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    Home > Coatings News > Paints and Coatings Market > Preventive measures!

    Preventive measures!

    • Last Update: 2021-07-14
    • Source: Internet
    • Author: User
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    "Global Paint Network Information"



    Near term, a number of domestic listed companies have released their paint nearly 2017 annual report in the first half year.


     


    Preventive measures! Are coating companies facing these risks?

    Preventive measures! Are coating companies facing these risks?

     

     

    Raw material price fluctuation risk

    Raw material price fluctuation risk

     

    From 2016 to 2017 , the price of raw materials has risen all the way, which has had an impact on the entire coating industry, forcing many coating companies to adjust their prices.


    From 2016 to 2017 , the price of raw materials has risen all the way, which has had an impact on the entire coating industry, forcing many coating companies to adjust their prices.


     

    Countermeasures: For the issue of raw material price fluctuations, paint companies must always pay attention to market conditions and make strategic reserves of major raw materials that are in relatively large demand.


    Countermeasures: For the issue of raw material price fluctuations, paint companies must always pay attention to market conditions and make strategic reserves of major raw materials that are in relatively large demand.


     


    Preventive measures! Are coating companies facing these risks?

    Preventive measures! Are coating companies facing these risks?

     

    Environmental protection policies and tax risks

    Environmental protection policies and tax risks

     

    Environmental protection has always been a hurdle that coating companies cannot escape in recent years.


    Environmental protection has always been a hurdle that coating companies cannot escape in recent years.


     

    In the 2017 mid-year report, many companies mentioned that although the company’s environmental protection indicators have reached the standards at this stage, with the continuous enhancement of social environmental protection awareness and the country’s increased management of environmental protection work, the country may continue to improve its environmental protection work.


    In the 2017 mid-year report, many companies mentioned that although the company’s environmental protection indicators have reached the standards at this stage, with the continuous enhancement of social environmental protection awareness and the country’s increased management of environmental protection work, the country may continue to improve its environmental protection work.


     

    Since 2015 Nian 2 Yue 1 date, collected by the state in the paint, the battery industry excise tax, and they are being imposed in the downstream industry paint VOC sewage charges, sewage charges levied excise taxes as much impact on the paint industry.


    Since 2015 Nian 2 Yue 1 date, collected by the state in the paint, the battery industry excise tax, and they are being imposed in the downstream industry paint VOC sewage charges, sewage charges levied excise taxes as much impact on the paint industry.


     

    Response measures: With the continuous improvement of environmental protection standards, coating companies must keep up with or lead the development trend of the industry in terms of technologies, materials, and process formulas for reducing the VOC content of products , and must accelerate the improvement and development of more environmentally friendly coatings Products can make the company more competitive.


    Response measures: With the continuous improvement of environmental protection standards, coating companies must keep up with or lead the development trend of the industry in terms of technologies, materials, and process formulas for reducing the VOC content of products , and must accelerate the improvement and development of more environmentally friendly coatings Products can make the company more competitive.

     

     

     



     

    Preventive measures! Are coating companies facing these risks?

    Preventive measures! Are coating companies facing these risks?

     

     

    Technology development and core technical personnel loss risk

    Technology development and core technical personnel loss risk

     

     

    In addition to the changes in raw material prices and environmental protection policies that bring risks to paint companies, the risk of technology development and the loss of core technical personnel has also become a point mentioned by many companies in their mid-year reports.
    In the environment of rising raw material prices, stricter environmental protection requirements, and serious product homogeneity, the technical requirements of coating products have further improved.
    In order to seize new machines, the company must continue to increase research and development efforts, timely discover changes in market demand, and maintain product innovation advantages.
    However, if the market is not accurately controlled, a large amount of technology investment funds may be put into waste and lose market competitiveness in the new round of competition.

    In addition to the changes in raw material prices and environmental protection policies that bring risks to paint companies, the risk of technology development and the loss of core technical personnel has also become a point mentioned by many companies in their mid-year reports.
    In the environment of rising raw material prices, stricter environmental protection requirements, and serious product homogeneity, the technical requirements of coating products have further improved.
    In order to seize new machines, the company must continue to increase research and development efforts, timely discover changes in market demand, and maintain product innovation advantages.
    However, if the market is not accurately controlled, a large amount of technology investment funds may be put into waste and lose market competitiveness in the new round of competition.

     

     

    In addition, with the advancement of science and technology, the degree of automation of products has become higher and higher, and the demand for professional and technical personnel has increased.
    R&D team building has become an important guarantee for the company to maintain its market competitive advantage.
    Therefore, the loss of professional talents will have an increasing impact on the fundamental and core competitiveness of enterprise development.

    In addition, with the advancement of science and technology, the degree of automation of products has become higher and higher, and the demand for professional and technical personnel has increased.
    R&D team building has become an important guarantee for the company to maintain its market competitive advantage.
    Therefore, the loss of professional talents will have an increasing impact on the fundamental and core competitiveness of enterprise development.

     

     

    Countermeasures: Coating companies should always pay attention to new industry trends, keep abreast of the research and development trends of new products and technologies in the industry, ensure that the quality and performance of their products are at the forefront of the industry, and increase investment in product research.

    Countermeasures: Coating companies should always pay attention to new industry trends, keep abreast of the research and development trends of new products and technologies in the industry, ensure that the quality and performance of their products are at the forefront of the industry, and increase investment in product research.

