China Coatings Network
consumption tax levy, the transfer of shares and the proposed shell double-money shares of Shanghai coatings will be the price of paint products increased by 2-4%.
, Chuanhua shares insiders revealed that the company plans to start in mid-April, the paint products of the new single price increase of 2%-4%, of which the old customers increase the price of 2%, new customers increase the price of 4%. Shanghai coating insiders also said that the corresponding products have been downstream customers (dealers) price increases of 2%, last year has signed a contract for direct customers temporarily, if raw materials continue to rise in the future, will continue to adjust prices 2%;
approved by the State Council, from February 1st, the consumption tax on coatings will be levied at 4%, and no consumption tax will be levied on coatings with volatile organic matter (VOC) content below 420 g/L (inclusive) under construction conditions. Beckers, the world's leading paint company, has officially announced a 4 per cent price increase from April 1, 2015, with existing sales contracts unaffected.
it is learned that Shanghai Coatings is the world's top 50 coatings enterprises, is the founder of China's coatings industry, is now named Shanghai Huayi Fine Chemical Co., Ltd., in 2014 its net profit of 213.5705 million yuan, it is expected to follow Huayi Group shell overall listing.
listed companies involved in coatings in China are: Jin Litai (300225.SZ), Yu Three Gorges A (000565.SZ), Rainbow Refining (002256. SZ, etc. Previously, the Great Intelligence News Agency was informed that although some of the above-mentioned companies have not raised prices, but has verified the specific tax varieties, in addition, most
want to pass on the cost downstream, the industry price increase expectations are relatively high.