Under the financial crisis, all industries are generally affected, and fine chemicals are no exception. However, due to the uniqueness of the market and technology, most fine chemical products are less hurt than common chemical products (such as sulfur, sulfuric acid). Please talk about your views on the fine chemical industry from your own perspective, including the current situation, countermeasures, and future prospects, etc.
Fine chemicals have strong dependence on proprietary technology, fast market transformation, belong to the type of fast in and fast out. Compared with traditional chemicals, the profit margin is relatively high. To do fine chemicals, it is very important to be sensitive enough to market demand and have strong new product development capabilities. But most of the products produced usually belong to the category of chemical additives. When the traditional chemical industry is depressed, the fine chemical industry will also be affected. In a word, it is still necessary to have a clear understanding of the overall economic environment.