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

Global Silicone Network News: Shanghai, April 19, 2021-Despite the challenges, the Munich-based Wacker Chemie Group announced that its sales in the Chinese market for 2020 will only drop 0.3% from the previous year. Constrained by unfavorable exchange rates and insufficient supply of raw materials for silicone products, WACKER's sales in Greater China amounted to 1.025 billion euros (2019: 1.05 billion euros). Thanks to the expansion of domestic consumption and the upgrading of manufacturing, WACKER Greater China is expected to resume growth in 2021.   After experiencing the uncertainty caused by the outbreak of the new crown epidemic in early 2020, as the epidemic is gradually brought under control, WACKER's sales in Greater China have rebounded strongly since the second quarter. Throughout 2020, customer demand for most WACKER products is high.   Although insufficient supply of raw materials restricts sales, WACKER Silicones, the group's largest business unit, has developed well in China, especially in applications such as renewable energy, electronics and consumer products.   Both WACKER Polymers sales and sales volume have increased. Due to the recovery of China's construction industry, the growth of construction polymers is particularly strong.   "Looking forward, China has set a modest GDP growth target of more than 6% in 2021. It can be seen that China pays more attention to high-quality development. WACKER will benefit from this. Our innovative products can contribute to the growth of domestic consumption in China. And provide support for the upgrading of the manufacturing industry,” said Limbaugh, President of Wacker Chemicals (China) Co., Ltd. In addition, China’s 2060 carbon neutral target also creates opportunities for WACKER’s many environmentally friendly products, such as polysilicon for photovoltaics, silicone products for electric vehicles, power transmission and distribution, and energy-saving solutions for the construction industry. . Limbaugh also said: “As all our business units expect sales to increase in 2021, WACKER Greater China is confident that it will resume growth this year.”

Global Silicone Network, April 16th: Public information shows: Sanyou Chemical released its annual performance report, stating that the net profit attributable to shareholders of listed companies in 2020 is about 717 million yuan, a year-on-year increase of 5%; operating income is about 17.78 billion yuan , A year-on-year decrease of 13.33%; basic earnings per share was 0.3474 yuan, a year-on-year increase of 5.0181%.   Sanyou Chemical stated that it plans to invest 974,724,400 yuan to expand the 200,000 tons/year organic silicon monomer project, so that the total organic silicon monomer production capacity will reach 400,000 tons/year, so as to improve the company's overall economic benefits.

China's National Development and Reform Commission and the Ministry of Commerce have issued opinions on supporting the special measures taken by the Hainan Free Trade Port to relax market access.First, innovate the way of market access in the field of medicine and health care, and support the innovative development of Hainan's high-end medical beauty industry and domestically made high-end medical equipment.   Second, we will improve market access and the development environment for the financial sector, encourage the development of commercial insurance such as medical and health care and long-term care, and support the development of various forms of old-age care finance.   Third, we will relax market access in the cultural sector and promote its prosperity, encourage the development of the cultural performing arts and online games industries, and relax market access in the cultural relic industry.   Fourth, we will expand access and pool resources in the field of education, and support well-known domestic universities to establish international colleges in Hainan.   Fifth, relax market access in key sectors such as aerospace, civil aviation, sports and seed industry, and support Hainan in the unified layout of new energy vehicle charging and changing infrastructure construction and operation.   The downstream of the medical beauty industry chain is a variety of medical beauty institutions, mainly including public hospital orthopaedic departments, large private chain medical beauty institutions, small and medium-sized private medical beauty institutions, and private clinics.   In terms of competition pattern, large institutions account for 6%-12% of the total number of legal institutions, small and medium-sized institutions account for about 70% of the total, and 1 to 2 become private clinics.   By the end of 2019, there are nearly 30,000 medical and aesthetic institutions in China, and the competitive pattern of the industry is fragmented.Data show that: many domestic medical beauty silicone, medical beauty silicone oil mask enterprises continue to benefit, production and sales flourishing.      

Global Silicone Network, April 7th: Big data shows that global corporate mergers and acquisitions will be more active in 2021. A few days ago, according to an insider, a certain two single companies may be integrated and merged. The preliminary work is currently being carried out, and the total market value exceeds 7.5 billion U.S. dollars. The silicone giant may be born!   According to industry insiders, the global organic silicon industry chain has the characteristics of high industrial concentration, prominent scale effect, and dominance of large enterprises. In recent years, international silicone giants have promoted reorganization and integration. The world's developed economies have large-scale comprehensive silicone companies that play an important leading role in silicone basic research and development, new product creation, and industrial chain value creation. If the silicone giant is born, it will help to further optimize the allocation of corporate resources, form an organic synergy and complementarity in the industry chain, enhance scientific research and innovation capabilities, release corporate vitality, and at the same time ensure the safety of the industry supply chain and better participate in the world. competition.   Nikon acquired Morf3D, a US startup company, and began to get involved in small and medium-sized satellites and other aerospace components. Nikon acquired more than half of the other party's shares on April 2. The purchase amount is close to 10 billion yen. As the market for cameras, the main business in the past, shrinks, Nikon will step into businesses with growth potential and cultivate them as a new source of revenue. Morf3D is headquartered in Los Angeles, and deals with major European and American aerospace companies such as Boeing. Its main product is small satellite parts manufactured by 3D printers.    

