Some lay-offs and pay-lower ingestfactors, some green transformation against the trend of expansion - chemical enterprises "all the life"

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. Deutsche Bank, Germany's largest commercial bank, recently announced that it would pull out of its global equity sales and trading business, restructure its investment banking business, restore its profitability and increase shareholder returns, and cut 18,000 jobs by 2022, cutting as many as 20,000 jobs, more than a fifth of its workforce and eventually keeping the total number of employees at 74,000 worldwide. As soon as the news came out, it shocked the Chinese and foreign people, and the German bank fell 6.85 per cent, down more than 7 per cent at one point.. EBr
in today's economic downturn, even such heavyweight banks have announced big job cuts and downsizing, and it is conceivable that other companies have taken many steps to survive and grow. And chemical enterprises, in order to cope with this round of economic tests, can be described as "eight cents across the sea to show the gods.". EBr
chemical enterprises collective holidayEBr
recently, a textile enterprise suzhou issued a notice that, due to the textile industry raw material prices fell significantly, product inventory seriously depreciated, almost all customers have no orientation order to come under, the textile industry is facing an unprecedented situation, production and operation has been faced with difficulties, therefore, the company's high-level research decided, from June 24 to July 26 holiday, if there is a change.. EBr
the word holiday is a boon for students, but for workers, a holiday means "semi-unemployed", meaning no work to do and no money to take. According to the paint procurement network understand that there are still many chemical enterprises forced to do, no business, choose the collective holiday or employees take turns to take time off the way to reduce the burden of enterprises.. EBr
chemical companies to slashEBr
chemical giant BASF announced it is considering cutting 6,000 jobs worldwide, and U.S. chemical giant 3M announced 2,000 job cuts worldwide. Pfizer said it would close two plants and lay off about 1,700 employees to reduce staff costs. Lilly, the US pharmaceutical company, announced that it would cut about 250 jobs at its plant in Strasbourg, eastern France, reducing wage spending at the plant. Chemical giant PPG has announced 1,100 job cuts worldwide. German drugmaker Bayer announced 12,000 job cuts, including 4,500 in Germany. The number of these layoffs of foreign enterprises, according to industry analysis, the reason for the layoffs may be rising costs, employment costs are also increasing, many reasons caused by the decline in corporate profits, so the adoption of layoffs, reduce business, and seek development.. EBrchemical companies to reduce wagesEBr in addition to many foreign enterprises in the sharp layoffs, there are many chemical companies have taken the most direct measures - pay cuts, to mitigate the impact of the current economic downturn. Chemical giant Eastman Chemical corp. has announced "moderate targeted" job cuts, which will also delay pay increases, while Yu three Gorges A's 2018 annual report shows that the overall level of senior pay has been revised downwards, with the average senior per capita pre-tax annual salary in 2018 down 10.38 percent from 2017. More companies pay half-pay, or proportionally, in order to reduce costs. . EBr to reduce costs by extending working hours EBr
while some companies choose to take holidays, another group of enterprises choose to extend working hours. As Ma Yun's "996 Fu Pao Theory" said, many enterprises take advantage of business cooperation, or work can be done when the choice to extend working hours, in order to create more products, increase their competitiveness, disguised to reduce the cost of enterprises. . EBr
chemical enterprises green transformation EBr
because in recent years environmental protection has become a trend, the implementation of the "no oil ban" and strictly restrict the development of oil-based coatings, many paint enterprises in the oil-based coatings face the end of the road, determined to choose to green Transformation, the implementation of the "oil to water", "oil to powder" policy, through the transformation for enterprises to choose a sustainable development route, such as in recent years, Jiangsu Dewei, Tianjin Yuming, Shandong Seven-only, such as a large number of transformation of water-based paint enterprises, earn a full pot. . EBr chemical enterprises to write off the EBr
paint enterprises to sell the news, presumably we are no strangers. Jiangsu Changshu a pigment company, covers an area of 60 acres; Shandong Yantai a paint company, covers an area of 20 acres; Shandong Yantai a plastic powder company, covers an area of 5 acres; Hubei Wuhan, a paint company, covers an area of 20 acres ... Some small and medium-sized paint enterprises because of the small profits, or simply no business to do, raw material costs and employment costs continue to soar, upstream price increases, downstream demand weakness, or drastic price pressure, many enterprises take advantage of some non-core business "cut off", and even some enterprises, directly apply for write-off, one step in place. In the second quarter of this year alone, more than 1,000 chemical coatings companies wrote off. . EBr
a million-dollar Porsche Cayenne car from a chemical fiber company has been auctioned for 189,000 yuan. This enterprise was once a beautiful Yongtai textile, total assets of more than 1 billion enterprises, currently debt of 1 billion. After poor management, the Xiaoshan People's Court of Hangzhou City ruled bankruptcy liquidation, this time sent in addition to the boss's seat card banquet, there are company equipment and equity, and this 3000 yuan starting price, is also given by the evaluation body. It is reported that Yongtai Textiles is one of the well-known cotton textile traders, bankruptcy is due to the subsidiary investment in real estate led to the breakdown of the capital chain, and finally by the diversification of development drag down. . EBr
in recent years the auction market is unusually lively, as we all know, chemical enterprises in recent years, in addition to layoffs and pay cuts, mergers and reorganizations to deal with the enterprise's capital chain problems, some enterprises choose to "change sellers" way to seek self-insurance, and even some enterprises have been forced to liquidate into the process. The company's plant, equipment, owner's assets, vehicles, and even plant saplings, land has been auctioned off. . EBr
