The key to the development of fine chemicals to achieve industrial restructuring is in state-owned enterprises
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Zhao Jungui pointed out that in contrast with foreign large-scale chemical companies that pay great attention to fine chemicals, domestic fine chemical production is dominated by small and medium-sized private enterprises. Large state-owned enterprises still like to pursue resources, large projects, and fine chemical industry are still rare. This is the key to causing the domestic chemical industry to have a low refinement rate and serious overcapacity. At present, domestic fine chemical production is dominated by small and medium-sized private enterprises. Due to the lack of policies, funds, and technical assistance, private enterprises have a tendency to engage in fine chemicals with similar products, blooming everywhere, and low concentration of production. The weak corporate strength has also resulted in low resource utilization, serious “three wastes†pollution, and insufficient market research and development efforts. These factors have restricted the further improvement and development of China's fine chemical industry.
It is a common problem of state-owned chemical companies that blindly pursues resources and projects. Some large state-owned company executives report that their companies are very familiar with traditional chemical industry, and they are incapable of doing fine chemicals. Because of the strong market attributes of fine chemical products and the inflexible state-owned enterprise mechanism, private-owned SMEs are not involved in the development of fine chemicals. Large state-owned enterprises can only take advantage of large-scale, resource-monopolized traditional industries.
The common problem of state-owned enterprises is also the guidance of governments at all levels. Governments at all levels are fully committed to the large-scale project of resources, and even personally run the relationship. However, in the development of fine chemicals, it is basically letting itself go. The most typical example is that the fine chemical industry rate in the local industry and the industry is generally “falseâ€.
In recent years, foreign large-scale chemical companies have made drastic industrial integration and increased their efforts to transform into fine chemicals. Companies such as Bayer and DuPont have sold basic chemical raw material products and acquired fine chemicals such as pharmaceuticals, pesticides and polymers. Many domestic chemical companies, especially state-owned enterprises, are the recipients of these outdated industries abroad.
Zhao Jungui made it clear that vigorously developing fine chemicals is an urgent need to curb the overcapacity of traditional industries, an urgent need for structural adjustment and industrial upgrading of the chemical industry, and a fundamental approach to making Chinese chemical industry bigger and stronger. State-owned enterprises should change their thinking as soon as possible.