What’s your opinion on the chemical industry situation in 2009?

It won’t get better all at once, but it will improve gradually.

It has not yet reached its bottom; a rebound is expected after September, though different industries will see this at different times.

It will take a year or two for adjustment, but overall I’m full of confidence!

2009 should be better than 2008; at least there shouldn’t be any drastic fluctuations. Last year, some small companies that had trouble with cash flow closed down, while those that remained were likely those with stronger resilience and more substantial financial resources. Personally, I think the chemical industry will show steady improvement, just like the stock market. :lol

2009 will likely remain a year of chaos; perhaps by 2010 the situation in the chemical industry will become clearer! What needs to be phased out should be phased out, and what needs to be integrated should be integrated! Personally, I think the chemical industry in China is an industry that won’t go out of business nor experience significant growth overall!

The pharmaceutical sector may recover more slowly, while other sectors might fare better

The bottom has not yet been reached; it is expected to be reached around June or July, with a recovery starting after September. There will be improvement by mid-next year. Our company’s projects are generally operated in accordance with this timeline.

Based on information from some companies we’ve contacted, orders are on the rise and there are signs of recovery; the chemical industry should gradually improve this year.

It is an opportunity as well as a challenge; for companies, survival of the fittest is quite appropriate.

LS is the correct answer; it seems everyone says that:D

The situation isn’t good; I just kept holding on slowly.

This winter in the chemical industry is quite tough; all the companies are busy. Our company is also busy with new projects

As a fundamental industry of the national economy, the chemical sector is expected to recover first during this economic crisis following the major reshuffle in the industry.;lol The companies that are able to hold on will become the leaders in the market in the future. During 2009 and for some time thereafter, there will be a reshuffling of those sub-industries that suffer from capacity saturation, outdated technology, and high energy consumption. We will have to wait and see how fast and thorough this process will be. The State Council is about to issue regulations regarding the petrochemical industry, which will play a significant role in driving this reshuffling and adjustment. As the chemical industry emerges from its period of adjustment, it should be the time when the national economy sees hope. This post was last edited by Great Wall Ten Thousand Li on 2009-2-9 15:25.]

The chemical industry in 2009 was still in a period of hardship; at best, it could be considered a mild winter. Adjustments continued, and only those who were adaptable could survive, while those who were stronger could survive even better! Understand the situation, unite as one, meet challenges, turn crises into opportunities, drive reform, and accelerate development. By focusing on the details and continuously innovating in areas that can generate profits, chemical companies can achieve good development

The overall downturn is likely to continue for some time; officials believe the economic crisis may last 2-3 years, but different industries are affected at different paces – some will recover sooner while others will take longer. Hopefully, our industry will improve quickly

At the moment, it’s difficult to keep track of fluctuations in the prices of chemical raw materials. That’s why companies like ours are forced to wait and see, not daring to take big risks. It seems that the chemical industry won’t recover in the short term… We can only focus on just making ends meet

Personally, I’m not optimistic. The chemical industry is closely linked to other industries; if demand is low, how can it thrive?

Thank you all for your insights and support. I haven’t been in the chemical industry for very long; after reading some reports, it seems that by making greater efforts to boost domestic demand and facilitate the circulation of goods, a steady recovery of China’s economy in 2009 is quite possible. The effects were not obvious in the first half of the year, but they should become clear from the second half of the year onward until the first half of 2010. I believe in China’s strength. Wishing everyone good luck! MSN: kunlun168@live.cn QQ: 602728837

The chemical industry should be less affected; it likely has a strong capacity for recovery.

Our company is showing signs of recovery; orders are coming in.