in addition, after the bankruptcy of the enterprise liquidation, the remaining equipment items can be described as "clearing big sale", large to vehicle land, small to air-conditioning printers, all in the packaging and sale, starting prices from tens of thousands to tens of millions of dollars. Among the statistics, the highest starting price is Jiangxi Hengxingyuan Chemical Co., Ltd. (hereinafter referred to as Jiangxi Hengxingyuan), which was once China's largest insoluble sulfur manufacturer. On January 24, 2018, Jiangxi Hengxingyuan filed for bankruptcy and liquidation, and then its overall assets, including housing buildings, structures and other ancillary facilities, machinery and equipment, electronic equipment, biological assets, intangible assets, etc., were auctioned for justice, starting at more than 99 million, forcing hundreds of millions of yuan in high prices. . EBr
part of the chemical coatings enterprises choose to expand against the trend EBr
if the above measures let your spine cool, then, on the contrary, many large-scale coatings, chemical enterprises seem to have not been affected by the current situation, still "I do what I do", investment in hundreds of millions of dollars, new large-scale projects, against the trend of expansion, booming. Huambo New Materials invested 1.02 billion yuan to build an office building, 3 production workshops, warehouses, tank areas and auxiliary housing; PPG invested 620 million yuan to build a new high-tech coating base, Shenzhen has invested 8 billion yuan for Yihua Group to build an area of 2100 mu, 100,000 tons of water-based LED light-curing coatings, Akzo Nobel investment of 100 million U.S. dollars to build an annual output of 16,000 tons of powder coatings and an annual output of 47,000 tons of functional coatings project ... These brands are well-known in China and abroad, we are familiar with, because of its own competitiveness, high brand value, so the impact will be relatively small. By contrast ingressing these data, it is also enough to prove that these large enterprises are indeed "high-power", the strength of extraordinary, choose to expand against the trend. . EBr
in order to cope with the current economic form, chemical companies can be said to have their own tricks, have the option to shrink the defense, have the option to expand against the trend. No matter what you choose, the only constant is your enterprise and whether your products have core competitiveness, in the process of industry shuffling, washed away must be not competitive enterprises, and those competitive enterprises will stand out in the process, expand their advantages and industry status. . EBr ;
. Deutsche Bank, Germany's largest commercial bank, recently announced that it would pull out of its global equity sales and trading business, restructure its investment banking business, restore its profitability and increase shareholder returns, and cut 18,000 jobs by 2022, cutting as many as 20,000 jobs, more than a fifth of its workforce and eventually keeping the total number of employees at 74,000 worldwide. As soon as the news came out, it shocked the Chinese and foreign people, and the German bank fell 6.85 per cent, down more than 7 per cent at one point. . EBr
in today's economic downturn, even such heavyweight banks have announced big job cuts and downsizing, and it is conceivable that other companies have taken many steps to survive and grow. And chemical enterprises, in order to cope with this round of economic tests, can be described as "eight cents across the sea to show the gods." . EBr
chemical enterprises collective holiday EBr
recently, a textile enterprise suzhou issued a notice that, due to the textile industry raw material prices fell significantly, product inventory seriously depreciated, almost all customers have no orientation order to come under, the textile industry is facing an unprecedented situation, production and operation has been faced with difficulties, therefore, the company's high-level research decided, from June 24 to July 26 holiday, if there is a change. . EBr
the word holiday is a boon for students, but for workers, a holiday means "semi-unemployed", meaning no work to do and no money to take. According to the paint procurement network understand that there are still many chemical enterprises forced to do, no business, choose the collective holiday or employees take turns to take time off the way to reduce the burden of enterprises. . EBr
chemical companies to slash EBr
chemical giant BASF announced it is considering cutting 6,000 jobs worldwide, and U.S. chemical giant 3M announced 2,000 job cuts worldwide. Pfizer said it would close two plants and lay off about 1,700 employees to reduce staff costs. Lilly, the US pharmaceutical company, announced that it would cut about 250 jobs at its plant in Strasbourg, eastern France, reducing wage spending at the plant. Chemical giant PPG has announced 1,100 job cuts worldwide. German drugmaker Bayer announced 12,000 job cuts, including 4,500 in Germany. The number of these layoffs of foreign enterprises, according to industry analysis, the reason for the layoffs may be rising costs, employment costs are also increasing, many reasons caused by the decline in corporate profits, so the adoption of layoffs, reduce business, and seek development. . EBr chemical companies to reduce wages EBr in addition to many foreign enterprises in the sharp layoffs, there are many chemical companies have taken the most direct measures - pay cuts, to mitigate the impact of the current economic downturn. Chemical giant Eastman Chemical corp. has announced "moderate targeted" job cuts, which will also delay pay increases, while Yu three Gorges A's 2018 annual report shows that the overall level of senior pay has been revised downwards, with the average senior per capita pre-tax annual salary in 2018 down 10.38 percent from 2017. More companies pay half-pay, or proportionally, in order to reduce costs. . EBr to reduce costs by extending working hours EBr
while some companies choose to take holidays, another group of enterprises choose to extend working hours. As Ma Yun's "996 Fu Pao Theory" said, many enterprises take advantage of business cooperation, or work can be done when the choice to extend working hours, in order to create more products, increase their competitiveness, disguised to reduce the cost of enterprises. . EBr
chemical company green transformation EBr b.