Pigment industry needs to transform growth

At the "2007 Paint Application Technology Seminar" held in Shanghai recently, industry experts analyzed the problems and contradictions in the development of the paint industry, and provided tips for the healthy development of the industry. Qu Ying, senior engineer of the China Petroleum and Chemical Industry Planning Institute, called for the imperative to completely change the development thinking and investment strategy of China's paint industry and change the growth mode of the paint industry.

At present, the problems in the development of the paint industry are mainly reflected in the fact that domestic apparent consumption has not changed and it has remained at 1.11 million tons in 2005; the proportion of imported products in domestic apparent consumption has risen; The trend of "below" has not changed. These problems reflect the shortcomings of China's low-grade pigment industrial products, unreasonable industrial structure, and low profitability. They also reflect the contradiction between the rapid development of paint industry and shortage of resources, and the inconsistency in building an environment-friendly society and environmental governance capacity. The contradiction between the homogenization of low-level repeated expansion and the imbalance of domestic product structure is still prominent.

How to seek advantages and avoid disadvantages and promote the sound and rapid development of China's paint industry? At the meeting, Qu Ying proposed four major counter-measures and caused more than 100 delegates to resonate and approve.

Qu Ying believes that achieving a balance in the total amount of pigments and preventing a serious surplus of production capacity and output are the primary conditions for the healthy development of the pigment industry; some pigments such as titanium dioxide are relatively capital- and technology-intensive industries, and the implementation of technological innovation strategies is imperative; The irrational product structure has always plagued China's paint industry. Pigment companies must determine their products and market positioning according to market conditions and their own conditions. By taking a differentiated development path, increasing economic efficiency and reducing domestic market pressure; The industry must also understand the situation, comply with international trends, seize favorable opportunities, accelerate strategic adjustments, implement industrial restructuring strategies, and encourage powerful companies to adopt mergers and acquisitions, mergers, acquisitions, and integration of a group of small and medium-sized enterprises. The road to marketization, effectively utilizing various resources, and comprehensively enhancing the company's technological level and competitiveness.

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