China Xiamen Juguangli Import & Export Co., Ltd Company News

Sony Group  will substantially promote factory automation in Malaysia, the main base of the TV business. It intends to strengthen the competitiveness of the business system from product design to the promotion of integrated production, and plans to reduce production costs by 70% by 2023 compared to 2018.   Sony will close its audio equipment factory in Penang, Malaysia by September and concentrate production on the TV factory. After the merger, the production line of audio equipment will also be automated. Sony will establish automation technology in Malaysia and discuss its promotion to production bases in other regions.

Wal-Mart (WalMart) announced the first quarter of 2021 financial results. The quarterly total revenue was US$138.31 billion, a year-on-year increase of 2.7%; the net profit attributable to the parent was US$2.73 billion, a year-on-year decrease of 31.6%. Same-store sales in the US increased by 6% year-on-year, and e-commerce sales increased by 37% year-on-year.     Same-store sales at Sam's Club increased by 7.2%, and its e-commerce sales increased by 47%; membership income increased by 12.7%, and the total number of members hit a record high. Wal-Mart International’s net sales were US$27.3 billion, a year-on-year decrease of 8.3%. Its e-commerce sales increased by 49% year-on-year, and its global sales of silicone products increased by 31% year-on-year.

News from IDC: In the first quarter, the world's top five tablet PC manufacturers shipped a total of 39.9 million units, an increase of 55.2% year-on-year, close to the high-scale growth of 56.9% year-on-year in the third quarter of 2013. In the first quarter, China’s tablet computer market shipped approximately 6.25 million units, a year-on-year increase of 67.6%, the highest year-on-year growth rate in a single quarter since the second quarter of 2013. At the same time, it achieved a quarterly growth of 1.8% in the traditional off-season, which brought a variety of silicone products. Leather cases are selling well.

Global Silicone Network News: On May 11, data released by the National Bureau of Statistics showed that in April 2021, the factory price of industrial producers nationwide increased by 6.8% year-on-year and 0.9% month-on-month; the purchase price of industrial producers increased by 9.0 year-on-year. %, up 1.3% month-on-month. On average from January to April, the ex-factory prices for industrial producers rose by 3.3% over the same period last year, and the purchasing prices for industrial producers rose by 4.3%. Among them, the prices of chemical raw materials and chemical products manufacturing increased by 17.5% year-on-year and 2.1% month-on-month.   In general, with the steady recovery of domestic consumer demand and industrial production in April, the prices of international bulk commodities such as iron ore and non-ferrous metals rose, and prices in the production sector continued to rise.

In the past five years, China’s beauty and skin care market has continued to grow. In 2019, the total retail sales approached 300 billion yuan. In 2018, the consumer market share ranked second in the world. The domestic beauty and skin care market has huge demand potential, thanks to The high-quality development of the domestic economy and the upgrading of national consumer demand have promoted the rise of the "face value economy"; unlike the international cosmetics and skin care products market, my country's skin care products account for a relatively high proportion, reflecting the strong consumer demand for good skin conditions.   Silicone products have been used in skin care products for more than 50 years, and their excellent texture has been recognized by the industry. Silicone products are refreshing, easy to apply, lubricating, waterproof, and have multiple functions in personal care products: they can strengthen the appearance of skin and hair; form a protective film to make the product more durable and washable; improve use and after use Skin feel; and can provide a unique texture; protect and strengthen the hair; deliver actives and improve efficacy.   Nowadays, silicones have been widely used in hundreds of categories such as creams, creams, honey, perfumes, hair wax, hair conditioners, lipsticks, eye shadows, nail polishes, sunscreens, etc. They are an indispensable "weight" in the cosmetics industry. Grade" raw materials.   International silicone giants such as Dow, Elkem, Shin-Etsu, Momentive and others have deployed in the field of personal care to create a "face value economy" belonging to silicone.    

From Wacker Chemie news, on May 7, the Munich-based Wacker Chemie Group stated that it is now applying its pioneering environmentally friendly silicone production technology to release coating products. WACKER’s DEHESIVE® eco series of silicone release agents are produced entirely using non-petrochemical methanol from renewable raw materials, which can effectively save resources. WACKER is currently the only manufacturer that can provide non-petrochemical silicone release agents for label and film coating manufacturers.   The WACKER Group uses plant-based and petrochemical methanol to produce organic silicon, and can calculate the amount and proportion of non-petrochemical methanol in the corresponding product series. The method used is similar to the German green power certification system. DEHESIVE® eco series products are also produced according to this biomass balance method. The production process completely uses certified non-petrochemical methanol based on straw or grass clippings to replace petrochemical methanol.   Now that the market is paying more and more attention to climate protection and sustainable development, WACKER's environmentally friendly silicone products will win customers a key competitive advantage.

