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【Weekly Topic】A cold wave is approaching – how should we address the crises in the chemical industry?

2015-11-13View Original

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This post was last edited by wenlong0207 on 2015-11-14 07:44. With the prolonged downturn in the international crude oil market and the cooling of the domestic real estate sector, industries such as energy, chemicals, steel, and building materials have fallen into an unprecedented slump, a situation even worse than that during the crisis in 2008. Steel mills in the area have not been able to pay their workers’ salaries for three months now; similar chemical companies have reduced production or limited their output. Along with the second wave of layoffs in state-owned enterprises, private companies are also carrying out layoffs at full speed. Reducing headcount to improve efficiency, tapping into potential, and saving energy and reducing consumption have become the only ways for businesses to survive and thrive. Faced with the current economic situation, what measures has everyone taken to address the crisis? Do anyone have any good suggestions? I hope those who work in the chemical industry can set aside their sectarian biases and speak freely. I hope that in this harsh winter we can stay close to each other, keep warm together, and welcome the arrival of spring! ! ! ! ! ! ! ! ! ! ! ! ! !
Reply #22015-11-14
In the harsh winter, one can only huddle together to keep warm and wait for spring to arrive, so as to continue tapping into internal potential. . . . . . . . .
Reply #32015-11-14
**Due to policy requirements, outdated production capacities must be phased out, and it is normal for companies that do not meet environmental standards or have high energy consumption to close down. To achieve development, leveraging the regulatory role of the market is an essential path. Chinese people are so hardworking and capable; they can’t compete at a low level and must rely on technological advantages to succeed.

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