"Stop Order"!

Global Coatings Network News: According to the previous announcement issued by the Jiangsu Department of Ecology and Environment, more than 300 people in the province have inspected 127 enterprises under construction.

The third is that the prices of all bulk commodities have risen.
This situation has not only occurred in China, but commodities in other countries have also seen rises in varying degrees, which have fluctuated due to the impact of the global economic level
.

It is precisely because of this kind of global price changes that, from the current situation of the chemical industry, the trend of price increases will continue for a long time, and many leading companies have issued price increase announcements, which has also driven the original The raw material market, which has already risen in price, continues to rise, and the two complement each other, all of which are rising
.

In this case, the trend of bankruptcy of chemical companies has arrived.
Those companies that are not well-capitalized, have no technical support, and do not have unique monopoly products are basically the first batch to be eliminated
.
Of course, in addition to the wave of bankruptcies caused by rising materials, this industry has also been closely related to high risks, pollution, and extremely high energy consumption.
The relevant departments of our country have also been paying attention to rectifying this industry
.

Recently, there is news that many provinces have clearly proposed to rectify the chemical parks and enterprises in their local areas.
If they find non-compliant places, they will forcefully request to withdraw
.
The time point is 2021 or 2022 and 2025, so is this industry shut down? What should employees in the company do?

In fact, Jiangsu Province has a clear plan to close nearly 200 local chemical companies in 2021.
In addition, the relevant departments of Shandong Province have also issued an announcement to eliminate those local facilities that are outdated and do not meet national standards before the arrival of 2022.
All the enterprises were shut down.
Before this, staff members stated that the number of chemical enterprises along the Yangtze River was as many as 8,731 for rectification and shutdown
.

In general, there are two reasons why the chemical industry continues to be shut down.
One is that the prices of raw materials have been rising in the past two years, leaving companies with no respite.
The cost of production has increased exponentially and a lot of capital.
Weak companies simply cannot support such high production costs
.

In addition, China has started a strict review system for this industry and ordered them to carry out rectification.
If this trend continues, the number of companies that will be affected and shut down will increase in the future
.