CRI-Report on Operations of China's Basic Chemical Raw Materials Industry 2010

May 2, 2011 - PRLog -- www.cri-report.com - In January-November 2010, the accumulative products sales revenue of China's basic chemical raw materials manufacturing Industry reached CNY 1,130.40 billion, increasing by 37.13% YOY at the rate rising by 38.39% over the same period of 2009. At the end of November, the assets of China's basic chemical raw materials manufacturing industry totaled CNY 1,066.51 billion, increasing by 21.25% at the rate rising by 7.42% over the same period of last year.

Seen from production and sales, the industry output value and major products' output of China's basic chemical raw materials manufacturing industry continued increasing and the market operation was overall stable in 2010. In January-November 2010, the accumulative industrial sales output value was CNY 1,121.27 billion, increasing by 36.15% at the rate rising by 35.73% over the same period of 2009.

Seen from the profitability, influenced by the bases of the same period of last year, in 2010, the profit of basic chemical engineering industry in the first three quarters presented quarterly declined growth and saw a substantial growth in the fourth quarter. In January-November 2010, the accumulative profits of China's basic chemical raw materials manufacturing industry totaled CNY 59.16 billion, increasing by CNY 33.50 billion over the same period of 2009.

The growth capability of China's basic chemical raw materials manufacturing industry was significantly improved and the growth rate of the sales revenue was 37.13%, increasing by 38.39% over the same period of 2009; the growth rate of total assets was 21.25% increasing by 7.42% over the same period of 2009; the capital maintenance and appreciation rate was 116.68%, increasing by 11.75% over the same period of 2009.

In 2010, under the influence of the price rise of raw materials, favorable macroeconomic expectations and other factors, the operation capability of China's basic chemical raw materials manufacturing industry improved steadily. In January-November, the turnover rate of total assets of the industry was 105.99%, increasing by 12.48% over the same period of 2009; the floating assets turnover rate was 2.71 times, increasing by 0.18 times over the same period of 2009; the finished products turnover rate was 25.80 times, increasing by 7.56 times over the same period of 2009.

In early 2011, the emission standards of China's sulfuric acid and nitric acid industry were issued at the same time, and the new standards will forcibly regulate the pollution discharge behavior of the enterprises, which are of important significance to the promotion of progress of production process and pollution control technology. In addition, the two standards stipulate the special emission limits of water and air pollutants, which will provide the basis for the enforcement of more strict emission standards for a part of the regions in the future.

Source: http://www.cri-report.com/266-report-on-operations-of-chi...

Through this report, readers may obtain the following more information:
-Operations of China's basic chemical raw materials industry
-Operations of sulfuric acid, nitric acid, sodium hydrate and other sub-industries
-Import and export of China's basic chemical raw materials
-Operations of basic chemical raw materials by Region
-Hot events of basic chemical raw materials industry

Following persons are recommended to buy this report:
-Basic chemical raw materials manufacturers
-Basic chemical raw materials trade enterprises
-Research institutes and investors paying attention to sulfuric acid, nitric acid and sodium hydrate industries

Source: http://www.cri-report.com/266-report-on-operations-of-china-s-basic-chemical-raw-materials-industry-2010.html

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China Research and Intelligence is a market research company based in Shanghai, China. More information can be viewed on website: http://www.cri-report.com.