     

     

    At the same time, the company stabilizes the core technical team by gradually improving the benefits of professional and technical personnel and corporate culture construction, and implements equity incentives for core technical employees through the shareholding platform to share the company's development results.
    And further increase the training of internal technical personnel and the introduction of external talents, continue to expand the company's technical team, and cultivate reserve technical forces.

    At the same time, the company stabilizes the core technical team by gradually improving the benefits of professional and technical personnel and corporate culture construction, and implements equity incentives for core technical employees through the shareholding platform to share the company's development results.
    And further increase the training of internal technical personnel and the introduction of external talents, continue to expand the company's technical team, and cultivate reserve technical forces.

     

     

     



     

    Preventive measures! Are coating companies facing these risks?

    Preventive measures! Are coating companies facing these risks?

     

     

    Increased market competition risk

    Increased market competition risk

     

     

    After more than 30 years of rapid development in China's manufacturing industry , the production capacity of various industries is in a state of surplus.
    The coating industry is also facing the same problem.
    The structural overcapacity of the industry is severe, the homogeneity competition is fierce, and the fragmentation is serious.
    In recent years, as many paint and coating manufacturers have expanded their production capacity, the competition in the coatings industry has been intensified.
    With the intensification of market competition in the future, it is likely to limit the growth rate of the sales scale of coating companies and affect the company's product prices and profitability.

    After more than 30 years of rapid development in China's manufacturing industry , the production capacity of various industries is in a state of surplus.
    The coating industry is also facing the same problem.
    The structural overcapacity of the industry is severe, the homogeneity competition is fierce, and the fragmentation is serious.
    In recent years, as many paint and coating manufacturers have expanded their production capacity, the competition in the coatings industry has been intensified.
    With the intensification of market competition in the future, it is likely to limit the growth rate of the sales scale of coating companies and affect the company's product prices and profitability.

     

     

    Response measures: Tu companies should pay more attention to the national macro policy, economic situation and market trends, and make accurate judgments and scientific decisions in a timely manner.
    Continuously improve independent innovation capabilities, research and develop high-end products, upgrade product structure levels, and enhance the company's competitiveness.

    Response measures: Tu companies should pay more attention to the national macro policy, economic situation and market trends, and make accurate judgments and scientific decisions in a timely manner.
    Continuously improve independent innovation capabilities, research and develop high-end products, upgrade product structure levels, and enhance the company's competitiveness.

     

     



     

    Preventive measures! Are coating companies facing these risks?

    Preventive measures! Are coating companies facing these risks?

     

     

    Safety production risk

    Safety production risk

     

     

    In the recent past, reports of accidents in chemical products are not uncommon, which has also sounded a wake-up call for coating companies.
    The production of coating products is also a hidden risk for coating companies.
    Coating products involve various chemical products in the production process, and chemical products have the risk of safety and environmental protection accidents during their manufacturing, transportation and storage.

    In the recent past, reports of accidents in chemical products are not uncommon, which has also sounded a wake-up call for coating companies.
    The production of coating products is also a hidden risk for coating companies.
    Coating products involve various chemical products in the production process, and chemical products have the risk of safety and environmental protection accidents during their manufacturing, transportation and storage.

     

     

    Response measures: Tu companies must strictly implement relevant national security policies and regulations, formulate and implement safety systems, strengthen the management of raw material procurement, product production, inspection, packaging, warehousing, transportation and other links, and in the process of daily production and operation management Strictly abide by various laws, regulations and rules and regulations, prepare a complete set of management and control plans for the relevant responsible persons, report information to the relevant departments on a regular basis in a timely manner, and go through the annual inspection of relevant documents on schedule.

    Response measures: Tu companies must strictly implement relevant national security policies and regulations, formulate and implement safety systems, strengthen the management of raw material procurement, product production, inspection, packaging, warehousing, transportation and other links, and in the process of daily production and operation management Strictly abide by various laws, regulations and rules and regulations, prepare a complete set of management and control plans for the relevant responsible persons, report information to the relevant departments on a regular basis in a timely manner, and go through the annual inspection of relevant documents on schedule.

     

     



     

    Preventive measures! Are coating companies facing these risks?

    Preventive measures! Are coating companies facing these risks?

     

     

    In addition, the company’s financial report also mentions specific risks such as improper control by the actual controller, financial management and capital circulation, increased inventory and the formation of sluggish inventory, etc.
    due to the company’s own operating model, which will not be exhausted here.

    In addition, the company’s financial report also mentions specific risks such as improper control by the actual controller, financial management and capital circulation, increased inventory and the formation of sluggish inventory, etc.
    due to the company’s own operating model, which will not be exhausted here.

     

     

    We can see that in 2017 , paint companies may face risks due to fluctuations in raw material prices, environmental protection policies, technology development and the loss of core technical personnel, safe production and market competition.
    Because companies are in the same economic environment, the foreseeable difficulties are the same.
    Only when companies are aware of risks early can they better avoid risks and remove obstacles to their future development.

    We can see that in 2017 , paint companies may face risks due to fluctuations in raw material prices, environmental protection policies, technology development and the loss of core technical personnel, safe production and market competition.
    Because companies are in the same economic environment, the foreseeable difficulties are the same.
    Only when companies are aware of risks early can they better avoid risks and remove obstacles to their future development.

     



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