New energy vehicles may become a new support point for polyether demand-UV absorber manufacturer

Gree Electric announced on the evening of August 18 that the company planned to acquire 100% of the equity of Zhuhai Yinlong from all 21 shareholders of Zhuhai Yinlong for 13 billion yuan. After being suspended for half a year, Gree Electric unveiled its plans for new energy vehicles. As an important part of Gree Electric’s diversification strategy, new energy vehicles will be an important puzzle piece for Gree to build the “next 100 billion” goal. It can be seen that the leading domestic electrical appliance brands are also targeting the huge business opportunities brought by new energy vehicles.
Data provided by the China Association of Automobile Manufacturers shows that new energy vehicles have maintained rapid growth this year. From January to July 2016, the production and sales of new energy vehicles were 215,000 and 207,000, a year-on-year increase of 119.8% and 122.8%. Among them, the production and sales of pure electric vehicles were 162,000 and 153,000 units, a year-on-year increase of 156.4% and 160.9%; the production and sales of plug-in hybrid vehicles were 54,000 units, a year-on-year increase of 53.7% and 57.6% respectively.
In order to alleviate the increasingly serious air pollution, my country’s policy support for the development of new energy vehicles is rare in other countries, making China the world’s largest market and producer of new energy vehicles. It can be said that the promotion of new energy vehicles in my country relies largely on policy support. As an emerging industry, with the support of national policies and early market cultivation, consumers have already had a certain understanding of new energy vehicles, and there is market demand for new energy vehicles.
For the polyether industry, the upstream raw material for automobiles, this undoubtedly brings some good news. Under the premise of poor economic environment at home and abroad, the sales situation of the polyether market is not optimistic, and the market performance is mediocre in both off-peak and peak seasons. Especially this year, the elastomer polyether encountered the “poison runway” incident, and its shipment performance was poor. Other brands gathered… Ether products rely on a small amount of rigid demand to support them.
In order to reduce inventory risks, most polyether factories maintain low-load operations and mainly purchase on demand. Yantai Wanhua’s new polyether plant with an annual production capacity of 50,000 tons was officially put on sale from late July to early August. The market mostly reflects that its product quality is better, and competition among polyether factories is becoming increasingly fierce. In addition, another 50,000 tons/year of high-resilience polyether is about to be put on the market, which will once again increase market supply pressure. However, we have also seen that the high-resilience polyether market still maintains stable consumption driven by new energy vehicles. According to feedback from industry insiders, the sales of high-resilience polyether products this year are better than those of ordinary soft foam polyether, a popular product. Some polyether factories focus on high-resilience polyether production, thus starting a transformation of market demand. .
In short, driven by the country’s policy to expand domestic demand, the new energy industry is expected to grow rapidly this year, which will also drive demand growth for upstream and downstream products. Benefiting from the growth in consumer demand, the domestic high-resilience polyether market demand is expected to remain stable in the second half of the year.

(www.gsiyuan.com ) is deeply involved in the segmented industry of polyurethane raw materials – amine catalysts; it develops and manufactures various types of amine catalysts; main products: ZF-22|ZF-20|CS90|DMDEE|BDMAEE| DMEA|DMAEE|DMACetc., suitable for sponge, template Plastic, high resilience, self-crusting, PU toys and various hard foam and semi-rigid foam and other end products.

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