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This brought a big turn for the pesticide and fine chemical industries. The government will include the guidance and support of fine chemicals as another key component of the industry's revitalization plan. We hope to take this opportunity to allow the fine chemical industry to step up and fill the gap and get rid of import dependence. This step will also drive the entire petrochemical industry to upgrade.
Specific to investment opportunities, as a major component of the fine chemical industry, the phosphorous chemicals segment will likely be boosted, involving major listed companies including Yuntianhua, Liuguo Chemical, and Hubei Yihua. At the same time, Yangnong Chemical, Red Sun, Noppox and Lier Chemicals, which produce low-toxic environmental pesticides, are also expected to benefit.
In addition, Asia's largest MDI producer Yantai Wanhua, China's largest organic silicon production company Lanxing Xincai, 100,000 tons/year organic silicon monomer will be put into operation in the second half of the Xinan shares and fluorine industry leader San Aifu, engineering Leading plastic technology in the plastic industry also has investment opportunities.
As a result, chlor-alkali enterprises should re-consider the product planning scheme, and fine chemical products are getting more and more attention. At this time, the proper adjustment of product structure will be the key to enable companies to overcome difficulties and turn crisis into opportunities in the context of a crisis.
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The State Council meeting brought light to the light industry and petrochemical industry through the adjustment and revitalization of the light industry and petrochemical industries. In particular, it adjusted the structure of fertilizers and pesticides production, optimized resource allocation, reduced costs, and increased supply. It also mentioned that the coal chemical projects such as coke and calcium carbide, which simply increase production capacity, will be stopped, and the blind development of coal chemical industry will be firmly curbed. It can be seen that the state’s policy on high-energy-consuming industries has not been loosened.