The CEO of Dow said a few days ago that Dow Chemical expects its factories to be in a "strong operating rate range" for the remainder of 2021. However, as the economy recovers from the new crown pneumonia pandemic, demand continues to increase. Will make supply tight.   He said on the conference call: "I think we may not increase our inventory until the end of the fourth quarter, and it all depends on whether our performance in the fourth quarter is sluggish. There will be demand in the automotive market, tourism market, construction and residential markets Rising, the home appliance market demand is backlogged, and the delivery time is long. Everything is pointing in the direction of a high operating rate."   Dow’s 2021 financial report shows that net sales were US$11.9 billion, an increase of 22% from the same period last year, mainly due to the increase in local prices in all operating segments, business units and regions. Net sales increased by 11% month-on-month, and all sectors and regions achieved growth. Local prices increased by 19% year-on-year, mainly due to price increases in all operating sectors. The increase in prices of all operating segments, business units and regions contributed to a 14% increase in overall prices from the previous month.

German chemical giant BASF Group said on April 29 that in the first quarter of 2021, the group's sales reached 19.4 billion euros, up more than 2.6 billion euros from the same period last year.Earnings before interest and tax rose 42 per cent from a year earlier to €2.3bn.   BASF said in a statement that it raised its full-year targets to between 68 billion euros and 71 billion euros in sales and between 5 billion euros and 5.8 billion euros in earnings before interest and tax on the back of a strong first-quarter profit.   Martin Brudermuller, chairman of the executive board of BASF Europe, said he was optimistic about BASF's profitability over the next few years, particularly as an expanded market share in China and the development of its battery materials business will drive overall growth.   However, BASF also said that the COVID-19 is still not over and the outlook for the world economy faces many uncertainties, especially the risk of disruption to the global supply chain that could hurt the growth of the chemical industry.   BASF, the world's largest chemical company, is expected to soon return to pre-epidemic profitability levels, according to an analysis by German newspaper Handelsblatt.The media outlet said that in the next few years, the global growth of chemicals demand will mainly come from China, so BASF is accelerating the layout in China, including the construction of a production base in Zhanjiang, Guangdong Province, to share in China's growth dividend.

News from the National Bureau of Statistics: in the first quarter, the profit of raw material manufacturing industry increased by 4.34 times year on year, with an average growth of 40.7% in two years, 18.1 percentage points higher than that of industries above designated size.The profit of chemical raw materials and chemical products industry increased by 3.43 times, that of ferrous metal smelting and rolling processing industry increased by 3.88 times, and that of nonferrous metal smelting and rolling processing industry increased by 4.71 times.   Monitoring data show: the first quarter of the major organic silicon raw material production enterprise profit growth of 3 times, indicating that the organic silicon raw material price rise to an end.This week, raw rubber price shock for the first time, the full range of 3-5% offer, East China a number of strength holders said raw rubber concession or will continue until the middle of May, concession range will depend on different customers.

The high-quality platinum silicone rubber is made of raw rubber gradually added with fumed white carbon black and other auxiliary materials. It has excellent tear strength, resilience and transparency, and the hardness of commonly used specifications is 10 degrees-80 degrees. Especially for pressure cooker rings, silicone tubes, sheaths and various industrial products, high tear resistance silicone is irreplaceable! Advantages of high-quality platinum silicone rubber: 1. Compared with ordinary silica gel, the fineness of fumed gel is higher, which can reach more than 1000 mesh; 2. The tensile strength can reach between 7MPa-9MPa, and it will not turn white when stretched, and it is extremely elastic, and it will not turn white after multiple high-strength stretches; 3. The degree of transparency of the gas phase silica gel can reach translucent and fully transparent, and it looks more shiny in appearance. 4. High and low temperature resistance, good tear resistance, good elongation; 5. Gas-phase silica gel has the characteristics of high-strength products, which can be used for a long time in a high-strength environment, and gas-phase silica gel can be used for a long time or even permanently; 6. Rapid vulcanization, and the release during the vulcanization process is harmless to the human body; 7. Excellent heat resistance, ozone resistance and chemical resistance; 8. The product meets ROHS and other environmental protection requirements, and has passed the US FDA certification. And the European Union LFGB food standard testing.