Recently, due to the impact of the Russia-Ukraine war, there has been a shortage of raw materials abroad, and the same situation has also appeared in the Chinese market. It is reported that since the third quarter of last year, multinational chemical giants such as BASF, DuPont, and Dow Chemical have also sent letters several times announcing price increases. And this kind of shortage and price increase will eventually appear on the domestic brand side through layer upon layer transmission.
In fact, this is just a “microcosm” of the industry in the past one or two years. Under the background of the global epidemic crisis, inflation, commodity prices, energy Negative factors such as price increases and shipping price increases have come one after another. Out of stock, supply cuts, price increases, and production suspensions… haunt every practitioner in the chemical industry like a shadow.
This phenomenon also exposes a shortcoming of China’s chemical industry – the high dependence on foreign raw material enterprises. This short board has further led to domestic raw material manufacturers and brands continuing to be affected by international raw material manufacturers.
In response to this situation, in 2021, Kayn Chemical launched a plan to build a domestic raw material platform. By fully integrating domestic chemical production resources and relying on digital technology, high-quality domestic chemical Raw materials are accurately delivered to downstream enterprises, further helping the rise of domestic chemical brands.
For more than a year, Kaiyin’s domestic chemical raw material procurement website (www.kaiyinhg.com) has provided customers with cost-effective raw materials and reduced costs for everyone synergy. Some time ago, there was a typical example of a customer successfully replacing expensive imported raw materials by purchasing domestic titanium dioxide raw materials.
The customer (Jiang**** Chemical Co., Ltd.) originally used Chemours 902+ titanium dioxide, and the production cost was very high. Under the recommendation of Kaiyin, Xianghai Technology CR6618 was used as a substitute, and it fully met the production requirements after taking a sample test. Facts have proved that as long as a suitable model is found, domestic raw materials can completely replace imported raw materials.
At present, “domestic products” have become the focus of the development of many industries, and as a pillar of the Chinese economy, the rise of domestic chemical brands will surely help China’s economy take off again. Kain Chemical Domestic Raw Materials Network will join hands with domestic chemical brands to jointly help the digital transformation and upgrading of the chemical industry, open up upstream and downstream trade channels, and continuously polish the business cards of domestic chemical brands.
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