LYDD Chlor-Alkali Industry Salon (Jining Station) was Successfully Held
On April 10, the "2024 Chlor-Alkali Industry Salon" hosted by LYDD of Guolian Corporation was successfully held in Jining, Shandong. Wang Yun, Vice President of LYDD and Director of PVC Division, Pei Zhongxue, CDO of Resin Industry Chain of LYDD Industrial Big Data Department, and Cheng Xijiao, Manager of Caustic Soda Industry of LYDD Industrial Big Data Department, attended the event, and several chlor-alkali enterprises gathered together to discuss the innovation and upgrading of the chlor-alkali industry.
With the theme of "Industry Empowerment, Cost Reduction and Efficiency Increase", the conference is commited to promoting the high-quality development of China's chlor-alkali industry, and discussed hot issues such as the development of the chlor-alkali industry, the structure of the industrial chain, downstream consumption and the characteristics of the financial derivatives market in 2024.
During the discussion and exchange, Wang Yun, Vice President of LYDD and Director of PVC Business Department, gave a speech on "Some Practices in the Direction of Our Industrial Digitalization", Pei Zhongxue, CDO of the Resin Industry Chain of LYDD Industrial Big Data Department, delivered "In-depth Data Research and Derivatives Application in the PVC Future and Spot Market" and Cheng Xijiao, manager of the caustic soda industry of LYDD Industrial Big Data Department, delivered "Analysis and Market Outlook of Caustic Soda Industry Chain", were widely recognized by on-site enterprises.
Wang Yun introduced the business model of Guolian Duoduo platform, the main business of each Duoduo platform, and the typical cases of digital empowerment cloud warehouse, cloud logistics, digital factory and industrial chain penetration. He said: "In 2024, after years of development, China's chlor-alkali industry has gradually realized the transformation and upgrading of high-quality green environmental protection industry, and the overall improvement and extension of the industrial chain has gradually entered a stable period of large chemical industry. Based on the existing business foundation, LYDD of Guolian Corporation has strengthened the chlor-alkali industrial system with data resources as the core production factor, digital technology as the support, and digital platform as the focus, realizes the digital traceability of chlor-alkali resources, and looks forward to scoring new achievements in other main businesses of Duoduo. â
Pei Zhongxue made a detailed analysis of the futures and spot market of PVC. She said: "At present, China's PVC industry is in a mature period and has entered an era of high cost support. However, there is uncertainty about the economic recovery in 2024 with continued poor performance of real estate data, and frequent events such as a slowdown in global economic recovery, persistent inflation, geopolitics, and debt risks. The development of the chlor-alkali industry will still face many changes in the future. Combined with the industrial layout of LYDD operation and the general trend of the industrial digitalization economy, in the development process of ensuring the efficient and safe operation of the chlor-alkali industry chain, the industrial digital economy platform represented by LYDD will make a great difference. â
Cheng Xijiao introduced the basic situation and future development trend of caustic soda. She said: "The upstream, midstream and downstream tend to be healthy competition, the market saturation is high, the activity of commodities is gradually increasing, and with the continuous close linkage of financial attributes, the market has begun to diversify, and the influencing factors of industrial chain commodities have also begun to increase."
