The economic operation of Shandong chemical industry is stable and improving

The added value in the first quarter increased by 14%

Global Coatings Network News: The economic data for the first quarter of 2022 released by the Shandong Provincial Bureau of Statistics recently showed that the added value of chemical raw materials and chemical products manufacturing increased by 14% year-on-year, becoming the main driving force for industrial growth in the provin.

In the most recent quarterly report released by listed companies in the province, more than 10 companies, including Wanhua Chemical, Hualu Hengsheng, Shi Dashenghua, Runfeng, Guangwei Composite Materials, and Shandong Haihua, exceeded 100 million yuan in net profit in the first quart.

Jing Shikuan, deputy director of the Shandong Provincial Department of Industry and Information Technology, said that after the outbreak of the epidemic in early March, the province immediately launched the province's industrial economic operation day reporting mechanism, and quickly carried out industrial operations, production and storage of key medical materials, and enterpris.

In addition, Shandong has successively implemented a package of policy measures such as stabilizing investment and promoting technological transformation, which has also effectively stimulated growth potenti.

"Shandong's large enterprises are mostly concentrated in the field of basic industrial produc.