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Shenzhen wangjia  packing products co., LTD

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The current position:Home » News » Industry news » China plastic suppliers are preparing for the market recovery

China plastic suppliers are preparing for the market recovery

The article source:admin Update time:2016-08-09 03-46-13

The Chinese government has powerful economic stimulus policies to promote the automobile, electrical and electronic industry materials demand growth, at the same time, the global economic recession are also create opportunities for the local supplier in China and the dynamic changing market.

Above views from the industry's leading composite manufacturers guangzhou blonde technology co., LTD., the company is now in preparation for the market recovery.

In China international rubber exhibition held in guangzhou recently (Chinaplas), blonde technology body ultra said lu, President of international marketing in the first quarter of the listed company performance obtained the steady growth. He said, the monthly increase in sales in January and February reached 10% and 10% respectively.

Chairman of the board of directors of the company zhi-min yuan on April 28th at the investor's annual meeting, said after a recession in the fourth quarter of last year, the first quarter of this year's orders back to a year ago levels.

Body ultra, said lu from engineering resin composite prepared with polylactic acid (PLA) composite material of all kinds of products, to maintain the overall financial soundness. Car market, he says, the rise of the most popular, sales climbed 30% in the first quarter, in the rest of this year are expected to receive more rapid growth.

Zhi-min yuan told investors: "we expect that this year only Japanese car brand order quantity will be more than 10000 tons of materials."

Multinational manufacturers are through spending cuts to maintain adequate cash flow, for the material price lower local supplier in China has brought a new expansion opportunities.

Lu body ultra said: "now fortune 500 companies, for instance, one side managed to cut back on spending, to expand domestic market, so more attention than any time before the local supplier. The global economic crisis has broken the previous competition equilibrium."

This year, according to the continental body super blonde technology may increase the investment in new materials, including carbon fiber reinforced resin and biodegradable plastics. The PLA products mainly aimed at exports, now still in the preliminary stage of commercialization process.

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