PPG paint product prices continue to rise
U.S. PPG Industries Inc. released better-than-market-expected fourth-quarter 2017 results on Thursday, and the company's stock price jumped higher on the day, once up more than 6.6%, hitting a new high of more than nearly 2 years and closing slightly lower at $118.41 per share, up 3.8% for the day, the largest single-day gain in recent memory.
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Overcapacity is the current pain point of the dye industry
The recent outbreak of the new crown epidemic in China, especially in Shanghai and surrounding areas (including Jiangsu and Zhejiang), where China's dyestuff, organic pigment and textile auxiliary industries are concentrated, has affected the production of enterprises and the lives of employees to varying degrees. The recent outbreak of the epidemic in Beijing has had a serious impact on the global industrial chain and supply chain, as the outbreak and the war between Russia and Ukraine continue. From the feedback of member companies, the reasons for the greater impact on the production and operation of the dye industry are summarized in the following four points.
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2022
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05
Gee Wah Group Annual General Meeting of Shareholders 2021
On the morning of May 17, 2022, the 2021 annual general meeting of Jihua Group was held in the seventh meeting room on the second floor of the Group. The general meeting was convened by the board of directors and chaired by Shao Hui, the chairman of the board of directors, directors, supervisors, senior management and some shareholder representatives attended the meeting. At the meeting, Mr. Wu Aijun, Director and General Manager of the Company, Ms. Zhang Yinghui, Chief Financial Officer, Mr. Yin Jian, Director and Secretary of the Board of Directors, and Mr. Shan Bo, Chairman of the Supervisory Board, read out to the representatives of the shareholders on various proposals related to the 2021 annual general meeting of the Company.
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2022
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In the first quarter of 2022, China's printing and dyeing industry is facing a more complex and severe development environment. On the international front, the global epidemic is still spreading, the escalation of the Russia-Ukraine conflict is intensifying, the normal operation of the global industry chain supply chain is obstructed, the major developed economies tighten their monetary policies, and the external risks continue to increase; on the domestic front, the epidemic is emitted frequently in many provinces and cities, and some enterprises implement measures to stop and reduce production to cope with the epidemic, coupled with factors such as continuous high fluctuations in raw material prices, restricted logistics and transportation, and weakened terminal consumption, the industry The economic operation in general shows a "stable under pressure" development trend.
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2022
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March chemical raw materials and chemical products industry situation analysis
The National Bureau of Statistics data released on April 11 showed that in March, affected by international commodity prices and other factors, PPI rose 1.1% YoY to 8.3%. Among them, the chemical raw materials and chemical products manufacturing industry rose 15.7% year-on-year and 1.8% ringgit.
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2022
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Economic operation analysis of China's technical textiles industry in 2021
I. Economic operation of the technical textiles industry in 2021 In 2020, China's industrial textile industry experienced a round of high growth due to the demand for epidemic prevention materials, which accumulated a large base for the development of the industry in 2021. 2021, the external environment became more complex and severe, the rise of commodity prices and shipping costs changed the cost structure of the industry, the decline in demand for epidemic prevention materials and the huge production capacity led to increased competition in the industry, although the non-epidemic prevention materials field Although the rebound momentum is strong, the whole industry shows a deep adjustment and the growth rate of major economic indicators drops significantly.
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2022
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