Seventh“China Cold Chain Logistics Industry Annual Conference” cum“cold chain50Strong evaluation release and intercooling alliance2014-2015office meeting”in12month12 was held in Beijing. The annual meeting is an annual grand gathering of the industry and the most important annual work of the China Cold Chain Logistics Alliance. Huntsman, the world’s leading manufacturer of specialty chemicals, attended the China Cold Chain Logistics Annual Conference. Su Bingli, Business Director of Huntsman Polyurethane China, delivered a speech on the spot“Huntsman polyurethane insulation solution Escort for cold chain logistics” keynote speech, and participated in the corresponding sub-forum communication. A reporter from Tiantian Chemical Network had the honor to go to Beijing to participate in this conference, and interviewed Su Bingli, Commercial Director of Huntsman Polyurethane China during the conference.
(fourth from left: Su Bingli, commercial director of Huntsman Polyurethane China, third: Huntsman Cao Peifang, Commercial Manager of Polyurethane China and other participants of the Huntsman team)
Q1: Ask Mr. Su, what do you think?Huntsman is positioned as a manufacturer of specialty chemicals, and the definition of the two will be clearer after the separation of the pigment business. The respective advantages and benefits of Huntsman’s specialty chemicals and pigment businesses will be more clear. I believe that the shareholders of the company will also recognize this. The matter of IPO is more sensitive and it is not convenient to disclose it, but it is certain that it is not in recent years.
Q5: In the face of the recent sharp drop in crude oil prices, can Mr. Su talk about your views?
Su: I think it should be rationally divided into time nodes. The price of crude oil has indeed dropped a lot recently. It is good news for related production companies that the cost has been reduced to a certain extent, and it is even better news for downstream manufacturers. However, the greater the price drop, the greater the possibility and magnitude of a later rebound , then this advantage will no longer exist.
Q6: From the perspective of the market, many polyurethane raw materials include MDI, PO and polyether polyols recently. Prices of products including the ones that have been included have been falling, and the market blames this on the drop in crude oil prices. Mr. Su, what do you think of this?
Su: The price of a product is determined by its supply and demand as well as the value of the product itself. The drop in crude oil price does not necessarily lead to a drop in the price of polyurethane raw materials. Enterprises increase the value of products by continuously improving technology and perfecting services. It is important to provide some cushion in the event of product price shocks.
“To give a simple example, the grain output will affect the price of flour, but not the price of bread, because the price of bread also includes the value of handwork by the pastry chef,” Mr. Su explained humorously Dao said, “In addition, go downstream, go specialty system” is also what I have always admired. With a solid downstream application as the cornerstone and a diverse and unique product portfolio as support, the company’s pressure resistance is relatively high even in a harsh environment. stronger.
Q7: What do you think of the general overcapacity in the domestic chemical industry?
Su: Overcapacity also needs to be rationally viewed from different time points. Some products may indeed have a problem of oversupply in the short term, but with the in-depth development of downstream applications, the excess and newly released capacity will be effectively absorbed, and there will be no problem of overcapacity at that time. For example, the application proportion of polyurethane products in building energy conservation is gradually increasing, as is the case in the cold chain logistics industry. With the continuous development of these applications, the demand for raw materials such as polyether and isocyanate will gradually increase, which will effectively alleviate or even eliminate production capacity. The problem of excess; in addition, it will take a certain amount of time for new production capacity to be put on the market, and the production capacity of some product nameplates is far from the actual production capacity, which should also be taken into account when examining production capacity.
Q8: 2014 is coming to an end, how is the overall operation of your company’s polyurethane this year?
Su: In 2014, the polyurethane business in the Americas recovered very well, while Europe declined slightly. The two may offset each other, and the Asia-Pacific region will still maintain strong growth.
Q9: As a world-leading well-known chemical company, can Mr. Su share some successful experience of the company?
Su: Huntsman Group was founded in 1970 by Mr. Huntsman. Today, Huntsman has branches all over the world and 15,000 well-trained employees. I personally like the entrepreneurial spirit mentioned in the book Winners Never Cheat by Jon M. Huntsman very much. Externally, companies must continuously improve transparency, establish a good corporate image, and the company should be a good citizen of the corporate society ; Internally, enterprises should also give employees more room for development, not just some rewards, but also need to build a lot of corporate culture. (Liu Huanhuan, special correspondent of Tiantian Chemical Industry Network)
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