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China Coatings Network
: At the 2015 China
Coatings
Industry Information Annual Meeting held in Shanghai on June 29, Zhao Zhiping, Deputy Secretary-General of the Sinopec Federation, gave a report entitled "Trends in the petrochemical industry and its impact on the coatings industry".
Zhao Zhiping believes that the petrochemical industry is currently facing downstracking pressure, increased price declines and continued slowdown in investment and other issues. In such a harsh environment, the coatings industry is a relatively good operation of a sub-industry. The main reason is that the paint industry has a high degree of marketization, a high degree of privatization of enterprises, close embrace of the end market, business model diversification and other advantages.
in the market environment and the new economic normal situation, the paint industry in the future for a considerable period of time, will bid farewell to high-speed growth, into a new stage of medium-speed development. During this period,
coating enterprises
should take the initiative to adjust, take the initiative to transform in order to better develop.