Guangdong Province plans to build 100 billion organosilicon clusters!

According to the media, according to the plan, Guangdong will further improve the quality and expand the existing eight trillion-level pillar industrial clusters in 2023. It plans to build several new trillion-level industrial clusters and cultivate more than four new growth engines of more than 500 billion. Guangdong plans to have organosilicon industrial clusters of more than 100 billion yuan, all of which are concentrated in innovative applications and terminal products, with geographical concentration in Dongguan, Yangjiang, Jiangmen, Zhaoqing, etc.

A number of leading individual enterprises have recently announced new investment plans to start a new round of "upgrading and transformation war". It is reported that the leading enterprises in the domestic silicone industry have increased their capital expenditure in recent years, and continue to seize the global share through scale upgrading. The industry said that, from the perspective of industry characteristics, the success rate of M&A in the organic silicon industry is low, and new capacity is preferred for industry expansion.

The price of organosilicon has declined for several consecutive months, and some parts have fallen below the cost line so far. The decline of organosilicon prices for consecutive months is mainly due to the weakness of the global demand side and the weak market outlook for the future market. Several insiders said that there might be a positive trend from March, but the overall rebound was not expected.