Pat Gelsinger, Intel's newly appointed chief executive, has laid out a multi-year strategy to invest $20 billion in two new semiconductor plants in Arizona, and plans to move into contract manufacturing.The existing Arizona plant makes products such as wires with a width of 10 nanometers, and the new plant is expected to use processes beyond 7 nanometers.Production will start in 2024 and capacity has not yet been announced.Intel said IT would use its roughly 50 years of experience in IDM(vertically integrated manufacturing) technology to contract manufacturing for semiconductor manufacturers and IT companies that push for their own semiconductor development.

According to the latest developments in raw rubber, holders in East China are quoting US$4.46-4.61/KG, and suppliers in South China are quoting RMB 4.15/KG, and prices continue to stabilize. The silicone products factory worked overtime to produce, and the orders were sufficient.

According to data published by Euromonitor International, the global cosmetics market will grow at a compound annual growth rate of 5.2% from 2019 to 2025, and the global cosmetics market will reach $69 billion (about RMB 448.4 billion) by 2025.   The first is that consumers are becoming more environmentally conscious,' said Dow Consumer Solutions' Asia Pacific head of market strategy. 'This is reflected in the preference for safer and more environmentally friendly products.   Secondly, consumers pay more attention to the "maintenance" function that products can provide, and are more willing to invest in skin care and skin care products, and their demands for products of this kind are also more refined.In addition, due to the long-term social isolation at home, the need for complex makeup in normal times is weakened, and consumers prefer beauty products with streamlined procedures.   The person in charge of the analysis believes that after a long time of isolation, people are more eager to go outside to embrace the nature, but also more concerned about the impact of life and consumption around the earth home."Novel Coronavirus makes people care more about their own health and the health of their families. They want to use safer and more reassuring products, so it is critical to provide safe and green formulations that also meet the functionality."   The person in charge at the same time also put forward, according to dow's market observation data, the outbreak period, colour makeup demand temporarily suppressed, but on the other hand "we observed that consumers demand for hair product had improved from quantity to quality, so the dow also cooperate launched can help brand diversified custom hair products new product"   In addition, the perfume and fragrance market has grown rapidly in recent years, especially among the younger generation of consumers.According to the person in charge, the current stage of Dow's development of safe and environmentally friendly low-odor solvent products, for the use of perfume and fragrance consumers escort."We are also developing more environmentally friendly natural green solvents to further enhance the environmental protection and functionality of fragrance products."   "The demand for beauty products is going 'back to basics', and Dow's global team is developing and customizing new formulations every year to meet new market needs and regional consumers.""Said the person in charge.  

According to news on March 21, according to data collected and compiled by the American Chemistry Council (ACC), global chemical production increased by 1.4% in January, slightly lower than in December, continuing the global recovery that began in June.   In January, the output of chemical products increased in all regions. Overall global production increased by 9.5% year-on-year on a 3-month moving average. In January, global production capacity increased by 0.1%, a year-on-year increase of 2.0%. With the increase in production, the global chemical industry's capacity utilization rate rose by 1.1 percentage points to 87.5%. This is much higher than the level in January last year and also higher than the long-term average of 86.3% (1987-2019). In the chemical industry sector, the results in January were positive, with gains in all sectors. Taking into account the comparison of the same period last year, the output of all departments has increased.   According to MRC data, the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.8% in January of this year after rising 1.4% and 1.1% in December and November last year. In January, chemical production increased in almost all regions. The Gulf Coast region saw the biggest gains, while the Midwest, Southeast, Ohio Valley, and Northeast regions saw smaller gains. Production was flat in the mid-Atlantic region, while production on the west coast declined slightly.   As previously notified by MRC, high-density polyethylene (LDPE) sales in the United States and Canada in January 2021 increased by 3.8% compared to the same period last year. Over the same period, LDPE production increased by 5.2%. Exports fell by 0.7%, but total sales increased by 2.3%.   At the same time, high-density polyethylene (HDPE) sales in the United States and Canada in January 2021 increased by 5% year-on-year. During the same period, HDPE production increased by 1%. With the continuous growth of US manufacturing activities, the demand for durable consumer goods has been strong since the second half of 2020, and domestic demand for HDPE has increased in recent months.  

Financial media news: Due to the tight supply, chips and core raw materials have also risen, and some of them can hardly get the goods even if the price increases. According to a Chinese customs official, the number of integrated circuits imported at Kunshan port alone exceeded 10 billion yuan from January to February this year. While the quantity was basically the same as last year, the amount of imports increased by 20%, and the price of chips remained unchanged. On the rise. Silicone products related to chips are also rising.

Last Friday, Eastern Time, Fed Chairman Powell published a column in the Wall Street Journal, continuing to speak out to stabilize the hearts of the people, promising that the Fed will "fully" support the economic recovery, as long as the economy needs it, the Fed will continue to provide support. Although Powell has noticed a substantial improvement in the economy, the Fed will maintain its accommodative policy because "the recovery is far from complete."   The Federal Reserve announced on Friday that the supplementary leverage ratio (SLR) relief measures will expire on March 31 and will not be extended. Federal Reserve officials are optimistic that they do not believe that commercial banks need to sell U.S. debt to meet reserve requirements. With the current reserves of approximately US$1 trillion, banks only need to make fine adjustments.   It is understood that Powell will continue to make public appearances this week to continue to appease market sentiment.