons for the failure of competition are mostly < /strong > < /p >.

< p > "slow one shot" is the main reason why many enterprises express their competitive defeat to reporters.

The single line capacity of the chemical fiber industry is from 100 tons to 10000 tons, and the technological upgrading is indispensable. It also tests the courage and strategy of the enterprise more and more.

A temporary wait-and-see attitude towards investment in advanced technology has led to backwardness, and there are few examples of the merger of enterprises that are finally emerging.

An example of a Zhejiang Tongxiang enterprise being carved up by two other companies is vivid deduction.

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< p > chemical fiber industry is the basic rule to win the scale of intermediate products. The choice of expansion time is very critical.

"We can not fully say that everyone is irrational expansion, who will not die earlier."

A person in charge of a company in Zhejiang said that when the scale benefit is still available, no expansion can be crushed by the price of other enterprises.

Moreover, expansion is also a symbol of the strength of an enterprise. It may be difficult to turn over one step behind.

And for those who do not see the market and just expand their capacity to enter the downstream channel, they can not grasp the pulse of the market.

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< p > management rigidities, following the seller's market thinking, passively and passively is another reason for enterprises to get into trouble.

From last year to this year, a number of enterprises indicated that the sales position of enterprises is increasing and personnel training input has increased.

In the downlink cycle, grab the market become more intense, good sales team is more important.

However, some rigid management enterprises fail to keep pace with the pace of the market in terms of post setting and function pformation.

At the same time, details management can benefit and become a competitive point. Whether energy saving and emission reduction and optimization of technology can be done will test the management level of enterprises.

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< p > besides, how to deal with debt crisis is the key to the survival of an enterprise.

It is common for chemical fiber enterprises to adopt mutual insurance, and enterprises often encounter debt risk suddenly.

A few years ago, a certain chemical fiber enterprise and private enterprise Shenyang group guarantee each other, the guarantee amount is about 100 million yuan.

Shenyang group suddenly appeared a capital crisis. At this time, the capital chain of chemical fiber enterprises is the most intense period.

Because the bank loans were not paid, they could not repay in time, so the chemical fiber enterprise was heavily loaded with interest.

When the bank checked the collateral inventory in the chemical fiber enterprise, it found that the current assets decreased and the stock was insufficient. Then the legal procedure was launched. After hearing the news from other banks, they started the legal process to seal up the capital, stock and bank accounts of the whole enterprise.

In the end, the chemical fiber enterprise stopped production, and the production and sale system was paralyzed.

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< p > < strong > accumulation of resources stronger than /strong > /p >

< p > < < a href= > http://www.91se91.com/news/index_c.asp > chemical fiber industry < /a > the echelon is very obvious, large enterprise groups are forming.

One expert said.

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< p > China's chemical fiber industry has experienced many rounds of survival of the fittest, and capital and technology are accumulating to large enterprises.

While some companies choose to quit, other companies are busy integrating resources and determining direction.

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The experience of < p > can refer to neighbouring countries.

For example, in 2006, the chemical fiber industry in Korea was hit hard by the decline in demand.

At a strategic preparations meeting for the Korean fiber industry, Korean fiber enterprises have said that the only way out for the country's chemical fiber enterprises is to accelerate the pace of product restructuring, that is, to compress the production equipment and output of general daily chemical fiber products, and expand the output of industrial high value-added chemical fiber products.

Statistics from the Korean industry showed that in 1971, the export of Korean fiber textiles accounted for 41.6% of the total export volume of South Korea, down to 22.7% in 1990 and 4.9% in 2005. The share in the international market was 8.3% in 1988 and 3% in 2005.

In order to reverse this decline, South Korea suggested that by 2015, the proportion of high value-added products in industry accounted for 55%.

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< p > China's chemical fiber industry is also facing the problem of rising labor costs and poor domestic demand.

Unlike what happened in Korea, South Korea was faced with the rise and competition of the Chinese market.

At present, China has not encountered tough rivals.

Therefore, the capacity problem has not led to the loss of competitiveness of the chemical fiber industry worldwide.

On the other hand, it accelerates the capital accumulation of the industry, and strengthens the competitiveness of the industry. On the one hand, technological development enables enterprises to surpass, and on the other hand, it creates a higher barrier.

Therefore, China's chemical fiber industry will also enter the crest period driven by demand.

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