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Is it a blessing or a curse for the global chemical industry to enter the best profit period or continue until 2021?

 Last Update: 2021-07-04
 Source: Internet
 Author: User

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Global Coatings Network News:

"The global chemical industry into an unprecedented peak of earnings.

oil

natural gas

The reason for this result is that Chinese investors have higher requirements for the investment cycle, hoping to make profits as soon as possible within two or three years, and spend less time and energy on scientific research.
In addition, China's chemical industry started late, and it will take a long time to accumulate in terms of technology and management.
"More importantly, China's protection of intellectual property rights needs to be further improved.
" Pang Xiongying said.

IHSMarkit Group predicts that after 2021, global chemical production capacity may appear to be surplus, and it is necessary to pay attention to the risks brought by this.

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