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Plastic products business revenue improved profit growth faster than output growth

Source: Time:2021-11-09 10:18:39 views:

Statistics from the National Bureau of Statistics showed that 7,140 enterprises produced 34.8074 million tons of plastic products in the first half of this year, up 1.46 percent year-on-year. Plastic products enterprises above designated size have achieved 998.464 billion yuan in revenue from their main business, with a year-on-year growth of 6.55%.
Statistics from the National Bureau of Statistics showed that 7,140 enterprises produced 34.8074 million tons of plastic products in the first half of this year, up 1.46 percent year-on-year. Plastic products enterprises above designated size have achieved 998.464 billion yuan in revenue from their main business, with a year-on-year growth of 6.55%. The total profit was 55.888 billion yuan, up 12.48% year on year. Cao Jian, executive vice president of China Plastics Processing Industry Association, said that the benefit of plastic products enterprises was significantly improved, and the increase in main business income and profit was higher than the increase in output.
Cao Jian said that under the new normal of the economy, the role of structural adjustment, industrial upgrading and technological innovation of key plastic products enterprises appeared in the profits of the first half of the year. At the same time, some less profitable small businesses have had to switch industries or close down as they have been unable to withstand shrinking export markets and downward pressure on the domestic economy. The exit of some technologically backward enterprises is the inevitable adjustment of the industry under the new normal. The plastic industry is further restructuring and industrial upgrading, and constantly enhance the ability of independent innovation. Some leading enterprises have explored a new way of innovation-driven development. Zhejiang Zhongcheng Packing Material Co., Ltd, Tianjin Plastics Research Institute and other enterprises have achieved remarkable results in independent innovation and technological upgrading, leading the development of the industry.
Cao Jian introduces, branch of plastic products industry is more, the gap between different sub-industries is bigger also. In the first half of this year, the finished output of foam plastics was 1.097 million tons, up 13.58% year-on-year, which was the fastest growth in all industries, mainly due to the growth of fresh food and packaging materials for agricultural preservation; The fastest decline is the artificial leather and synthetic leather industry, the output of 1,608,700 tons, down 5.65% year on year, the main reason in addition to the export blocked and environmental protection costs are increasing, more importantly, the financial risks brought by the joint guarantee loans make the production and operation of enterprises into trouble.
Plastic pipe production increased slightly, but different pipe products are also different. Wang Zhanjie, secretary general of the Plastic pipe committee of the China Plastic Association, said that affected by the recession of the real estate industry, the amount of construction pipe decreased slightly; Thanks to the upgrading of urban drainage networks and the construction of urban pipe corridors, the use of municipal pipelines is increasing. In the first half of this year, some large enterprises achieved good performance in production and operation, with output increasing by 5% to 15%. Wang Zhanjie for the second half of the plastic pipe production and operation expectations are more optimistic, he believes that the growth rate of new real estate construction may be better in the fourth quarter, with the transformation of shanty towns, the acceleration of new urbanization construction, residential building area will steadily increase, the demand for plastic pipe will rise. At present, China is vigorously promoting the 16 sponge city pilot, 10 cities underground comprehensive pipe gallery construction pilot will also be launched in the second half of the year, among which the 10 cities of the underground comprehensive pipe gallery pilot plan to build 389 km underground comprehensive pipe gallery within 3 years, with a total investment of 35.1 billion yuan, 190 km will be started this year. These projects will provide new opportunities for the plastic pipe industry.
Biologically-based plastics is a small emerging industry in the plastic industry, but it ushered in the spring of industrial development in 2015. Weng Yunxuan, secretary general of the Professional committee of biodegradable Plastics of China Plastic Association, told reporters that in the first half of 2015, the production and export of biodegradable plastics both increased by more than 20 percent year-on-year, which is the best result ever.
For the past few years, biologically-based plastics have been booming, with exports consistently outpacing domestic consumption. Jilin province a paper "plastic ban" opened the domestic market space of bio-based plastic products. In the first half of this year, the consumption of bio-based plastics in Jilin province reached 2,000 tons, with a particularly significant increase in the last three months. At the same time, from the second half of last year, Europe and the United States increased policy support for biodegradable plastics, and the consumption of biodegradable plastics in the international market continued to rise, driving the export trade.
"With the continuous improvement of environmental protection standards at home and abroad, the application of petroleum-based plastics will be more and more limited, and the application of bio-based plastics will gradually expand. It is expected that the domestic and international markets will maintain rapid growth in the second half of the year. Moreover, with the increase of market demand, economies of scale will gradually appear, and product prices will gradually decrease, which in turn is conducive to further expansion of market share. The bio-based plastics industry is entering a virtuous cycle." Weng Yunxuan said.
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