Chlor-Alkali Chemical weak market square big loss 86.25 million yuan in 2013

March 20 evening, party big chemical released 2013 annual report, the company achieved operating income of 2.653 billion yuan, down 1.12% , net profit attributable to shareholders of listed companies was a loss of 86.25 million yuan , up 581.21 percent drop .Sellotape

The company said , in 2013 , the debt of the credit crisis overshadowed the continued downturn in the global macroeconomic trends , the rapid growth of the domestic economy lopsided , the impact of energy-saving , environmental protection, such as weak demand comprehensive economic factors, the industry appears structural adjustment , enterprises increasingly fierce competition . Domestic chlor-alkali chemical industry is overcapacity in the fierce competition among enterprises , product market near the end of the year , although showing signs of stabilizing , but weaker overall market performance throughout the whole year , prices fell by a big margin .Washi tape


Predicts that in 2014 the chemical industry remains competitive market environment , the new capacity will focus on the release , the face of this, the company will actively respond to , and increase cost control , strengthen process control , and strive to energy saving. Stabilize the existing market share, and actively expand the market space , increase market share , increase sales , and strive to the best benefit . While strengthening quality management to enhance corporate brand value.Masking tape


The company will work in two ways , first , to strengthen the production process control. Improve equipment maintenance level , to ensure a stable yield main production unit , the annual output of major products caustic soda to complete the planned 370,000 tons / year, the completion of 115,000 tons of propylene oxide / year, other production equipment and strive to operate at full capacity .

Second , the company will be based on the needs of enterprise production and management and project development, funding needs to develop a reasonable plan , selecting the optimal financing mix , with the lowest cost of financing for the company's continued development financing . In 2014 the company plans to apply to banks and other financial institutions not to exceed the maximum credit line of 1.5 billion integrated .Wholesale masking tape